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SM Supermalls, or simply SM, is a chain of shopping malls owned by the Philippines-based SM Prime. As of February 2025, it has a total of 95 malls (87 in the Philippines and 8 in China). It also has 13 malls under construction (5 in the Philippines and 2 in China). It was formerly known as Shoemart.
Shopping malls play an important role in the Philippine economy.Major Philippine mall chains include SM Supermalls, which has over 86 shopping malls around the country, and Ayala Malls, which has 31 shopping malls nationwide.
SM Store Quiapo (also known as SM Clearance Outlet and SM Carriedo) was the first SM store, opened in 1972. The store was owned by the Chinese-Filipino billionaire Henry Sy and it is currently being managed by SM Investments 's foundation, SM Department Store Inc.
SM North EDSA (also known as The SM Center North EDSA, The SM City North EDSA and SM City North EDSA in the past) is a large shopping mall located in Quezon City, Metro Manila, Philippines. It is the first SM Supermall in the country and formerly the largest shopping mall in the Philippines from 2008 to 2011, circa 2014, and from 2015 to 2021.
SM Seaside City in Cebu City. This is a list of notable shopping malls in the Philippines.The retail industry in the Philippines is an important contributor to the national economy as it accounts for approximately 15% of the country's total Gross National Product (GNP) and 33% of the entire services sector.
This article lists the largest shopping malls in the Philippines by gross floor area. SM Prime Holdings is the largest shopping retail operator in the Philippines with 78 operating malls totaling a gross floor area of 4.5 million square meters nationwide. [1]
SM Retail Inc. is a retail holding company based in Pasay, Philippines. It is a subsidiary of the conglomerate SM Investments Corporation . [ 2 ] [ 3 ] SM Retail has been a member of the International Association of Department Stores since 2009.
Upon the closure of cinemas since March 2020 amidst the COVID-19 pandemic in the Philippines, SM Cinema opened up a drive-in-cinema dubbed as SM Cinema: Movies at Sundown on July 31, 2020, located at the mall's amphitheater, with the ticket prices starting at 400 pesos, and must be purchased through SM Tickets website.