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Retail Asia13/11/2015

SM Retail of the Philippines has reported a 6.5 per cent increase in sales over the first nine months of the year to PHP145.3 billion (US$3.1 billion). Profit rose 21 per cent to PHP4.6 billion (US$98.2 million). Reviewing its operating divisions over the period, the company said its SM Food Retail Group (SM Markets) continued […]

Retail Asia15/06/2015

Philippines retail conglomerate SM says it’s in talks to purchase grocery retailer Cherry Foodarama. In a disclosure to the inventory trade, SM Investments stated the 2 corporations are planning to enter right into a three way partnership, topic to agreeing on phrases. SM additionally operates in a JV association with Waltermart and rival retail big […]

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Tag: cherry foodarama

SM Retail posts solid sales growth

SM in bid for Cherry Foodarama