SM

Retail Asia03/06/2016

SM Mall of Asia is set to revolutionize its look 10 years after it opened in Manila Bay. The Philippines’ biggest mall will soon house a FIFA World Cup-size soccer field on the mall’s roof deck and a botanical garden. Miami-based firm Arquitectonica will design these. By the end of the year, an Olympic-size skating […]

Retail Asia09/05/2016

SM Retail sales grew across all operations – which consist of both SM Markets and The SM Store. Total sales grew 8 per cent to P48.8 billion (US$1.0 billion) in the first quarter, while net income rose 16 per cent to P1.5 billion. SM’s food retail business continued to expand, adding five new stores. At […]

Retail Asia06/05/2016

SM Prime is opening its 57th mall in the Philippines. SM City San Jose Del Monte will open today. It is the third in the province of Bulacan after SM City Baliwag and SM City Marilao. The new mall will add 101,000 sqm in gross floor area to the total floorplate of SM Prime, SM […]

Retail Asia28/03/2016

The SM Mall of Asia and Museo del Galeon are set to launch the Manila-Acapulco Galleon Museum in Pasay City in the third quarter of 2016. The dome-shaped museum will feature the history of the 250-year old global trade route where the Philippines and Mexico played major roles. Its main feature is a replica of […]

Retail Asia10/03/2016

Retail king Henry Sy, Sr. remains the Philippines’ richest person, according to the Forbes 2016 Global Billionaires’ list. Sy, 91, has an estimated net worth of $12.9 billion – roughly P562.3 billion – as of this month, making him the world’s 71st richest person. His net worth dropped from $14.2 billion in 2015 due to […]

Retail Asia09/03/2016

SM Investments Corporation (SM) won two awards for its annual report and maiden Environmental Social and Governance (ESG) Reports during the Public Relations Society of the Philippines’ (PRSP) Gabi ng Parangal 51st Anvil Awards held recently. SM’s first 2014 ESG report with the theme, “Working Together for a Sustainable Future”, earned a Gold Anvil Award […]

Retail Asia10/12/2015

The newly opened SM Seaside City Cebu is SM’s third largest mall in the country measuring 430,000 sqm in gross floor area. And the property developer SM Prime describes the mall as one of the Philippines’ most picturesque, showcasing not just architectural excellence but also resilience in design. Due to its proximity to the Mactan […]

Retail Asia07/11/2015

In October 1958, SM, then known as Shoemart, was nothing but a lone store along Rizal Avenue in downtown Manila. Fifty-seven years later, it has become a part of the lives of millions of Filipinos across the country and abroad. And with more than half a century of retail experience under its belt, SM Retail […]

Retail Asia08/09/2015

Henry Sy, the founder of the Philippines mall giant SM has maintained his place at the top of the nation’s rich list for the eighth consecutive year. Sy’s various business interests include property, retail and banking and his net worth is estimated byForbes Philippines as US$14.4 billion – up $1.7 billion on the 2014 figure. […]

Retail Asia11/03/2015

supermarket__cabiao__nueva_ecija_by_redbelt-d6no28o-1024x595.jpg

The Philippines’ SM Retail plans to open 20 more Savemore supermarkets this year after reaching the 100 threshold last year. Savemore is a neighbourhood grocer format, typically about 1300 sqm and located in areas where there is little organised retail industry in place. In such neighbourhoods, most Filipinos shop in sari sari stores – small […]

Tag: SM

Major revamp for SM Mall of Asia

SM Retail sales boosted

SM City San Jose opening brings SM malls to 57

SM Mall of Asia to build museum

SM founder Henry Sy still on top

SM Investments Corporation wins two Anvil Awards for its Annual and ESG Reports

SM Seaside City opens in Cebu

SM named Philippines’ Top Retailer

Philippines mall magnate tops rich list

SM to expand Savemore network