Tag Archives: SM Malls

SM opens 70th mall

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(Source: Inquirer |May 19, 2018) Property giant SM Prime Holdings has hit the 70th shopping mall milestone in its Philippine retail empire expansion, cementing its market-leading position with the opening of a new shopping hub in Pampanga. SM City Telabastagan, which opened last Friday, is the fourth SM mall in this province. The new mall adds 55,000 square meters of ...

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SM Prime Q1 net income rose 15% to P7.6 billion

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(Source: Business Mirror | May 7, 2018) Shopping mall operator SM Prime Holdings Inc. said it posted a 15-percent increase in its net income in the first quarter to P7.6 billion from last year’s P6.6 billion, driven by the expansion of its mall and residential businesses in key cities all over the country. Consolidated revenues grew 14 percent to P23.4 ...

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SM Prime opens second Pangasinan mall

SM Retail

(Source: Manila Standard | May 3, 2018) SM Prime Holdings Inc., the country’s leading shopping mall and residential developer, opened its second mall in Pangasinan province Friday (May 4). SM Prime said in a disclosure to the stock exchange SM City Urdaneta Central, the group’s 69th mall in the Philippines, would open with 42,000 square meters of gross floor area. ...

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SM Prime opens 6th Cavite mall

SM-Center-IMUS

(Source: Business Mirror | February 15, 2018) The shopping mall empire of country’s richest man Henry Sy, Sr. continues its provincial expansion with the opening of SM Center Imus in Cavite. In a statement issued Wednesday, SM Prime Holdings, Inc. (SM Prime) said it will be opening the mall on Friday (Feb. 16) with 90% of its leasing space already ...

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SM Store goes cashless with PayMaya

PLDT, Inc. Chairman Manuel V. Pangilinan (second from left) and The SM Store President Chelo C. Monasterio (second from right) show the media one of the mobile payment lanes in SM Megamall, where customers can use the PayMaya QR scan-to-pay system to make purchases. PayMaya Philippines President and CEO Orlando B. Vea (left) and Smart Vice-President for Wireless Key Accounts Development Precy Katigbak (right) were also present during the event.

(Source: SMinvestments.com | January 18, 2018) PLDT, Inc.’s digital financial unit PayMaya Philippines is ramping up its presence in brick-and-mortar retail establishments, unveiling on Wednesday its partnership with The SM Store for cashless payments. Under its partnership with the retail unit of the country’s largest shopping mall operator, PayMaya users can pay for their transactions just by opening the app ...

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Global brand Bata celebrates 1st year in the Philippines

Brogues, boots and glitzy bags for girls with attitude; Blogger Paul Chuapoco with his Bata choices; and the brand’s sleek designs for men in supple leather

(Source: SM Investments.com | January 8, 2018) Global brand Bata recently celebrated its first anniversary in the Philippines with a stylish get-together at its SM Makati store. Since its first store in SM Megamall opened a year ago, Bata Philippines now has branches in SM City Bacoor, SM Makati, SM Mall of Asia, SM City Marikina and SM City Fairview. ...

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SM Prime goes for 67th mall in retail domination

(Source: rappler.com)

(Spurce: Inquirer.net | December 16, 2017) Property giant SM Prime Holdings opened yesterday a new shopping center in Lemery, Batangas, marking the 67th retail hub in its nationwide shopping mall empire. SM Center Lemery would be adding 25,000 square meters (sq m) to SM Prime’s total gross floor area in the Philippines. “Lemery has been a gateway to different attractions ...

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SM Appliance Center takes on a new look

SM appliance

(Source: Business Inquirer | December 9, 2017) With Christmas just around the corner, it’s time to find that perfect gift for everyone on your list. Gifts for the home, especially appliances, are usually the most welcomed and could be enjoyed by the entire family. SM Appliance Center is an industry appliance specialty retailer known for carrying the best and most ...

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The retail row

(Photo from: business.inquirer.net)

(Source: Inquirer.net | December 9, 2017) Sprawling malls and commercial complexes have long become an integral part of the Philippine culture. For many Filipino families and friends, a mall becomes a point of convergence, where friendships are nurtured, ties are strengthened among kin, milestones are aptly celebrated, and where many “firsts” often happen, be it a first date, a first ...

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SM Group looking at Singapore for expansion

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(Source: ABS-CBN News | November 14, 2017) The SM group is looking at Singapore as the starting point for its Southeast Asian expansion, SM Investments vice chairperson Teresita Sy-Coson said. SM, which operates the Philippines’ largest bank and shopping mall chain, might open in Singapore “soon,” Sy-Coson said without elaborating. “As soon as the Singapore government will give us a ...

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