SM’s Alfamart sees network of 1,200 stores by year-end


By Philippine Daily Inquirer

The SM group’s mini-grocery chain Alfamart plans to roll out at least 200 new stores across Luzon this year, expanding its retail footprint to 1,200 stores as it seeks to make inroads into more communities amid the prolonged pandemic.

“We continue to be guided by our company purpose of uplifting the lives of residents in underserved communities. We bring this to life by opening stores close to where our customers live and offering them a wide assortment of essential merchandise to address their daily and weekly needs,” Harvey Ong, Alfamart Philippines’ chief operating officer, said in a press statement on Friday.

A joint venture between SM and Alfamart Indonesia, Alfamart caters to a broad market segment. It sells basic groceries, select SM Bonus products, fresh and frozen items, snacks such as “turon” or fried banana, and personal care products.

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