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SM Quiapo (also known as SM Clearance Outlet and SM Carriedo) was the first SM store, opened on November 4, 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 Supermalls, also simply known as SM is a chain of shopping malls owned by Philippines-based SM Prime. As of May 2024, it has a total of 96 malls (88 in the Philippines and 8 in China). It was also formerly known as Shoemart.
SM Retail Inc. is a retail holding company based in Pasay, Philippines. It is a subsidiary of the conglomerate SM Investments Corporation. SM Retail has been a member of the International Association of Department Stores since 2009.
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.
Free Shipping Day is a one-day event held annually in mid-December. On the promotional holiday, consumers can shop from both large and small online merchants that offer free shipping with guaranteed delivery by Christmas Eve.
Philippines: As of March 2019, Payless has 76 stores in the Philippines. [22] Indonesia , Singapore , and Malaysia : In April 2011, Payless launched its first store in Jakarta , Indonesia followed by one store in Kuala Lumpur and Singapore within the same year and under the same management.