The SM Store

The SM Store
Industry Retailing
Founded 1958
Founder Henry Sy, Sr.
Headquarters Pasay, Philippines
Area served
 Philippines, China, Guam
Website www.smdeptstore.com

The SM Store (formerly known as SM Department Store) is the very foundation of SM. Being run by SM Investments, the holding company of the SM Group, SM Department Store is a founding retail center where various brands of fashion, footwear, bags, accessories, toys, gadgets and other types of products can be found. SM Department Store now holds more than 30 branches located at cities and provinces in the Philippines. SM Department Store became one of the top retail centers in the Philippines.

History

On October 1958, Henry Sy, Sr. opened the first Shoemart store along Rizal Avenue in downtown Manila. In the 1960s, the company expanded its shoe store chain. It was one of the pioneers in the new urban centers when it opened bigger shoe outlets in the Makati Commercial Center in 1963, and in Cubao in 1967. Shoemart marked its shift from a shoe store to a full department store, in the 1970s. They were SM Quiapo in Echague (now Carlos Palanca St.) in 1972, SM Makati in 1975, SM Cubao in 1978 and the first store outside Metro Manila, SM Delgado in Iloilo City in 1979. SM positioned itself for growth in the 1980s, diversifying into the supermarket and appliance store business. Late 1985 marked the opening of a shopping mall, the SM City North EDSA.

In 2011, some new existing branches of SM Department Store were renamed as "The SM Store". First used in Agana Shopping Center. SM City Masinag was the first SM Supermall to use the "SM Store" brand.

Branches

Current

Upcoming

Retail Affiliates

Aside from bags, shoes and apparel, The SM Store has also segments featuring other products through the following retail affiliates:

Current

Gallery

See also

References

  1. ↑ Monday, November 10, 2014. Megacenter the Mall Facebook Page

Sources

External links