SM Supermarket

SM Supermarket
Product type Supermarket chain
Owner SM Investments
Country Philippines
Markets Philippines
Website www.smmarkets.com.ph

SM Supermarket is a Filipino supermarket chain owned by SM Investments and is operated through Super Value Inc. As of December 2016, SM Investments operated 48 supermarkets and 156 SaveMore branches across the Philippines.[1]

The entrance of SM Supermarket in the SM Aura mall in Bonifacio Global City, Metro Manila, Philippines.

History

Operated by Super Value, Inc., SM Supermarket established its first store in 1985 at the Ayala Center, Makati and outside Metro Manila in Iloilo City. In 1998, SM Supermarket introduced stand-alone, independent, neighborhood supermarkets, the SaveMore Markets. Its first store is opened at Riverbanks Center in Marikina.[2]

Variants

SaveMore Markets

An SM SaveMore Market branch in Santa Maria, Bulacan

SaveMore Market is a chain of neighborhood grocery stores under the SM Food Retail Group (other food retail formats under SM are SM Supermarket and SM Hypermarket). These stores are located outside an SM mall in either stand-alone outlets or as an anchor tenant of a commercial center/commercial building or non-SM mall.[3]

SM MarketPlace

SM MarketPlace is the newest addition to SM Food Retail Group, which manages SM Supermarket, SM Hypermarket, and SaveMore Market. Marketplace stores are located in an existing, major non-SM Mall or a specialty SM Supermall to provide grocery needs to shoppers. On December 8, 2012, the former A-Venue Events Center was converted to SM MarketPlace.

See also

References

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