SM Group Archives - Inside Retail Asia
SM Group has employed its first in-mall customer service robot, at SM Megamall.
Alfamart Philippines plans 200 more stores in 2019.
Philippine mall rents are stable and it is still a landlord’s market, says a report by Pinnacle Real Estate Consulting Services.
Partnering with the SM Group, footwear brand Bata Philippines has launched at SM Megamall.
SM Malls, which now total 56 in the country, have evolved into sustainable structures that are proving to be valuable and sensible investments.
Indonesian convenience store chain Alfamart says it will open 1200 more stores in Indonesia this year and 100 more in the Philippines.
SM Group is to collaborate with The Walt Disney Company Southeast Asia to bring Disney brands closer to Filipinos through mall, retail, entertainment and amusement opportunities. SM Group is to collaborate with The Walt Disney Company Southeast Asia to bring Disney brands closer to Filipinos through mall, retail, entertainment and amusement opportunities.
Indonesian c-store operator Alfamart is aiming for up to 3000 Alfamart Philippines stores in its joint venture with SM Group.
The Philippines’ SM Retail plans to open 20 more Savemore supermarkets this year after reaching the 100 threshold last year.
Thai homewares giant Index Living Mall has signed a Philippines partner as its Asian expansion continues. Index will team up with the Philippines largest retail and mall operator SM Group to run the franchise for the concept for at least five years. Index managing director Kridchanok Patamasatayasonthi told the Bangkok Post newspaper Index chose the Philippines due to its huge market potential. “There’s no furniture or furnishings chain like us in the country, just small local and impor…
Puregold Price Club is delaying the launch of its joint venture with Lawson until early next year. The joint venture was planning to open the first of an eventual network of 500 convenience stores bearing the Lawson brand by the end of this year. But Puregold president Leonardo Dayao says the first store will not now open until February. He said the first 50 stores are still planned by the end of 2015 and the target remains 500 stores within five years. Puregold sealed a partnership …
The Philippines’ SM Group is boosting its retail unit by adding 10 new ‘Savemore’ supermarkets before the year ends. That would take the count to 112, says SM Supermarkets president Joey Mendoza. He said the expansion is aimed at banking in on the country’s steady population growth and Filipinos’ shifting buying preferences. SM also operates SM Supermarket and SM Hypermarket brand stores.