SM Retail Archives - Inside Retail Asia
SM Retail has achieved a first-quarter profit increase of 5 per cent to P2.7 billion (US$51.7 million).
The Philippines will soon be the Asia’s fifth largest retail grocery market, according to data released today.
Asia’s big-box grocers are forecast to grow on average 3.5 per cent a year, according to IGD research.
Alfamart Philippines is set for major expansion with funding secured for as many as 120 new stores.
After consolidating its retail stores under SM Retail, SM Investments Corp plans to accelerate growth.
SEC approves the SM Retail merger.
Retail analyst examines why the Philippines scores positive in the Asian retailing industry..
SM Retail consolidation will create Php251 billion turnover company.
SM Retail sales rose in the first quarter as Filipinos spend up at large.
SM Investments in The Philippines has approved the merger of its SM Retail subsidiary with related companies, bringing together 1374 outlets.
Thai home-furnishing retailer Index Living Mall plans to expand into other ASEAN countries.
SM Retail of the Philippines has reported a 6.5 per cent increase in sales over the first nine months of the year to PHP145.3 billion (US$3.1 billion).