SM Archives - Inside Retail Asia

SM, Jollibee roll out emergency packages for employees

As the community quarantine continues all over Luzon, Philippine conglomerate SM Group has committed to maintaining regular pay for all of its employees, without deductions from their vacation or sick leave entitlements.

Retail grows 10 per cent for the Philippines’ SM Investments

The Philippines’ SM Investments has achieved 14-per-cent sales growth in the first half year, its retail division up by 10 per cent.

SM Prime maps US$1.53 billion expansion plan

Philippine property developer SM Prime Holdings has committed US$1.53 billion for constructing four new malls, and other projects.

Henry Sy passes away, aged 94

The founding father of Philippine retail, Henry Sy, has passed away.

Giant Ikea Philippines store will be world’s largest

Ikea Philippines says its first store will take up an enormous 65,000sqm space, making it the world’s largest.

New malls boost SM Prime Holdings income

SM Prime Holdings has reported a 16 per cent rise in income in the first half of this year.

Garmin Philippines: Time for growth

Garmin Philippines will introduce its expanded smartwatch line and open locations this year in Vertis North Mall Quezon City and Mindanao.

SM Prime pegs US$1.5b for expansion

SM Prime Holdings is earmarking PHP80 billion (US$1.5 billion) this year for expansion.

Ikea Philippines to open first store at SM Mall of Asia

Ikea Philippines will open its first store next to Mall of Asia in Manila in 2020.

Goldilocks Bakeshop acquisition abandoned

SM Retail has called off a planned acquisition of Goldilocks Bakeshop chain in the Philippines.

SM Retail gets nod to take over Goldilocks

SM Retail has received approval from the Philippines antitrust body to acquire the Goldilocks Bakeshop chain.

SM Prime Holdings adds to Luzon portfolio

SM Prime Holdings has opened a mall in Batangas to continue its expansion in southern Luzon.