Inquirer
SM pilots Alfamart franchising to boost MSMEs
SM Group's Alfamart Philippines has launched a pilot franchising program to empower MSMEs and foster inclusive business growth.
This initiative allows existing Alfamart lessors and local entrepreneurs to own and operate their own Alfamart stores.
The pilot program commenced in Laguna with two franchise-owned stores, one opened in October 2024 by Engineer Leovino Datario and another in August by Arles Uy Jr.
Alfamart Philippines has expanded its network to 2,337 stores nationwide as of the end of September.
Harvey Ong, COO of Alfamart Philippines, stated that this program aligns with the SM group's dedication to inclusive growth and entrepreneurship.
Alfamart Philippines is a joint venture between SM and Alfamart, one of the leading retailers in Indonesia.
🤖
This story was generated by AI to help you understand the key points. For more detailed coverage, please see the news articles from trusted media outlets below.
News Sources
See how different news organizations are covering this story. Below are the original articles from various Philippine news sources that contributed to this summary.
