The Daily Tribune
SM Supermalls turns 40, expands nationwide footprint with new projects
SM Supermalls celebrated its 40th anniversary, reflecting on its growth from one mall to 88 nationwide and announcing plans for further expansion.
The company's first mall, SM North EDSA, opened in 1985, and the anniversary event honored its long-standing tenants, stakeholders, and business partners.
Future developments include new malls in Zamboanga, Sta. Rosa, and Malolos, as well as the redevelopment of SM Harrison Plaza.
These expansions demonstrate SM Supermalls' commitment to its 'glo-cal' strategy, integrating international retail standards with local community preferences.
SM Supermalls' continued growth underscores the resilience of the Philippine retail industry amidst economic shifts and the digital age.
The company also emphasizes its dedication to sustainability, technological innovation, and a customer-centric approach rooted in 'malasakit'.
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