Sm Shoemart Essay

800 Words4 Pages
Service Operations of SM-Shoemart Shoemart, commonly known as SM, is one of the largest companies in the Philippines. SM was founded as a shoe store by Henry Sy, Sr., in October 1958 in downtown Manila. In the 1960’s, Shoemart expanded its shoe store chain. It was one of the pioneers in the new urban centers when it opened bigger shoe outlets in the Makati Commercial Center in 1963 and in Cubao in 1967. By the 1970’s, Shoemart was a full-line department store, shifting its name from Shoemart to SM. SM positioned itself for growth in the 1980s, diversifying into the supermarket and appliance store business. It opened the first "Supermall" store in 1985 in Quezon City called SM City North EDSA.. Shoemart (SM) is being run by SM Prime Holdings, the Philippines’ largest mall operator. It owns and runs world-class malls all over the country, providing millions of square meters of floor area for a fully integrated shopping, dining, and entertainment experience. What started as a mall business back in 1985 has grown and evolved into a highly strategic and integrated property developer with interests in shopping malls, residential condominiums, and commercial office buildings, in addition to resorts, leisure projects as well as hotels and convention facilities. Malling becomes a way of life for millions of Filipinos as SM Malls are opened in the metro and provincial areas. With its exciting merchandise mix, world class interiors, one stop shopping convenience, and service, SM has become part of the lives of many Filipinos. SM is the country's leading retailer with its chain of department stores, as well as retail affiliates that complement traditional store lines. Some of these focuses on home, toy, stationery, and infant sections of the department stores, while others are free-standing superstores. SM retail operations includes SM Department Store, SM Supermarket,

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