Owner SM Prime Holdings Introduced 1985 | ||
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Tagline We've got it all for you! Founded 8 November 1985, Manila, Philippines Profiles | ||
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SM Supermalls, owned by SM Prime Holdings, is a chain of shopping malls in the Philippines that has 58 malls located across the country and 6 in China. SM Supermalls has become one of the biggest mall operators in Southeast Asia. Combined, the company has about 8.5 million square meters of gross floor area (GFA). It has 17,333 tenants in the Philippines and 1,478 tenants in China.
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History
The company that operates the malls was started by Henry Sy, Sr. in 1958 as Shoemart, with a store in Manila. In the 1960s Shoemart expanded its shoe store chain. By the 1970s, Shoemart was a full-line department store, shifting its name from Shoemart to SM.
In the 1980s, the company diversified and ventured into the supermarket and home appliance store business. It opened the first "Supermall" store in 1985 in Quezon City called SM City North EDSA.
Currently operating malls
The following is a list of SM shopping malls in the Philippines and their consecutive opening dates. Italics denote planned malls or malls under construction. Gross floor area is based on the latest press release of SM Prime Holdings, and on SM Supermall Mall Profile literature.