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Children Malls Management Retail Retailer

Philippines: SM Foundation donates school building to the San Francisco Elementary School in Tarlac

PASAY CITY, PHILIPPINES, 2016-May-11 — /EPR Retail News/ — SM Foundation turned over its 74th school building donation to the San Francisco Elementary School in Tarlac on May 6 in partnership with SM Prime. The two-storey, four-classroom school building came fully furnished with 200 armchairs, 16 wall fans, eight blackboards, four teacher’s table and chair…
May 11, 20160Comments

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Business Malls Management Retail Retailer

Philippines: SM Prime Holdings reports core net income growth of 12% in the first quarter of 2016

Pasay City, Philippines, 2016-May-02 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), the Philippines’ leading integrated property company, reported a core net income growth of 12% in the first quarter of 2016 to PHP5.8 billion while consolidated revenues rose 10% to PHP18.2 billion. “SM Prime’s massive expansion last year propelled our performance this…
May 2, 20160Comments

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Business Management Retail Retailer

PHILIPPINES: SM Investments Corporation releases its 2015 Environmental, Social and Governance Report

Pasay City, Philippines, 2016-May-02 — /EPR Retail News/ — SM Investments Corporation (SM), the country’s largest conglomerate, has reported significant progress in its sustainability practices which involves its operations, social development programs and environmental conservation efforts. These efforts are disclosed in SM’s 2015 Environmental, Social and Governance Report released on April 27 during the company’s…
May 2, 20160Comments

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Children Healthcare Malls Management Retail Retailer

Philippines: SM Foundation donates brand new daycare and health center to the residents of Pasong Kawayan II in General Trias, Cavite

Pasay City, Philippines, 2016-Mar-30 — /EPR Retail News/ — SM Foundation, in partnership Summerhills Home Development Corporation (SHDC), recently turned over a brand new daycare and health center to the residents of Pasong Kawayan II in General Trias, Cavite. The center will mainly cater to the two nearby subdivisions of Heneral Uno and Heneral Dos. The one-storey…
March 30, 20160Comments

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Environment Malls Management Retail Retailer

Philippines: Former U.S. Vice President Al Gore visits SM Mall of Asia Solar Carpark

Pasay City, Philippines, 2016-Mar-30 — /EPR Retail News/ — Former U.S. Vice President Al Gore recently visited the newly-completed SM Mall of Asia Solar Carpark. He was welcomed by Leandro Leviste, President of Solar Philippines; Hans Sy, President of SM Prime; Loren Legarda, Senator and UN Global Champion; and Hans Sy Jr., Vice President of…
March 30, 20160Comments

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Art Malls Retail Retailer

Philippines: Manila-Acapulco Galleon Museum to launch at the Mall of Asia Complex in Pasay City

Pasay City, Philippines, 2016-Mar-16 — /EPR Retail News/ — Museo del Galeon, Inc. is bringing to life the country’s trade heritage with the Manila-Acapulco Galleon Museum at the Mall of Asia Complex in Pasay City. Set to be launched in the third quarter of 2016, the dome-shaped museum’s main feature is a replica of the Galleon…
March 16, 20160Comments

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Malls Management Philanthropy Retail Retailer

Philippines: SM Foundation ended 2015 on high note as four of its scholar-graduates topped the 2015 national licensure examinations for engineering

SM Foundation celebrates board topnotchers and donates 8 school buildings Pasay City, Philippines, 2016-Mar-16 — /EPR Retail News/ — SM Foundation ended 2015 on a high note as it welcomed another first for its college scholarship program—four of its most recent scholar-graduates topped the 2015 national licensure examinations for engineering. These students are part of SM Foundation’s…
March 16, 20160Comments

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Business Management Retail Retailer

Philippines: SM Investments Corporation approves merger of SM Retail Inc. with several related retail companies

Pasay City, Philippines, 2016-Feb-29 — /EPR Retail News/ — Today the Board of Directors of SM Investments Corporation (SM) approved the merger of its retail arm, SM Retail Inc. (SM Retail) with several related retail companies. The related companies operate leading local retail chains including Ace Hardware, SM Appliance Center, Homeworld, Our Home, Toy Kingdom, Watsons,…
February 29, 20160Comments

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Business Financial Malls Management Retail Retailer

Philippines: SM Prime Holdings reported recurring net income growth of 14% in 2015

Pasay City, Philippines, 2016-Feb-24 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), the Philippines’ leading integrated property company, reported a recurring net income growth of 14% in 2015 to PHP20.9 billion on the back of an 8% increase in consolidated revenues to PHP71.5 billion in the same period.  On a consolidated level, net…
February 24, 20160Comments

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Entertainment Malls Management

Philippines: SM Cinema adds more cinema screens nationwide

SM Cinema’s new large format theatre called the “LARGE SCREEN FORMAT” at SM Seaside City Cebu features a super-sized screen almost 30% larger than the regular cinema screen size. Pasay City, Philippines, 2016-1-8 — /EPR Retail News/ — SM Cinema is bringing world class entertainment closer to provincial areas as it adds more cinema screens nationwide. SM…
January 8, 20160Comments

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Awards Business Malls Management Retail Retailer

Philippines: SM Prime Holdings hailed the Best Real Estate Developer (Retail) for the 3rd time by Euromoney Magazine’s 11th Annual Real Estate Survey

PASAY CITY, PHILIPPINES, 2015-12-29 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property companies in Southeast Asia, was hailed as the Best Real Estate Developer (Retail) in the Philippines for the third time by Euromoney Magazine, last November 16. This award celebrated Philippine real estate’s robust growth in…
December 29, 20150Comments

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Business Malls Management Retail Retailer

Philippines: SM Prime Holdings mall business announces recent ISO 22301 certification

Pasay City, Philippines, 2015-12-17 — /EPR Retail News/ — The mall business of SM Prime Holdings, Inc. (SM Prime), the country’s largest integrated property developer, reported its recent certification by the International Organization for Standardization. The ISO 22301 certification affirms the company’s commitment to meet the needs of its stakeholders especially in times of disasters and…
December 17, 20150Comments

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Business Malls Management Retail Retailer

Philippines: SM celebrates 30th anniversary of SM City North EDSA mall

Pasay City, Philippines, 2015-12-15 — /EPR Retail News/ — SM City North EDSA, one of the most iconic shopping malls in the country, has been an epitome of how SM malls have transformed to meet the shifting needs and demands of consumers in a dynamic Philippine retail environment. From a footprint of only 125,000 square meters…
December 15, 20150Comments

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Business Environment Malls Management Retail Retailer

Philippines: SM malls evolved into sustainable structures

Pasay City, Philippines, 2015-12-9 — /EPR Retail News/ — SM malls, which now total 56 in the country, have evolved into sustainable structures that are proving to be valuable and sensible investments. In the last few years, SM malls have consciously integrated disaster risk reduction into design and operations in the midst of worsening effects of climate…
December 9, 20150Comments

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Malls Management Retail Retailer

Philippines: SM showcases its third largest mall in the country: newly opened SM Seaside City Cebu

Pasay City, Philippines, 2015-12-1 — /EPR Retail News/ — Newly opened SM Seaside City Cebu is SM’s third largest mall in the country measuring 430,000 square meters in gross floor area and is one of the Philippines’ most picturesque, showcasing not just architectural excellence but also resilience in design. Due to its proximity to the Mactan Channel, the…
December 1, 20150Comments

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Malls Management Retail Retailer

Philippines: SM Prime Holdings opens its new regional landmark, SM Seaside City Cebu

Pasay City, Philippines, 2015-11-27 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property companies in Southeast Asia, opens its new regional landmark, SM Seaside City Cebu, on November 27, 2015. It is SM Prime’s 56th mall in the country, and the third mall within Cebu - along with…
November 27, 20150Comments

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Business Management Retail Retailer

Philippines: SM Investments Corporation announced 7% growth in consolidated net income for the first nine months of the year

Pasay City, Philippines, 2015-11-04 — /EPR Retail News/ — SM Investments Corporation (SM) reported a 7% growth in consolidated net income to PHP19.4 billion for the first nine months of the year. Excluding extraordinary items, recurring net income grew 12%. Consolidated revenues grew 7% to PHP206.2 billion for the period. “Our strong results year-to-date reflect our ongoing focus…
November 4, 20150Comments

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Business Malls Management Retail Retailer

Philippines: SM Prime Holdings reports 70% surge in its consolidated net income in the first nine months of 2015

Pasay City, Philippines, 2015-11-04 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), the Philippines’ leading integrated property company, reported a 70% surge in its consolidated net income to PHP22.9 billion in the first nine months of 2015. This is inclusive of the PHP7.4 billion one-time trading gains on marketable securities booked in the…
November 4, 20150Comments

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Business Management Retail Retailer

Philippines: Now part of the SM Markets family, Cherry Foodarama Shaw and Congressional reopen their doors on Oct 13 and 15, 2015

PASAY CITY, PHILIPPINES, 2015-10-12 — /EPR Retail News/ — After months of waiting, Cherry Shaw and Cherry Congressional are finally reopening their doors on October 13 and October 15, 2015 respectively, with a renewed enthusiasm to serve. Having served as main grocery stores for residents within their areas for decades, the two Cherry stores have…
October 12, 20150Comments

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Business Management Marketing Retail Retailer

SM and BDO support the Forbes Global CEO Conference to be held for the first time in the Philippines, October 12-14, 2015

Manila, Philippines, 2015-10-7 — /EPR Retail News/ — SM Investments Corporation (SM) and BDO Unibank, Inc. (BDO) are jointly supporting the Forbes Global CEO Conference to be held for the first time in the Philippines from October 12-14, 2015. SM and BDO, represented by its Vice Chair and Chairperson respectively, Teresita Sy-Coson, will be in attendance as…
October 7, 20150Comments

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Awards Business Malls Management

Philippines: SM Prime Holdings received gold award for its first mall in China – SM City Xiamen in Fujian Province

Pasay City, Philippines, 2015-9-7 — /EPR Retail News/ — Property conglomerate SM Prime Holdings, Inc. received a prestigious gold award for SM City Xiamen, Fujian Province, its first mall in China. SM City Xiamen/SM Lifestyle Center won the Mall China Golden Mall Awards 2015 Commercial Asset Management Company Gold Award. Only eight companies were given the prestigious gold…
September 7, 20150Comments

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Entertainment Malls Management Marketing Retail Retailer Toys

Philippines: SM Group to bring the Disney brand of stories closer to Filipinos through mall, retail, entertainment and amusement opportunities

Pasay City, Philippines, 2015-9-3 — /EPR Retail News/ — Today (September 1, 2015), the SM Group announced a collaboration with The Walt Disney Company Southeast Asia to bring the Disney brand of stories closer to Filipinos through mall, retail, entertainment and amusement opportunities. The two companies aim to bring Disney, Marvel, Pixar and Star Wars brands…
September 3, 20150Comments

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Awards Business Management Retail

Philippines: SM Investments Corporation with five awards from international magazine Alpha Southeast Asia

Pasay City, Philippines, 2015-9-3 — /EPR Retail News/ — SM Investments Corporation (SM) bagged five awards from international magazine Alpha Southeast Asia. SM topped in three categories under the 5th Annual Southeast Asia’s Institutional Investor Awards for Corporates. These are Most Organised Investor Relations for the fifth year in a row; Best Senior Management Investor Relations Support;…
September 3, 20150Comments

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Financial Management Philanthropy Retail Retailer

Philippines: The Henry Sy Foundation to build new innovation center-art, science and technology lab at Miriam College in Quezon City

Quezon City, Philippines, 2015-8-5— /EPR Retail News/ — The Henry Sy Foundation will build a new innovation center-art, science and technology lab at Miriam College in Quezon City. To be named the “Henry Sy, Sr. Innovation Center”, construction will begin in September 2015 for the cylindrical building that will house the workshop rooms, fabrication  laboratories and exhibition…
August 5, 20150Comments

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Business E-Commerce Management Online Retailers Online Shopping Retail Retailer

Philippines: SM Prime Holdings poised to ride the wave of growth in the BPO sector with the expansion of EcomCenters in the Mall of Asia Complex

Pasay City, Philippines, 2015-7-27 — /EPR Retail News/ — SM Investments Corporation’s property arm, SM Prime Holdings is poised to ride the wave of growth in the Business Process Outsourcing (BPO) sector with the expansion of EcomCenters in the Mall of Asia Complex in Pasay City. The EcomCenter complex consists of OneEcom, TwoEcom and the FiveEcomCenter which…
July 27, 20150Comments

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Malls Management Retail Sports

PHILIPPINES: SM Lifestyle Entertainment, Inc., brings the country’s first ever tournament of tennis giants at the Mall of Asia Arena on November 28 to 30

Pasay City, Philippines, 2014-11-28 — /EPR Retail News/ — The countdown begins as SM Lifestyle Entertainment, Inc., the lifestyle and entertainment solutions arm of SM Prime Holdings, Inc., is set to bring the country’s first ever tournament of tennis giants at the Mall of Asia Arena on November 28 to 30. Hot on the heels of the…
November 28, 20140Comments

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Apparel Fashion Retail Retailer

H&M welcomes Filipino shoppers as it opens its first store in the Philippines

MANILA, Philippines, 2014-10-16— /EPR Retail News/ — A different kind of traffic along EDSA greeted locals bright and early on the 17th of October, as thousands queued for the grand opening of H&M’s flagship store in the Philippines. After an exciting VIP shopping party two nights prior, the much anticipated store finally opened its doors…
October 17, 20140Comments

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