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SM Quiapo (also known as SM Clearance Outlet and SM Carriedo) was the first SM store, opened on November 4, 1972. The store was owned by the Chinese-Filipino billionaire Henry Sy and it is currently being managed by SM Investments 's foundation, SM Department Store Inc. The store has been renovated and relaunched as SM Clearance Store.
His family would later return to China, with Henry staying behind to establish ShoeMart, a small Manila shoe store, in 1958. Over the decades he developed ShoeMart into SM Investments , one of the largest conglomerates in the Philippines, including 49 SM malls in the Philippines and China, 62 department stores, 56 supermarkets and over 200 ...
Wagwagan in Baguio City. An ukay-ukay ( Tagalog pronunciation: [ˌʔuːkaɪ.ˈʔuːkaɪ] oo-ky-OO-ky ), or wagwagan (Ilocano pronunciation|wɐgˈwaːgɐn}} wəg-WAH-gən) is a Philippine store where a mix of secondhand and surplus items such as clothes, bags, shoes and other accessories are sold at a more affordable price. Items commonly sold ...
SM Retail. Casamia Furniture Center, Inc. (Our Home) SM Retail Inc. is a retail holding company based in Pasay, Philippines. It is a subsidiary of the conglomerate SM Investments Corporation. [ 2][ 3] SM Retail has been a member of the International Association of Department Stores since 2009.
Payless ShoeSource Worldwide, LLC[ 3] (formerly known as Payless ShoeSource Inc. ), is an American multinational discount footwear chain. Established in 1956 by cousins Louis and Shaol Pozez, Payless was a privately held company owned by Blum Capital, and Golden Gate Capital. In 1961, it became a public company as the Volume Shoe Corporation ...
SM Investments Corporation ( SMIC ), also known as SM Group, is a Filipino conglomerate with interests in various sectors, mostly in shopping mall development and management, retail, real estate development, banking, and tourism. [ 3][ 4] Founded by Henry Sy, it has become one of the largest conglomerates in the Philippines, [ 5] being the ...
Rustan's is a Philippine chain of upmarket department stores owned by the Rustan Group of Companies (RGOC). Rustan's Department Store is the flagship brand of the Rustan Group of Companies and has five major branches, three boutiques and an online shopping store rustans.com. Rustan's Department Store is considered the Philippines most prestigious retailer, carrying many of the world's most ...
SM Store at SM Mall of Asia. The SM Store is the department store chain of SM Supermalls. The first outlet was established in 1972 along Carriedo in Quiapo, Manila, when Shoemart store was converted into a full-fledged department store. [2] It was renamed as the SM Department Store in 1975 [66] prior to being rebranded as "SM Store". The SM ...
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