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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.
A rack jobber (also known as a rack merchandiser) is a company or trader having an agreement with a retailer to display and sell products in a store. The outlets for the products would be ones which traditionally do not stock such products such as gas stations, grocery stores, and others not traditionally associated with the products sold.
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 country's dominant player in retail with 208 stores ...
Puregold Price Club, Inc. or simply Puregold (stylized in all caps) is a chain of supermarkets in the Philippines trading goods such as consumer products (canned goods, housewares, toiletries, dry goods, and food products, among others) on a wholesale and retail basis. It currently has approximately more than 400 operating stores and over 20 ...
A business which buys goods and bulk products from importers, other wholesalers, or manufacturers, and then sells to retailers, was historically called a jobbing house (or jobbing center). A jobber is a merchant—e.g., (i) a wholesaler or (ii) reseller or (iii) independent distributor operating on consignment —who takes goods in quantity ...
SM Supermalls was pioneered by Henry Sy, a Chinese-Filipino businessman whose roots traces back to Fujian. Sy opened his first shoe store in Quiapo in 1948 and later the first store under the Shoemart (SM) name in 1958 along Carriedo. [ 1 ] In 1972, Shoemart turned into a full-line department store. [ 2 ]
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