Find out about the retailer's strategic priorities, commercial focus areas, channel and country presence.

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This guide to Philippines explores the key trends in grocery retail, the outlook for the country’s differing channels over the five year forecast period and the growth strategies of its leading retailers.

SM Retail is the market leading grocery retailer in the Philippines, we review its strategic priorities and growth prospects over the next five years.

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SM Retail in the Philippines has reported retail revenues for H1 down 18% to PHP139.2bn (US$2.84bn), with strong performance in food, offset by heavily impacted non-food revenues due to COVID-19.

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SM Retail's JV with Walter Mart has focused its attension on expanding its presence in Metro Manila and Luzon over the past year. Retailer remains focused on Greater Luzon The retailer who set up a joint venture with the Philippines market leading grocer SM Retail in 2013 has announced that it has grown its store network by six stores over the past year. The retailer has no plans currently ...
SM Markets has taken the step to open 29 stores round the clock, in order to capitalise on the busy Christmas shopping season. Extended openings across all large format banners The strategy was initiated at its SM Hypermarket at the Mall of Asia in Manila on 8 December, with the store now open 24 hours a day (excluding 24-25 December) until 30 December. Between 16-30 December a whole hosts ...
Indonesian convenience store chain Alfamart opened more than 200 new stores in the Philippines in 2019. Store network reaching 714 Since opening its first store in 2014 in the Philippines, Alfamart had more than 500 stores by end of 2018, operated by its local partner SM Retail. With the opening of the 714 th store in October this year, the retailer had more than 200 new stores opened in 2...
The Philippines’ SM Investments has announced 2019 H1 results, achieving 14% year-on-year growth in the first half year, its retail business up by 13%. Retail revenue reaching PHP169.8bn The group’s retail business, SM Retail, saw revenues up by 13% to PHP169.8bn and net income reached PHP5.7bn. Excluding the adjustments due to the adoption of Philippine Financial Reporting Standards (PFRS)...

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