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SM focuses on expansion to serve more regions

Retrieved on: 
星期五, 四月 26, 2024

PASAY CITY, Philippines, April 26, 2024 /PRNewswire/ -- The SM group continues to expand its presence nationwide to serve more Filipinos and communities.

Key Points: 
  • PASAY CITY, Philippines, April 26, 2024 /PRNewswire/ -- The SM group continues to expand its presence nationwide to serve more Filipinos and communities.
  • We have a young, dynamic, higher-earning population who will help support and drive economic activity," said SM Investments Corporation President and Chief Executive Officer Frederic C. DyBuncio.
  • SM Prime Holdings, Inc. is opening four new malls, one in Metro Manila and three in the provincial areas in 2024.
  • Alfamart, SM's minimart grocery format, is set to increase its store expansion by at least 400 stores in 2024.

SM focuses on expansion to serve more regions

Retrieved on: 
星期五, 四月 26, 2024

PASAY CITY, Philippines, April 26, 2024 /PRNewswire/ -- The SM group continues to expand its presence nationwide to serve more Filipinos and communities.

Key Points: 
  • PASAY CITY, Philippines, April 26, 2024 /PRNewswire/ -- The SM group continues to expand its presence nationwide to serve more Filipinos and communities.
  • We have a young, dynamic, higher-earning population who will help support and drive economic activity," said SM Investments Corporation President and Chief Executive Officer Frederic C. DyBuncio.
  • SM Prime Holdings, Inc. is opening four new malls, one in Metro Manila and three in the provincial areas in 2024.
  • Alfamart, SM's minimart grocery format, is set to increase its store expansion by at least 400 stores in 2024.

Regional areas and key sectors, bright spots for SM's continued growth

Retrieved on: 
星期一, 三月 25, 2024

SM will continue to concentrate its efforts on identifying opportunities in various regional markets for its core businesses and portfolio investments.

Key Points: 
  • SM will continue to concentrate its efforts on identifying opportunities in various regional markets for its core businesses and portfolio investments.
  • Recognizing the potential for growth outside the National Capital Region, the conglomerate aims to stimulate local economies and contribute to the development of many underserved regions in the country.
  • "We view the regions as a bright spot for growth with the diverse products and services that we offer to consumers.
  • Airspeed is taking strategic steps to position its Cebu warehouse as a central point for its future growth.

Regional areas and key sectors, bright spots for SM's continued growth

Retrieved on: 
星期一, 三月 25, 2024

SM will continue to concentrate its efforts on identifying opportunities in various regional markets for its core businesses and portfolio investments.

Key Points: 
  • SM will continue to concentrate its efforts on identifying opportunities in various regional markets for its core businesses and portfolio investments.
  • Recognizing the potential for growth outside the National Capital Region, the conglomerate aims to stimulate local economies and contribute to the development of many underserved regions in the country.
  • "We view the regions as a bright spot for growth with the diverse products and services that we offer to consumers.
  • Airspeed is taking strategic steps to position its Cebu warehouse as a central point for its future growth.

SM: Still plenty of room for growth in 2024

Retrieved on: 
星期三, 一月 31, 2024

PASAY CITY, Philippines, Jan. 31, 2024 /PRNewswire/ -- SM Investments Corporation, one of the country's leading conglomerates, says there is still room for growth with the Philippines consistently showing consumer growth.

Key Points: 
  • PASAY CITY, Philippines, Jan. 31, 2024 /PRNewswire/ -- SM Investments Corporation, one of the country's leading conglomerates, says there is still room for growth with the Philippines consistently showing consumer growth.
  • Discretionary spending in key categories such as fashion, food and beverage as well as entertainment, among others, is buoying consumption activity.
  • Substantial remittances from Overseas Filipino Workers (OFWs) are also supporting the consumption story of the Philippines.
  • Adding fuel to consumption growth is BPO expansion and improving unemployment numbers.

SM: Still plenty of room for growth in 2024

Retrieved on: 
星期三, 一月 31, 2024

PASAY CITY, Philippines, Jan. 31, 2024 /PRNewswire/ -- SM Investments Corporation, one of the country's leading conglomerates, says there is still room for growth with the Philippines consistently showing consumer growth.

Key Points: 
  • PASAY CITY, Philippines, Jan. 31, 2024 /PRNewswire/ -- SM Investments Corporation, one of the country's leading conglomerates, says there is still room for growth with the Philippines consistently showing consumer growth.
  • Discretionary spending in key categories such as fashion, food and beverage as well as entertainment, among others, is buoying consumption activity.
  • Substantial remittances from Overseas Filipino Workers (OFWs) are also supporting the consumption story of the Philippines.
  • Adding fuel to consumption growth is BPO expansion and improving unemployment numbers.

Fueled by growth and expansion, SM supports MSME communities

Retrieved on: 
星期五, 十二月 23, 2022

PASAY CITY, Philippines, Dec. 23, 2022 /PRNewswire/ -- SM is looking forward to working with communities especially during tough times to sustain and support growth and recovery.

Key Points: 
  • PASAY CITY, Philippines, Dec. 23, 2022 /PRNewswire/ -- SM is looking forward to working with communities especially during tough times to sustain and support growth and recovery.
  • "As we expand, we are mindful about how this brings meaningful support to communities," SM Investments Corporation President and Chief Executive Officer Frederic C. DyBuncio said.
  • SM acts as a marketplace to over 90,000 MSMEs partners, playing the big brother role and helping them navigate mainstream retailing.
  • Despite economic and geopolitical headwinds, SM is keen on pursuing growth and expansion in 2023 to provide vital support to the economy that will reach more communities.