Reaping Sixty Years of World-Class Filipino Shopping

LIFESTYLE | May 28, 2018

SM City Telabastagan
SM City Telabastagan (Image Source: iOrbitNews)
SM Prime Holdings Inc. recently opened its newest shopping mall, SM City Telabastagan in San Fernando, Pampanga, which was immediately welcomed by residents, local government officials, and tourists. With the opening of its fourth in the said province and 70th in the Philippines, I couldn't stop wondering of how far will SM Supermalls go in delivering its own brand of world-class shopping experience to the Filipino masses. Well, to my surprise, it is within my own accord to learn that this year marks the 60th anniversary celebration of the SM brand in the Philippines. 

SM's six-decade long success story has been an impressive one for many of us who have learned all about it, and who would have thought that it all started as just a shoe store opened in the 1950s by a Filipino-Chinese businessman by the name of Henry Sy? His legacy has been synonymous to local business communities for generations with many consider it as an inspiration to their own success. The progress of Sy's chain of shoe stores in the 1950s and 1960s would pave the way for SM to open its own sleuth of department stores.

Then, in the midst of a growing economic and political crisis, Henry Sy Sr. led SM to the opening of what is now known as the country's first ever shopping mall in 1985, SM City North EDSA, which eventually marked the start of the shopping phenomenon that has changed the way Filipinos live in today's modern world. More than 30 years later, there are 70 SM Supermalls in different parts of the country. Six of them would be recognized as some of the largest shopping malls in the world today based on studies and in terms of gross area. The continuing success of SM Supermalls would push the brand to open new ventures that can complement to its strong traction such as banking, real estate developments and public service.

SM 60th Anniversary Kickoff
(Image Source: SM Supermalls/ExpatPhilippines.ph)
SM Supermalls has officially kicked off its 60th year anniversary celebration with the official lighting of the iconic globe at the SM Mall of Asia, and this is just the start of a long road ahead for the ongoing affair. From May to October, every SM Supermall in the country is slated to have its own way of making the celebration enjoyable and even worth celebrating. With that in mind, we should wait and see what's coming in an SM Supermall near you as we join in on celebrating one of the most memorable moments happening in our country today. Happy 60th anniversary, SM!!

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