SM Investments Corp. said that it will be opening 10 to 15 SM Markets in the provinces this year to provide “better access to a modern grocery shopping experience.”
With the addition of these stores, SM Markets will reach over 350 stores nationwide this year, of which over 70 percent are outside the National Capital Region (NCR).
SM Markets, the umbrella brand for SM Supermarket, SM Hypermarket and Savemore Market, is set to open three stores in the first half of the year in Mati (Davao Oriental), Marilao (Bulacan), and Naujan (Mindoro), SM Investments said.
The first half of the year saw the opening of Savemore Siniloan (Laguna), Savemore Pantukan (Davao de Oro), Savemore Hotel Supreme (Baguio), and SM Supermarket Caloocan.
To date, SM Markets has 66 Supermarkets, 54 Hypermarkets, and 223 Savemore stores. This continues the expansion of the geographical reach of SM Markets from 2023 when it opened 12 stores in various areas in the country including Iloilo, Bataan, Leyte, and General Santos. Among these new additions were two SM Cherry branches in Aklan and Rizal, further solidifying SM Markets’ presence in key areas.
Jojo Tagbo, SM Supermarket president, said the regional expansion is aligned with SM Markets commitment to reach more customers by bringing quality, affordable products and exceptional service closer to more Filipino homes.
