SM Investments Corp. eyes to end 2022 with 1,400 Alfamart stores from 1,300 currently.
Alfamart, which marks its 8th year this year, “continues to play a big role in community development by being the provider of daily essentials that neighborhoods could count on and by supporting local entrepreneurs,” SM Investments said.
“Our dream for every Alfamart store is to help the local community through employment and also creating opportunities for the local MSMEs (micro, small and medium enterprises),” said Harvey Ong, Alfamart chief operating officer.
Ong said Alfamart opened more than 500 new stores in the past two years since the pandemic started in 2020.
“This health crisis reinforced our role and responsibilities to the communities. Throughout the tightest of lockdowns, we decided to remain open and continued with our expansion. As a result, we created income opportunities for the landlords that own space and contractors that build the stores. In this manner, Alfamart’s expansion has created over 4,000 jobs over the last two years,” Ong said.
Alfamart actively looks for sites in terminals and residential communities.
Ong said through partnerships with local property owners, Alfamart hopes to open more Super Minimarts in communities across Luzon.
