SM Markets, a part of the SM Group, plans to open 10 to 15 new stores this year in the provinces, expanding its store network to over 350, with seven in every 10 located outside the National Capital Region.
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.
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 in addition to the four opened earlier this year. The four that opened their doors to consumers earlier this year were Savemore in Siniloan, Laguna; Savemore in Pantukan, Davao de Oro; Savemore Hotel Supreme in Baguio City; and SM Supermarket Caloocan City.
“Service is at the heart of everything we do. As we grow, we see an opportunity to enhance lives by providing quality food and excellent service across the nation. From fresh produce to pantry staples and discoveries, we aim to ensure families have access to their daily essentials,” SM Supermarket president Jojo Tagbo said.
SM Markets operates 66 Supermarkets, 54 Hypermarkets, and 223 Savemore stores. It opened 12 stores in 2023 n various areas in the country including Iloilo, Bataan, Leyte, and General Santos.
The three brands within SM Markets—SM Supermarket, SM Hypermarket, and Savemore—cater to distinct Filipino needs. SM Supermarket offers a diverse range of food items within SM malls, while SM Hypermarket combines the convenience of a supermarket and a department store. Savemore, on the other hand, provides convenient grocery essentials for all, being readily accessible to communities nationwide.
