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SM Prime Opens Tuguegarao Mall

Posted: October 12, 2017

Source: The Philippine Star By Iris Gonzales


MANILA, Philippines — SM Prime Holdings Inc. continues to expand its footprint nationwide.


The company opened its newest mall, SM Center Tuguegarao Downtown yesterday, making it the first SM mall in the Cagayan Valley Region.


The mall, which will provide an additional 37,000 square meters (sqm) in gross floor area, brings total GFA to eight million sqm in the Philippines.


SM Prime president Jeffrey Lim said the mall is expected to contribute further to the development of the province of Cagayan Valley.


“The opening of SM Center Tuguegarao Downtown will provide SM Prime a sturdier foothold in the northeastern part of the Philippines, along with our other mall in the region, SM City Cauayan in Isabela. We are very excited on how this new mall will give a unique shopping experience to this urbanized city in northern Luzon and how it will contribute further to the development of the Province of Cagayan Valley,” Lim said.


The mall, which will have anchor tenants such as SM Hypermarket, ACE Hardware, Surplus, Watsons, Miniso, Simply Shoes and BDO, is strategically located at the corner of Luna and Mabini Streets, which are main thoroughfares in the city.


It is set to open with 90 percent of its space lease-awarded to a number of favored household brands, Lim said.


This year, SM Prime has already launched SM City Puerto Princesa in Palawan, SM CDO Downtown Premier in Cagayan de Oro, S Maison at Conrad Manila in Pasay City and SM Cherry Antipolo in Rizal.


SM Prime remains committed to its role as a catalyst for economic growth, delivering innovative and sustainable lifestyle cities, thereby enriching the quality of life of millions of people.


The company now has 65 shopping malls in the Philippines and seven in China with a GFA of 7.9 million sqm and 1.3 million sqm, respectively.


In the first half of the year, SM Prime recorded a 14 percent growth in net income to P14.39 billion as revenues rose 10 percent to P43.25 billion.


Mall revenues, which contributed 60 percent of SM Prime’s consolidated revenues, increased by 10 percent.


Read more: SM in the News


What's new in SM Supermalls?

SM China wins 4 Mall China Golden Mall Awards

Posted: Monday, October 02, 2017

1 mallinchina2017-1


Mall China 2017 Golden Mall Awards. SM China bagged four wins in the Mall China 2017 Golden Mall Awards for SM City Xiamen, SM Lifestyle Center, SM City Tianjin, and SM City Chengdu at the recently concluded awarding ceremonies on September 20, held at the Marriott Financial Centre, Chengdu in China. SM City Xiamen won the Mall China Golden Mall Awards 2017 City Advancement Award. SM Lifestyle Center was given the Mall China Golden Awards 2017 Marketing Award for its Paper Art event. While SM City Tianjin received the Mall China Golden Mall Awards 2017 Commercial Plan Innovation, SM City Chengdu bagged the Mall China Community Shopping Center Awards 2017 Key Study and Demonstration Project. The awards were received by SM Supermalls Senior Vice President Steven T. Tan (2nd from right).


Read more: What's new in SM Supermalls?


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      As the leading chain of supermalls in the country, SM Supermalls is at the forefront of delivering world-class retail shopping, entertainment, and dining experience to Filipinos. More than that, it seeks to provide a variety of rewarding and exciting career and training opportunities that will enrich your perspectives, ensure your continuous growth, and enable you to achieve success as a professional.

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At the Forefront

SM Supermalls Service Awardee


SM Life in 5 Years

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Mall Nurse – SM City Taytay

5-Year Service Awardee

I am working in SM Supermalls because of its good working environment, the continuous learning experience it offers and its proximity to my home. This company has made me a better person because my exposure led me to hone my interpersonal communication, improve my customer service and render respect to other people’s ideas and beliefs.

In my 5-year tenure, my most memorable experience was when I received a commendation from Mr. Hans T. Sy in view of full support/assistance provided to a customer who was injured.

To be part of this institution is one of my proudest moments and being able to stay for five years is one of my greatest achievements.

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