SM Group Of Companies

SM Group Of Companies

Infobox Company
name = SM Group Of Companies
founded = 1994
company_
type = Public
foundation = flagicon|PHL Manila, Philippines (1994)
location = SM Central Business Park, Mall of Asia Complex, Pasay City, Metro Manila, Philippines
founder = Sy Family
key_people = Henry Sy, Sr.Hans Sy
industry = Retail, shopping mall operations, banking & corporate governance
subsid = Star Appliance Center; Surplus Shop; Sports Central; Baby & Co.; Home World; Our Home
slogan = "We've got it all for you" (Supermalls and Department Stores)
"Always there for you and me!" (SM Supermarkets)
homepage = [http://www.smprime.com smprime.com]

SM Group Of Companies or SM Group is the group company of SM in terms of industry leading, retail merchandising, shopping mall operations, banking & corporate governance. It explores and strengthens through vision, innovation and value. The Group was founded by Henry Sy, Sr., Founder, Chairman & CEO of SM. Now SM Group now has become one of the largest groups in the country today. Recently, SM Group now opens it's door as it holding company, SM Investments Corporation, inaugurated in 2005 and now holds one of the highest Philippine Stock Exchange in the country today.

History of SM

By 1948, The first company, Shoemart (also known as SM), started out as an ordinary shoe store located in Carriedo, Manila. Shoemart was the largest shoe manufacturers headed by Henry Sy. By that time, he tried to focus on planning ang buying big supplies of shoes in the U.S. but then his plans begans to accelerate as he transforms his ordinary shoe shore into a fully-air conditioned department store. His second company, SM Department Store Inc. was an extreme success. Building SM Department Store branches inside and outside metro manila was a hard work for Henry Sy. After that, Sy made a mergeance with his business partner, Mercado. That made the Shoemart sign as Sy-Mercado (SM). Then he tried to focus on shopping malls & supermarkets as Henry Sy bought a lot in 1978 located at the northern end of EDSA in Quezon City. As he made his first mall, SM City North EDSA, by 1994, made 2 companies, SM Prime Holdings and SM Supermarket Inc. By 1995, The SM Group of Companies was inaugurated to the public by focusing on industry leading, retail merchandising, shopping mall operations, banking, Philippine Stock Exchange, financial services & corporate governance.

Major Holding Companies

SM Investments Corporation

SM Investments is the holding company of the SM Group. Publicly listed in 2005, it is today one of the Philippines' biggest conglomerates, occupying a dominant position in most of its lines of business, namely, shopping malls; retail merchandising; banking and finance. It has now become the largest IPO in the Philippine stock exchange history.

Retail, Merchandising & Shopping

SM Prime Holdings

SM Prime is the parent company of the SM Group's shopping malls. It is the largest shopping mall and retail operator in the Philippines. It was incorporated on 6 January 1994 by Filipino-Chinese entrepreneur Henry Sy to develop, conduct, operate and maintain the SM commercial shopping centers and all businesses related thereto, such as the lease of commercial spaces within the compound of shopping centers. It later went public on 5 July 1994 and subsequently grew to become the largest company listed on the Philippine Stock Exchange in terms of revenue.The Company's main sources of revenues include rental income from mall and food courts, cinema ticket sales and amusement income from bowling and ice-skating. Currently the company holds 30 existing malls and 14 proposed under construction. Other existing malls including SM City North EDSA, the country first SM Supermall, SM Megamall and other existing malls are currently undergoing expansion.

SM Department Store

SM Department Store is the foundation of SM and the country's leading one-stop lifestyle and fashion chain. For many decades now, and for countless shoppers, it offers the widest array of quality products at affordable prices, truly the epitome of "value for money" shopping. SM Department Store has serve Philippine shoppers for 50 years becoming the only country who has more than 100 department stores. SM now holds more than 50 SM Department Stores nationwide.

SM Supermarket

SM Supermarket is the country's top supermarket chain. With an extensive, nation-wide presence and employing state of the art retailing technology, it offers both food and non-food products, with much emphasis on quality, convenience, and affordability.

SM Hypermarket

SM Hypermarket is an innovative, rapidly-growing retail chain, offering unbeatable convenience through its targeted balance of wet market, grocery, general merchandise, and discount products, all under one roof.

Banking & Finance

Banco De Oro

Banco De Oro is among the country's top five banks in terms of resources. It is a full-service universal bank providing a wide range of corporate, commercial, retail, and investment banking services through its 634 branches in key business and commercial areas, nationwide. It has now the no. 1 bank in the country.

Chinabank

Chinabank is the first privately-owned local commercial bank in the Philippines. It was incorporated and started operations in 1920 and went public in 1965. Now a universal bank, it provides, among others, deposits and related services; international banking services; insurance products; loans and credit facilities; and trust and investment services.

Property

SM Development Corporation

SM Development is a fast-growing residential property developer focusing on the premium middle market, expertly balancing key housing factors of quality, style, durability, and affordability.

Highlands Prime, Inc

Highlands Prime is the leading high-end residential developer within Tagaytay Highlands, an exclusive, world-class mountainside resort and residential complex.

Taal Vista Hotel

Taal Vista Hotel is a landmark hotel in Tagaytay City, offering gracious amenities that seamlessly blend with natural wonders such as the breathtaking view of pristine and scenic Taal Lake and Volcano.

Mall of Asia Complex

The Mall of Asia Complex is an alternative business and tourism district, and is the home of the world's third largest mall, the SM Mall of Asia. Mall of Asia Complex occupies 60 hectares of prime land along the coast of scenic Manila Bay, offering choice locations for business, tourism, retail, and leisure projects.

Hamilo Coast

Hamilo Coast is a unique large-scale ecotourism project to develop in phases 5,700 hectares of land by the sea in Nasugbu, Batangas into an innovative, integrated network of coastal resort communities.

Corporate Social Responsibility

SM Foundation, Inc.

SM Foundation is the corporate social responsibility arm of the SM Group. It focuses on four major programs and areas of advocacy, namely, education; religious; outreach; and health.

Minor Anchor Companies

Toy Kingdom

Toy Kingdom is the country's largest toy store chain. It is owned by Shoemart Inc. and International Toyworld Inc., the toy corporation of SM. Now SM holds more than 20 Toy Kingdom branches filled with a variety of good quality toys, gizmos, gadgets and other greatness that kids will usually loved. The first branch opened in SM Megamall in 1991. Toy Kingdom now has become one of the greatest toy stores.


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