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The SM Store is the department store chain of SM Supermalls. The first outlet was established in 1972 along Carriedo in Quiapo, Manila, when Shoemart store was converted into a full-fledged department store. [2] It was renamed as the SM Department Store in 1975 [66] prior to being rebranded as "SM Store". The SM Store would become one of SM ...
SM Retail has ownership over SM Supermarket, SM Hypermarket and Savemore chains which would later be called collectively as SM Markets. [8] [1] It also owns SM Store department stores and food retail stores under Walter Mart and Alfamart (joint venture between SM and the Indonesian-based mini-mart/convenience store chain for Philippine franchise).
Hypermarket. A hypermarket or superstore is a big-box store combining a supermarket and a department store. [1] The result is an expansive retail facility carrying a wide range of products under one roof, including full grocery lines and general merchandise. In theory, hypermarkets allow customers to satisfy all their routine shopping needs in ...
This is the highest percentage of major retail outlets such as department stores, supermarkets and convenience stores. [ 2 ] South Korea's three largest hypermarkets (E-mart, Lotte Mart and Homeplus) had 395 stores in 2013; E-Mart had 148 stores (37.5 percent), Homeplus had 139 (35.2 percent), and Lotte Mart had 108 (27.3 percent).
Retail format. The retail format (also known as the retail formula) influences the consumer's store choice and addresses the consumer's expectations. At its most basic level, a retail format is a simple marketplace, that is; a location where goods and services are exchanged. In some parts of the world, the retail sector is still dominated by ...
Department store. A department store is a retail establishment offering a wide range of consumer goods in different areas of the store, each area ("department") specializing in a product category. In modern major cities, the department store made a dramatic appearance in the middle of the 19th century, and permanently reshaped shopping habits ...
The largest hypermarket in France is the Carrefour store in Villiers-en-Bière, Seine-et-Marne (77) in the Île-de-France region, with an area of 25 000 m 2. [41] E.Leclerc opened its first hypermarket store in 1964 in Landerneau, near Brest, and is now the dominant hypermarket chain in France, with 489 hypermarkets. [42]
The suburban shopping center concept evolved further with larger open-air shopping centers anchored by major department stores. The first was a center in Ardmore, Pennsylvania later named Suburban Square, when the Philadelphia department store Strawbridge & Clothier opened a four-story, 50,000 sq ft (4,600 m 2) [45] branch there on May 12, 1930.