SM Quiapo

SM Quiapo
SM Quiapo logo

The establishment in 2016
Location Carlos Palanca Street, Quiapo, Manila, Philippines
Opening date 1958 (as Shoemart)
Management SM Group of Companies
Owner Henry Sy, Sr.
No. of anchor tenants 1
No. of floors 4

SM Quiapo (also known as SM Clearance Outlet and SM Carriedo) is the very first SM Store opened in November 1972. The store is owned by Chinese-Filipino billionaire Henry Sy and currently being managed by the SM Group's foundation, SM Department Store Inc. The store has been renovated and relaunched as SM Clearance Store.

History

Henry Sy established shoe stores in Manila which were Plaza, Paris and Park Avenue which started with letter "P" prior to establishing the store that would be known as SM Quiapo. In 1958, he established a shoe store in Carriedo, Manila, which he named Shoemart after he was not able to come up with a name starting in "P".[1]

The store was later expanded and began to sell clothes and accessories aside from just shoes. In 1972, Shoemart was expanded and became the first SM Department Store.[1]

See also

References

  1. 1 2 Zulueta, Lito (4 November 2007). "Samso mural hails 70-year frienship with Henry Sy". Philippine Daily Inquirer. pp. A1, A19. Retrieved 6 February 2016.

Coordinates: 14°35′55.09″N 120°58′54.60″E / 14.5986361°N 120.9818333°E / 14.5986361; 120.9818333

This article is issued from Wikipedia - version of the 7/27/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.