Submitted by: Submitted by angelmallari
Views: 172
Words: 4072
Pages: 17
Category: Societal Issues
Date Submitted: 10/29/2013 09:58 AM
SM CORPORATE DIRECTION
For the past 40 years, SM has been committed to providing quality products and services at reasonable prices and to meeting the ever-changing needs of the customers in a responsive manner.
It is our corporate objective to:
• maintain leadership in the marketplace
• maintain our recognition as an authority in the retail field
• be the forefront of retail technology
• grow through aggressive consumer marketing and sound diversification and acquisition
As a responsible member of the business community, SM will strive to play a meaningful part in the lives of our customers, our communities and our employees.
We commit ourselves and pledge our resources to the continued quest for excellence in an increasingly competitive and ever- changing environment.
SM HISTORY
The growth of SM:
1958 : Rizal Avenue, as the first branch 1979 : Iloilo, Delgado
1960 : Carriedo 1980 : Cubao
1962 : Makati 1984 : Harrison
1964 : Tabora, Divisoria 1985 : North Edsa, first mall-based branch
1965 : Cebu, as the first provincial branch
1967 : Cubao
1972 : Quiapo, first soft- goods branch
1975 : Makati , first full- line branch
SM Franchise Branches
1990 : Sta. Mesa
1991 : Ortigas
1993 : Cebu
1995 : Las Piñas
1997 : Bacoor and Fairview
1999 : Iloilo, Mandurriao
2000 : Manila and Pampanga
SM GROUP OF COMPANIES
A. Realty Management
1. BDO
2. BDO Insurance
3. SM Insurance Broker Service, Inc.
4. SM Prime Holdings, Inc.
B. Financial Management
1. Multi-Realty Development Corporation
2. Inetr-Cont’l. Dev’t. Corp.
3. SM Dev’t. Corp.
C. Principal Operations
1. SM Inc. Department Store
2. Franchise Companies
D. Shopping Center
1. Shopping Center Management Corporation ( SCMC )
2. Leisure Center, Inc. ( LCI )
3. Family Entertainment Center, Inc. ( FECI )
RETAIL SUBSIDIARIES
Hardware...