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
Public transit access Metro interchange  LRT1  Carriedo

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). "Sanso mural hails 70-year friendship 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. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.