SM Investments Corporation (SM) has announced the merger of Sy family-owned specialty stores into SM Retail Inc. which will make the business larger and more diverse to serve millions of Filipino customers.
The related companies operate leading local retail chains including Ace Hardware, SM Appliances, Homeworld, Our Home, Toy Kingdom, Watsons, Kultura, Baby Company, Sports Central, Pet Express and other specialty stores. Together they operate over 1,300 outlets.
The combined entity will have a diverse portfolio of food, household appliances, DIY, furniture, apparel, footwear, pharmaceuticals/cosmetics and specialty retailing stores.
Find out more about these stores: