SM Retail expanding store network

SM Retail Inc., the department and food stores operator of SM Investments Corp., further expanded in Southern Philippines with the opening of Savemore Market General Santos. SM is present in the city also through its mall, SM City General Santos, which opened in 2012.

The new Savemore Market is the 94th store in the country. It is located along Nunez St., Purok Malakas, Barangay San Isidro. In Southern Philippines, SM operates 39 Hypermarkets, 94 Savemore stores and 39 SM Supermarkets.

“We continue to expand aggressively in key areas of the country, taking into consideration the steady population growth and shifting preferences of the market,” Savemore Market president Jojo Tagbo said.

SM Food Retail has three store formats, SM Supermarket, SM Hypermarket and Savemore that offer products and services that focus on quality, affordability and convenience. Savemore is SM’s fast expanding vehicle to introduce organized retail in areas where there is either a limited offer of products or none at all. It offers quick and convenient shopping, complete basic merchandise and a wide array of services.  Savemore also offers SM Bonus items that give great value as well as various promos and discounts like Buy One Get One, SWIPE, Valuepack and Yellow Tag.

The services it offers such as bills payment, Western Union money transfer and a Watsons pharmacy emphasize Savemore as a one-stop-shop destination.