In celebration of its 30th anniversary, SM Supermalls recently feted its top partners to an elegant and memorable Gala Awards Night at the SMX Convention Center. Some of the country’s top retailers, food merchants, and business leaders attended the event.
The highlight of the two-day SM Partners Summit, the gala was the company’s way of thanking those who have been part of the SM Family—some since it opened its first mall in SM City North EDSA, some in later years, and some as part of a new generation of corporate leaders.
Fifty-four companies were honored in the Top Partners, Most Innovative Store Design, Green Retail and Best in Marketing categories during the Gala Night.
“Much has happened since we opened our first mall thirty years ago,” said SM Prime Holdings President Hans Sy in his keynote speech during the Retail Forum. “The retail landscape has become more global and competitive, technology has forever changed the way we live and do things, and customer tastes have changed along with the times.”
It will be remembered that SM opened its first shopping mall SM City North EDSA. Ever the visionary, SM Founder and Chairman thought of building malls in the Philippines when he saw the shopping center development in the US during his business trips abroad in the 1950s and 1960s.
Although there was a major political and economic crisis at that time, the mall was an instant success, and the rest, as they say is history.
With this, SM looks forward to the next 30 years. “All in all, we plan to develop four to five new malls in the Philippines each year with our long term goal of having 100 malls around the country,” ended Sy.