An elderly man wearing a protective mask rides an escalator inside an empty shopping centre in Quezon City, Manila in May during a lockdown. Photo: AP

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Philippine mall titan accelerates shift to ‘omni-channel’ sales to replicate success in China-style retailing approach

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Sales of tenants in SM’s malls will be back to 2019’s level by the third quarter of next year, a top executive predicts

SM has 75 shopping centres in the Philippines and eight in China, and plans to add five more in 2021

Retailing

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Bloomberg

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Published: 8:56pm, 15 Nov, 2020

Updated: 10:41pm, 15 Nov, 2020

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Philippine mall titan accelerates shift to ‘omni-channel’ sales to replicate success in China-style retailing approach

Sales of tenants in SM’s malls will be back to 2019’s level by the third quarter of next year, a top executive predicts SM has 75 shopping centres in the Philippines and eight in China, and plans to add five more in 2021

Sales of tenants in SM’s malls will be back to 2019’s level by the third quarter of next year, a top executive predicts

SM has 75 shopping centres in the Philippines and eight in China, and plans to add five more in 2021