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|Product type||Supermarket chain|
SM Supermarket is a Filipino supermarket chain owned by SM Investments and is operated through Super Value Inc. As of May 30, 2014, SM Investments operated 42 supermarkets and 98 SaveMore branches across the Philippines.
Operated by Super Value, Inc., SM Supermarket established its first store in 1985 at the Ayala Center, Makati and outside Metro Manila in Iloilo City. In 1998, SM Supermarket introduced stand-alone, independent, neighborhood supermarkets, the SaveMore Markets. Its first store is opened at Riverbanks Center in Marikina.
SaveMore Market is a chain of neighborhood grocery stores under the SM Food Retail Group (other food retail formats under SM are SM Supermarket and SM Hypermarket). These stores are located outside an SM mall in either stand-alone outlets or as an anchor tenant of a commercial center/commercial building or non-SM mall.
SM MarketPlace is the newest addition to SM Food Retail Group, which manages SM Supermarket, SM Hypermarket, and SaveMore Market. Marketplace stores are located in an existing, major non-SM Mall or a specialty SM Supermall to provide grocery needs to shoppers. On December 8, 2012, the former A-Venue Events Center was converted to SM MarketPlace.
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