SM Supermalls to Open 4 New Malls as Foot Traffic Hits 1.4 Billion
Retail giant SM Supermalls is set to open four new shopping centers this year, underscoring robust consumer demand and continued confidence in brick-and-mortar retail.
According to the company, the upcoming openings will be outside Metro Manila, with new malls planned in Zamboanga City (Mindanao), Tagum City (Davao del Norte), General Trias (Cavite, Southern Luzon), and Santa Rosa (Laguna, Southern Luzon) — expanding SM’s footprint in key provincial markets.
This push accompanies a projected 1.4 billion foot traffic for 2025, a testament to steady shopper engagement across its nationwide network.
The planned expansions are expected to generate jobs and attract new retail partners, reinforcing SM’s leadership in Philippine retail amid evolving consumer preferences.
source: BusinessWorld & Daily Tribune
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