{"id":43880,"date":"2015-03-02T16:08:02","date_gmt":"2015-03-02T08:08:02","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=43880"},"modified":"2015-03-02T16:56:54","modified_gmt":"2015-03-02T08:56:54","slug":"sm-retail-inc-to-invest-over-p1-b-in-savemore-expansion","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2015\/03\/02\/sm-retail-inc-to-invest-over-p1-b-in-savemore-expansion\/","title":{"rendered":"SM Retail Inc. to invest over P1-B in Savemore expansion"},"content":{"rendered":"<p><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2015\/03\/sm-savemore-.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-43881\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2015\/03\/sm-savemore--1024x512.jpg\" alt=\"sm-savemore-\" width=\"604\" height=\"302\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2015\/03\/sm-savemore--1024x512.jpg 1024w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2015\/03\/sm-savemore--300x150.jpg 300w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2015\/03\/sm-savemore--900x450.jpg 900w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2015\/03\/sm-savemore-.jpg 1600w\" sizes=\"auto, (max-width: 604px) 100vw, 604px\" \/><\/a><\/p>\n<p>MANILA, Philippines &#8211; SM Retail Inc. announced that it will be putting in over P1-billion in 2015 towards opening more Savemore supermarkets throughout the Philippines.<\/p>\n<p>The mall and banking arm of business mogul Henry Sy\u2019s SM Group said that it is eyeing 20 new Savemore outlets this year, to add to its 100 existing stores.<\/p>\n<p>\u201cLast year we opened 20, so this year perhaps (we\u2019ll open) around that figure also,\u201d SM Supermarkets president Joey C. Mendoza said.<\/p>\n<p>\u201cOur Savemore is expanding aggressively. We\u2019re now over 100 stores so that\u2019s good. And we\u2019re expanding our reach because of the positive reception,\u201d he added.<\/p>\n<p>Aside from Savemore, SM Retail Inc. has SM Supermarket and SM Hypermarket as its stores in supermarket format.<\/p>\n<p>Combining the outlets of Savemore, SM Supermarket and SM Hypermarket, SM Retail Inc. is pushing the 200-store mark for the supermarket format.<\/p>\n<p>\u201cWe will reach 200 stores very soon, I think by three more stores,\u201d said Mendoza of this highly-anticipated milestone for the retail giant.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA, Philippines &#8211; SM Retail Inc. announced that it will be putting in over P1-billion in 2015 towards opening more &hellip;<\/p>\n","protected":false},"author":44,"featured_media":43881,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1482,19],"tags":[],"class_list":["post-43880","post","type-post","status-publish","format-standard","has-post-thumbnail","category-breaking","category-business","mauthors-angie-duarte","mauthors-philippine-canadian-inquirer"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/43880","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=43880"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/43880\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/43881"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=43880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=43880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=43880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}