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SM Seaside City in Cebu City. This is a list of notable shopping malls in the Philippines.The retail industry in the Philippines is an important contributor to the national economy as it accounts for approximately 15% of the country's total Gross National Product (GNP) and 33% of the entire services sector.
Shopping malls play an important role in the Philippine economy.Major Philippine mall chains include SM Supermalls, which has over 43 shopping malls around the country, and Ayala Malls, which has 14 shopping malls nationwide.
Prior to the Pacific War, Escolta Street was also home to the city's first standalone department stores, including H.E. Heacock, until then the largest department store in the Philippines, opening in 1900, and the Aguinaldo Department Store, the most premium store in the Philippines opening in 1921. Other notable stores in the 1920s and 1930s ...
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This article lists the largest shopping malls in the Philippines by gross floor area. SM Prime Holdings is the largest shopping retail operator in the Philippines with 78 operating malls totaling a gross floor area of 4.5 million square meters nationwide. [1]
S&R Membership Shopping was established in 2001 as S&R PriceSmart, a franchise of the American membership-only warehouse club chain PriceSmart. [1] [2] The name "S&R" stands for American businessmen Sol and Robert Price, founders of Price Club and PriceSmart. [1]