|
SM Store
SM Retail Inc. is a retail holding company based in Pasay, Philippines. It is a subsidiary of the conglomerate SM Investments Corporation. SM Retail has been a member of the International Association of Department Stores since 2009. History The company was founded by Henry Sy, Sr. on January 15, 1960. Initially, he named his business Shoemart and focused on buying large supplies of shoes from the United States. His business grew until he was able to open a department store. He named his second company SM Department Store Inc. In 2006, the board of directors of the SM Investments Corporation announced that it will undergo a corporate restructuring. Under the restructuring, two companies were established: SM Retail Inc. and SM Land Inc. The SM Supermarket, SM Hypermarket, and SM Department Store (now SM Store) retail chains were placed under the ownership of SM Retail while SM Land Inc. is responsible for managing the real estate assets of the parent corporation. SM Prime Holdin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ace Hardware
Ace Hardware Corporation is an American hardware retailers' cooperative based in Oak Brook, Illinois, United States. It is the largest non-grocery retail cooperative in the United States. Founded on October 25, 1924, as "Ace Stores", the company changed its name to "Ace Hardware Corporation" in 1931. It grew dramatically following World War II, more than tripling its sales between the late 1940s and 1959. After the retirement of longtime president and founder Richard Hesse in 1973, Ace was sold to its retailers, becoming a retailer-owned cooperative. It first reached $1 billion in wholesale sales in 1985 and $5 billion in 2015. , it has over 5,200 locations in 60 countries. Ace operates 17 distribution centers in the United States, and additional distribution facilities in China, Panama, and the United Arab Emirates. History In 1924, to increase buying power and profits, entrepreneurs Richard Hesse, E. Gunnard Lindquist, Frank Burke, and Oscar Fisher united their C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Holding Companies Of The Philippines
Holding may refer to: Film and television * ''The Holding'' (film), 2011 British film * "Holding", an episode of the American animated television series ''Beavis and Butt-Head'' * ''Holding'' (TV series), a 2022 TV series based on the book by Graham Norton * '' The Miroslav Holding Co.'', 2001 Croatian film, also released as ''Holding'' Other uses * Holding an object with the hands, or grasping * ''Holding'', a novel by Graham Norton * Holding (aeronautics), a manoeuvre in aviation * Holding (American football), a common penalty in American football * Holding (law), the central determination in a judicial opinion * Holding (surname) * Holding company, a company that owns stock in other companies See also * * * Smallholding * Hold (other) * The Holding (other) * "Holdin'," a song by Diamond Rio * Hoarding * Possession (law) In law, possession is the exercise of dominion by a person over property to the exclusion of others. To possess something, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SM Investments
SM Investments Corporation (SMIC), also known as SM Group, is a Filipino conglomerate with interests in various sectors, mostly in shopping mall development and management, retail, real estate development, banking, and tourism. Founded by Henry Sy, it has become one of the largest conglomerates in the Philippines, being the country's dominant player in retail with 208 stores nationwide. Of these, 47 are SM Department Stores; 38 are SM Supermarkets; 37 are SM Hypermarkets, and 86 are SaveMore branches. It is the largest company in the Philippines in terms of market capitalization, and has repeatedly ranked as the top Philippine company in the Forbes Global 2000. History In 1958, Henry Sy Sr. started his first company, ShoeMart (SM), a small shoe store in Carriedo, Manila, Philippines. He initially focused on buying large supplies of shoes from the United States. His business expanded as he transformed his shoe store into a department store. At this point, Sy set up his sec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Caloocan
Caloocan, officially the City of Caloocan (; ), is a highly urbanized city in Metro Manila, Philippines. According to the 2020 census, it has a population of 1,661,584 people making it the fourth-most populous city in the Philippines. Caloocan is divided into two geographical locations with a total combined area of , a result of the 1949 expansion of Quezon City, which absorbed much of its territory. It was formerly part of the Province of Rizal in southern Luzon. It comprises what is known as the CAMANAVA area along with the cities of Malabon, Navotas and Valenzuela. South Caloocan is bordered by Manila, Quezon City, Malabon, Navotas and Valenzuela. The presence of commercial and industrial activities combined with residential areas make it a highly urbanized central business district and a major urban center in the Northern District of Metropolitan Manila. North Caloocan shares its border with Quezon City and Valenzuela, Marilao, Meycauayan and San Jose del Monte i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manila
Manila, officially the City of Manila, is the Capital of the Philippines, capital and second-most populous city of the Philippines after Quezon City, with a population of 1,846,513 people in 2020. Located on the eastern shore of Manila Bay on the island of Luzon, it is classified as a Cities of the Philippines#Independent cities, highly urbanized city. With , Manila is one of the world's List of cities proper by population density, most densely populated cities proper. Manila was the first chartered city in the country, designated bPhilippine Commission Act No. 183on July 31, 1901. It became autonomous with the passage of Republic Act No. 409, "The Revised Charter of the City of Manila", on June 18, 1949. Manila is considered to be part of the world's original set of global cities because its commercial networks were the first to extend across the Pacific Ocean and connect Asia with the Hispanic America, Spanish Americas through the Manila galleon, galleon trade. This marked t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Malate, Manila
Malate is a district of Manila, Philippines. Together with the district of Ermita, Manila, Ermita, it serves as Manila's center for commerce and tourism. Etymology The name ''Malate'' is derived from a corruption of the Tagalog language, Tagalog word ''maalat'' ("salty"). The name likely referred to the brackish waters, where the river estuary (in today's Malate Estero) meets the bay. Antonio de Morga, writing in his 1609 ''Sucesos de las Islas Filipinas'': "Manila has two drives for recreation. One is by land, along the point called Nuestra Señora de Guia. It extends for about a legua along the shore and is very clean and level. Thence it passes through a native street and settlement, called Bagunbayan, to a chapel, much frequented by the devout, called Nuestra Señora de Guia, and continues for a goodly distance further to a monastery and mission-house of the Augustinians, called Mahalat." José Rizal, who republished Morga's account, later annotated: "Better, Maalat. The S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SM City Cebu
SM City Cebu (also known as SM Cebu, and sometimes both known locally as SM Mabolo and SM City), is a large shopping mall located in Mabolo, Cebu City, Philippines. It is the 4th shopping mall owned and developed by SM Prime Holdings, the country's largest shopping mall owner and developer. It is the company's first shopping mall outside Metro Manila and the fifth largest shopping mall in the Philippines.SM Prime nets P1.5 B in Q1, up 11% Manila Bulletin, May 9, 2007 It has a land area of and a gross floor area of SM Prime Holdings - SM City Cebu retriev ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crate & Barrel
Euromarket Designs Inc., doing business as Crate & Barrel (stylized as Crate&Barrel), is an international furniture and home décor retail store headquartered in Northbrook, Illinois. They employ 8200 employees across over 100 stores in the United States and Canada, with franchises in Central America, South America, Asia and United Arab Emirates. History Founding Gordon and Carole Segal opened the first Crate & Barrel store on December 7, 1962, at age 23. The space in part of an old elevator factory was located at 1516 North Wells Street (Chicago), Wells Street in the then-Bohemianism, bohemian Old Town, Chicago, Old Town neighborhood of Chicago, Illinois; for a brief period, it was managed by Harrison Ford. The inspiration was their honeymoon in the Caribbean, where the Segals saw inexpensive yet tasteful European household products for sale. They became interested in providing functional and aesthetically pleasing products to young couples just starting out. Surprised to se ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Forever 21
F21 OpCo LLC, trade name, doing business as Forever 21, was a multinational fast-fashion retailer. It was originally founded as Fashion 21 in Highland Park, Los Angeles, Highland Park, Los Angeles in 1984.Forever 21History & Facts, n.d. Retrieved 27 April 2014. Before its closure in the US, it was owned and operated by Catalyst Brands, with about 540 outlets. The IP is currently owned by Authentic Brands Group. The company sold Fashion accessory, accessories, beauty products, home goods, and clothing for women, men and children.Earnest, Leslie"Forever 21 to Acquire Retailer Gadzooks" ''Los Angeles Times'', 18 February 2005. Retrieved 14 May 2014. The company has been involved in various Controversy, controversies that include labor practice issues and copyright infringement accusations. It is also still operating in Mexico, and other countries. History 1984–2017: founding and expansion Originally known as Fashion 21, the store was founded in Los Angeles on April 16, 1984, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Watsons
Watsons () is a Hong Kong health care and beauty care chain store in Asia and Europe. It is the flagship health and beauty brand of AS Watson, which is majority owned by CK Hutchison Holdings. It operates 8,000 stores and 1,500 pharmacies in 15 Asian and European markets, including Japan, Hong Kong, Indonesia, Macau, mainland China, Malaysia, the Philippines, Singapore, Taiwan, Thailand, Vietnam, Turkey, Ukraine, United Arab Emirates, Kingdom of Saudi Arabia and Qatar. Its South Korean branch closed down in 2021. History Founding and move to Hong Kong Dr. Thomas Boswell Watson (1815–1860), from Scotland, was the first member of the Watson family to arrive in the Far East, where in 1845 he set up a private practice in Macau. p. 221 After selling his practice to a fellow doctor, he moved to Hong Kong in 1856 where he became part owner of the Hong Kong Dispensary, an offshoot of the Canton Dispensary which operated from 1828 to 1858. Known as the "Big Medicine Shop" (; C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Toy Kingdom
International Toyworld Inc., doing business as Toy Kingdom, is a large toy store chain owned and developed by the SM Group by the late Chinese Filipino taipan, Henry Sy, Sr.. It features a variety of toys, gizmos & gadgets. The first branch opened at SM Megamall in 1991. Now more than 20 branches are opened inside and outside SM Supermalls. Aside from the regular Toy Kingdom stores, SM Stores have smaller toy sections called Toy Kingdom Express. Toy Kingdom's main rivals in the Philippines are Toys "R" Us (located at several Robinsons Malls, and Ayala Malls) and ToyTown (with branches at Glorietta, Festival Alabang, and Market! Market!). Kidz Station (with three locations in Makati and one at the Shangri-La Plaza in Mandaluyong) was also a rival store until Toys "R" Us acquired them in November 2010. Toy Kingdom holds the biennial major event Toy Expo Philippines, which gathers toy brands to showcase their latest offerings through exhibit set-ups and activities. A free-admis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
