SM SEASIDE CITY HYPERMARKET
In Cebu, SM Prime is building the city’s biggest mall at the aforementioned SRP. The Php4.5 billion shopping mall with a gross floor area (GFA) of 241,600 square meters, will be the fourth biggest among the company’s Philippine malls, next to its SM City North Edsa, the Mall of Asia, and SM City Megamall. The Cebu SRP shopping mall will be a four-level complex and will feature a five-theater Cineplex, an IMAX theatre, an 18-lane bowling center, an ice skating, and a roof garden, among others. It is part of the 30-hectare mixeduse development project of SM Prime in Cebu called SM Seaside City.
SM Hypermarket is a chain of hypermarkets in the Philippines, started by the Sy family in the late 1990s.
The Hypermarket in SM Seaside City Cebu will have 12,410 sq.m floor area.
SM Hypermarket is a full-fledged business entity within the SM Group of Companies.
With indoor wet market as well as a food and general merchandise store in all of the Hypermarkets.
The concept behind the creation of a new retail format – which is what is now known as a “hypermarket retail format” – is to combine the features of a supermarket with that of a department store. The principal aim of this venture is to provide the consumer with a one-stop shop where most shopping needs will be available in one convenient place.