SM Quiapo

SM Quiapo

The facade of SM Store Quiapo as SM Clearance Outlet in June 2024
Location	Carlos Palanca Street, Quiapo, Manila, Philippines
Coordinates	14°35′55.09″N120°58′54.60″E / 14.5986361°N 120.9818333°E / 14.5986361; 120.9818333
Opening date	1958;67 years ago (1958) (as Shoemart)
Management	SM Investments
No. of anchor tenants	1
No. of floors	4
Public transit access	Carriedo

SM Store Quiapo (also known as SM Clearance Outlet and SM Carriedo) was the first SM store, opened in November 1972. The store was owned by the Chinese-Filipino billionaire Henry Sy and it is currently being managed by SM Investments's foundation, SM Department Store Inc. The store has been renovated and relaunched under the name SM Clearance Outlet.

History

Henry Sy established shoe stores in Manila which were Plaza, Paris and Park Avenue which started with letter "P" prior to establishing the store that would be known as SM Quiapo. In 1958, he established a shoe store in Carriedo, Manila, which he named Shoemart after he was not able to come up with a name starting in "P". ^[1]

The store was later expanded and began to sell clothes and accessories aside from just shoes. In 1972, Shoemart was expanded and became the first SM Department Store. ^[1]

See also

• SM North EDSA

References

1. Zulueta, Lito (4 November 2007). "Sanso mural hails 70-year friendship with Henry Sy". Philippine Daily Inquirer. pp. A1, A19. Retrieved 6 February 2016.