Henry Sy's vision transforms Philippine retail landscape with SM Prime Holdings

gmanetwork.com

Henry Sy, known as the Father of Modern Philippine Retail, founded SM Prime Holdings, the largest mall operator in the Philippines. His vision began with a single Shoemart store in 1958, aiming to enhance the Filipino shopping experience. Sy's first major mall, SM City North Edsa, opened in the 1980s, transforming a swampland into a landmark shopping destination. His children have since expanded the family business, developing the Mall of Asia Complex in Pasay City, which includes multiple malls and facilities. SM Prime Holdings is now focusing on innovative and sustainable developments, with plans for future projects. The company aims to continue enhancing the lives of Filipinos, building on Henry Sy's legacy.


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