{"id":331714,"date":"2025-02-28T00:58:26","date_gmt":"2025-02-27T16:58:26","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=331714"},"modified":"2025-02-28T01:02:04","modified_gmt":"2025-02-27T17:02:04","slug":"trade-the-news-sm-putting-up-200-more-alfamart-stores","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/trade-the-news-sm-putting-up-200-more-alfamart-stores\/","title":{"rendered":"Trade the News: SM putting up 200 more Alfamart stores"},"content":{"rendered":"\n
Potential Impact of this News<\/strong><\/td>POSITIVE on the stock price<\/strong><\/td><\/tr>
Company<\/strong><\/td>SM Investments Corp.<\/td><\/tr>
Stock Code<\/strong><\/td>SM<\/td><\/tr>
Long-term Recommendation on the Stock<\/strong><\/td>Buy<\/td><\/tr>
1-Year Target Price<\/strong><\/td>PHP 1,092.00<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/div>\n\n\n\n

The SM Group is expanding its minimart business with the planned addition of at least 200 new stores in Luzon this year.<\/p>\n\n\n\n

SM Investments Corp. (SM) said the group is strengthening its commitment to making fresh goods and daily essentials more accessible to Filipino neighborhoods by opening more Alfamart branches for 2025.<\/p>\n\n\n\n

Alfamart had a total of 2,100 stores as of end 2024.<\/p>\n\n\n\n

\u201cOur continued growth is anchored on the needs of the neighborhoods we serve. We remain committed to strengthening our presence in the underserved areas within Luzon, in order to provide the communities better value and easier access to essential goods,\u201d Alfamart Philippines chief operating officer Harvey Ong said.<\/p>\n\n\n\n

Alfamart, which celebrated its 10th anniversary in the Philippines last year, has successfully expanded across 11 provinces, including Cavite, Laguna, Batangas, Quezon, Rizal, Bulacan, Pampanga, Nueva Ecija, Bataan, Pangasinan and Zambales.<\/p>\n\n\n\n

It also has presence in 15 cities in Metro Manila.<\/p>\n\n\n\n

SM said that with Alfamart\u2019s steady growth, the group continues to generate more job opportunities for local communities.<\/p>\n\n\n\n

The minimart chain last year alone was able to create more than 2,500 new jobs as a result of its network expansion, which includes the new distribution center located in Sariaya, Quezon.<\/p>\n\n\n\n

(News Source: Philippine Star<\/a>)<\/em><\/p>\n\n\n\n

<\/div>\n\n\n\n

This report is prepared by PinoyInvestor\u2019s partner broker below. Find out more about our partner brokers<\/a> and sign up to avail their complete trading brokerage services.<\/em><\/em><\/em><\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Take advantage of the price opportunity that might arise when the news hits. Trade the news!<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1371],"tags":[],"class_list":["post-331714","post","type-post","status-publish","format-standard","hentry","category-trade-the-news","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/331714","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/comments?post=331714"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/331714\/revisions"}],"predecessor-version":[{"id":331715,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/331714\/revisions\/331715"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=331714"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=331714"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=331714"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}