Alfamart Philippines, the SM Group’s minimart chain, announced that the company is on track to expand its retail footprint to over 1,200 stores this year with the opening of at least 200 stores across Luzon in 2021. In 2020, Alfamart opened 267 stores within Metro Manila and neighboring provinces of Laguna, Batangas, Rizal, Bulacan, Pampanga and Nueva Ecija.
Alfamart is a joint venture between SM and Alfamart Indonesia, one of the leading mini-market chain operators with more than 17,000 outlets in Indonesia. Alfamart caters to all different types of customers and provides everything from their smallest to biggest needs as it offers basic groceries, select SM Bonus products, fresh and frozen items, snacks such as Turon, and personal care products at affordable prices.
In its bigger stores, Alfamart collaborates with local entrepreneurs to set up businesses in the store vicinity, enabling them to tap into Alfamart’s strategic locations. Some of the partners they already have in store are bills payment kiosks, food kiosks and laundry shops.
(Sources: SM Investments Corporation; Philippine Daily Inquirer; Manila Standard)
