 | |
 Trece Martires branch inCavite | |
| Company type | Subsidiary |
|---|---|
| Industry | Retail |
| Founded | 1990; 36 years ago (1990) |
| Founder | Wilson Lim[1] |
| Headquarters | , Philippines |
Area served | Metro Manila,Calabarzon,Central Luzon |
Key people | Wilson Lim Jr., managing director |
Number of employees | 3,000 |
| Website | waltermart.com.ph |
WalterMart is a Filipino chain of community shopping malls owned by Abenson Ventures, Inc. and are located inMetro Manila,Central Luzon, andCalabarzon.[3] The chain operates its anchor stores that include WalterMart Supermarket, W Department Store, Abenson Appliances and Abenson Home Furniture. Filipino retail stores, such asWatsons, andAce Hardware, also occupy most of WalterMart's branches.
WalterMart's corporate headquarters are located inNorth EDSA,Quezon City.[3][4]
WalterMart was founded in the 1990s by Wilson Lim, at the time of the economic crisis when the major players were not expanding aggressively. The company saw that there was an opportunity to expand in developing communities and uplift their standards of living by providing gainful employment to the locals and improving their shopping experience.[5]
In January 2013,SM Retail andSM Prime entered into a joint venture agreement with WalterMart to co-manage the operations of WM-branded community-based malls located in the provinces ofCentral Luzon,Southern Tagalog and cities inMetro Manila.[6][7]
In February 2016, the SM–Waltermart group rescinded an earlier deal to jointly develop shopping malls with 8990 Holdings as these may take business away from SM's shopping centers.[8]
On April 26, 2018, WalterMart opened the first branch of W Mall onMacapagal Boulevard inPasay.[9][10]
WalterMart Supermarket is located within most WalterMart malls, as well asAyala Malls Serin inTagaytay.[11] The first supermarket started along E. Rodriguez Avenue inQuezon City. In 1995, the owners entered into a partnership withIndependent Grocers Alliance (IGA), making it the only supermarket chain in the Philippines to become a member of the organization. Currently, it is now one of the youngest and fastest-growing supermarket chains in the Philippines with 47 more locations inMetro Manila,Central, andSouth Luzon.[12][13]
Media related toWalter Mart at Wikimedia Commons