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SM malls defy cost surge with stronger sales

Summary by Inquirer
MANILA, Philippines — Sy family-led SM Prime Holdings Inc. said mall foot traffic remained resilient in the first quarter, defying concerns that rising fuel costs would dampen consumer activity. In a media briefing on Tuesday, Steven Tan, president of SM Supermalls, said visitor traffic “did not drop at all.” Instead, it matched last year’s levels […]...Keep on reading: SM malls defy cost surge with stronger sales

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Inquirer broke the news in Manila, Philippines (the) on Tuesday, April 28, 2026.
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