Walter Mart
TypeSubsidiary
IndustryRetail
Founded1990
FounderWilson Lim[1]
Headquarters
7th floor Walter Mart
Building 8001 A North EDSA Veterans Village, Quezon City[2]
,
Area served
Central Luzon, Calabarzon, Metro Manila
Key people
Winston Lim, Managing Director
Number of employees
3,000
Websitewaltermart.com.ph

Walter Mart (stylized as WalterMart) is a Filipino chain of community shopping malls located in Metro Manila, Central, and South Luzon.[3] The chain operates its anchor stores that include Walter Mart Supermarket, Walter Mart Cinemas, Abenson Appliances, Homeplus Furniture, Electroworld, and SB Furnitures. Filipino retail stores such as Watsons, Ace Hardware, Robinsons Department Store, and W Department Store are also occupying most of Walter Mart's branches.

Walter Mart's corporate headquarters are located in North EDSA, Quezon City.[3][4]

History

Walter Mart's logo from 1990 to 2019. However, this is used as a secondary logo, and it is still seen on the facade.
Walter Mart's logo from 1990 to 2019. However, this is used as a secondary logo, and it is still seen on the facade.

Walter Mart 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 Retails and SM Prime Holdings entered into a joint venture agreement with Walter Mart to co-manage the operations of WM-branded community-based malls located in the provinces of Central Luzon, Southern Tagalog and cities in Metro 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In February 2016, the SM-Waltermart group rescinded an earlier deal to jointly develop shopping malls with 8990 Holdings as these may take business away from SM's shopping centers.[8]

Walter Mart Supermarket

Walter Mart Supermarket is located within most Walter Mart malls. The first supermarket started in E. Rodriguez, Quezon City. In 1995, the owners entered into a partnership with International 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 28 more locations in Metro Manila, Central, and South Luzon.[9][10]

W Mall

W Mall is a community mall of Walter Mart that was open on April 26, 2018 at Macapagal Boulevard corner Coral Way, Pasay. The mall anchors Walter Mart Supermarket, Miniso, Kidzoona, Abenson Home, and SB Furnitures.[11][12]

Abenson Office Building

The proposed 12-story Abenson office building beside Walter Mart's corporate office is nearing completion - construction started at the height of the COVID-19 pandemic in 2020.[13]

Gallery

References

  1. ^ Go, Josiah (May 9, 2014). "Q&A with Wilson Lim, Founder of Abenson Group of Companies on Starting Up New Ventures". Josiah Go: The Marketing Mentor. Retrieved June 9, 2017.
  2. ^ "Q Company Overview of Waltermart Group". Josiah Go: The Marketing Mentor. Retrieved June 9, 2017.
  3. ^ a b "Waltermart Supermarket, Inc.: Private Company Information - Bloomberg". www.bloomberg.com. Retrieved 2018-05-27.
  4. ^ Mart, Walter. "Walter Mart - Contact Us". www.waltermart.com.ph. Retrieved 2018-05-27.
  5. ^ "Q&A with Wilson Lim, Founder of Abenson Group of Companies on Starting Up New Ventures". The Marketing Mentor. 2014-05-09. Retrieved 2017-07-03.
  6. ^ Dumlao, Doris C. "SM, Waltermart join forces". Philippine Daily Inquirer. Retrieved 2017-07-04.
  7. ^ "Sy group won't control SM-Waltermart venture". Rappler. Retrieved 2017-07-04.
  8. ^ Dumlao-Abadilla, Doris. "8990-Waltermart retail venture deal scrapped". Philippine Daily Inquirer.
  9. ^ Mart, Walter. "Walter Mart - Supermarkets". www.waltermart.com.ph. Retrieved 2017-07-03.
  10. ^ "WALTERMART SUPERMARKET, INC. Supplier Profile". service.ariba.com. Retrieved 2017-07-03.
  11. ^ "Community mall opens in Pasay". Manila Standard. Retrieved 2018-05-27.
  12. ^ "IN PHOTOS: W Mall opens in Pasay". Rappler. Retrieved 2018-05-27.
  13. ^ "Abenson Office Building - ADGO Architecture And Design Inc". imgroup.ph. Retrieved 2022-06-22.