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Showing posts with label SM Retail. Show all posts
Showing posts with label SM Retail. Show all posts

Friday, November 21, 2014

Crate and Barrell enters the Philippine market


From beautiful glassware, dinnerware, table linens,  throwpillows, bedsheets, tables, chairs, imagine all the things you need to fill up your lovely abode. Crate and Barrel has it.

The leading Home Furnishings Brand SM Retail is pleased to have another international home furnishings retailer Crate and Barrel to the Philippines. Crate and Barrel was launched last November 20, 2014 at SM Mega Fashion Hall through SM Retailer subsidiary HMS Development.The ribbon cutting ceremony was headed by SM Prime Holdings President, Mr. Hans Sy  and his mother Felicidad Sy.




 “In collaboration with our esteemed franchise partner, SM Retail Group, we are bringing in the best of Crate and Barrel and creating an exciting new retail synergy in Manila.” says Crate and Barrel Interim CEO Adrian Mitchell.




Crate and Barrel opened its doors in 1962 as a family business started by Gordon and Carole Segal in Chicago, Illinois.  The couple was inspired by the simple, well-designed, affordable products they had purchased on their honeymoon in Europe.  The Segals decided to open a home furnishings store, calling it ‘Crate and Barrel’ after the shipping crates and barrels, which brought their inventory and became their first store fixtures. Working directly with European ateliers and factories to import their products, Crate and Barrel was among the first retailers to make modern tabletop and kitchenwares affordable to American consumers.


 Today, Crate and Barrel is an international, multi-channel family of brands, known for exclusive housewares and furniture designs, excellent value and superb customer service.  Owned by the Otto Group of Hamburg, Germany, since 1998, the company operates stores in most major North American markets as well as international franchise locations in Dubai, Singapore and Mexico.



SM Retail, the leading retail group in the Philippines, has over fifty years of experience in the industry.  Its retail operations include a chain of department stores, supermarkets, and hypermarkets strategically located in key cities in the Philippines.  It also has a chain of specialty store formats that serve niche markets focusing on a wide selection of merchandise for each category like appliance stores, home stores, and toy superstores.  Beginning with a franchise with ACE Hardware and a joint venture with Watsons, SM’s retail group has also entered into partnerships with global retailers.  These include Forever 21, Uniqlo, Suiteblanco, and Uno de 50.  SM Retail is part of SM Investments Corporation, one of the country’s largest conglomerates, which also has core businesses in mall operations, banking, property, and hotels, and conventions.








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