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SM Quiapo

Philippines

SM Quiapo (also known as SM Clearance Outlet and SM Carriedo) is one of the oldest SM branches, located in Metro Manila. Contrary to urban legands, the first SM store is not located at the present SM Clearance Outlet, but rather in an undisclosed store along Rizal Avenue under the trademark "ShoeMart" till they relocated to another small store along Carlos Palanca street and eventually settled at the present site in 1982. ShoeMart soon expanded and officially opened SM North EDSA, its first air-conditioned mall located in Quezon City on November 8, 1985. The current occupied structure was once the Manila Royal Hotel; opened in 1971 and was famous for having one of the first circular viewing deck and revolving restaurants in the country; others being the Hotel Enrico (1971) located in Ermita, Manila and the Mutya ng Pasig Tower (1974) in Pasig City. Due to the economic collapse of the 1980s, the hotel eventually closed doors while the podium was rented out. The store was owned by the Chinese-Filipino billionaire Henry Sy and it is currently being managed by SM Investments's foundation, SM Department Store Inc. The store has been renovated and relaunched under the name SM Clearance Outlet.

Shopping mall data from Wikidata (CC0). Summary from Wikipedia (CC BY-SA).

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