Bakit kaya wala ng Colgate-Palmolive products sa SM?

DON’T go looking for Colgate toothpaste in SM Supermarkets. Don’t go shopping there for Palmolive soap or shampoo either, because chances are, you won’t find any. That’s because the SM group and fast-moving consumer goods (FMCG) manufacturer Colgate-Palmolive recently got into a tussle over billing issues, according to our sources.

 

According to the Colgate-Palmolive camp, the disagreement came about after SM insisted on a payment period beyond what is normal for FMCG items (a longer period would have positive and negative implications for either party, since “time is money”).

The SM camp, meanwhile, says the terms are static, and that a new Colgate-Palmolive manager who is “unaccustomed to the way business has always been done” has been pushing for better terms (that are clearly not better for SM).

Thus, Colgate-Palmolive’s products and merchandisers are no longer a fixture in SM Supermarket premises, prompting a high-stakes stand off between the two corporate giants.

Both firms rely on each other for a significant amount of their revenues. SM—the country’s biggest supermarket chain—is easily Colgate-Palmolive’s largest vendor. Colgate-Palmolive products, meanwhile, are some of the best-selling products of the chain, with daily sales estimated in the millions of pesos.

Yesterday, several SM Supermarkets showed thinning stocks of Colgate toothpaste, while Palmolive bath products were “out of stock,” according to the staff.

Neither side seems keen on prolonging the agony, however, and a source from the SM group said that they are “looking forward to resolving any differences.”

Bakit walang Mercury Drugs store sa mga SM Malls?

Mr. Henry Sy, the owner of SM was 

a very ambitous man.

 He wanted to get rich more than 2 

decades ago. 

He tried many business to get 

enough income but failed. After trying so hard to make both

 ends meet; he finally have enough 

money to start a small business. 

It acrossed to his mind to build a 

small Shoe store.

 He thought that how could he get customers. 

An idea popped out.

 He noticed that Mercury drug which 

is big drug store and been to the

 business for many years has many

loyal customers coming to them. He approached the owner and asked 

if he can rent and place his small 

shoe store there even with a very

 small portion.

 He was not allowed and got 

embarrased even though he asked politely. He promised to himself... that ...

Mercury drug will never step in his

 life when he get rich. Now, Mr.Sy is the richest man in 

the Philippines because of his own 

will and determination.

 Now he never let a Mercury Drug 

Store do business in his malls like 

SM. Also he franchised a store Watson

 which is a drug store and that's the

 substitute for Mercury Drug.