Walter Mart (stylized as WalterMart) is a Filipino chain of community shopping malls owned by Abenson Ventures, Inc. and are 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 and Abenson Home Furniture. Filipino retail stores, such as Watsons, Ace Hardware, and W Department Store, also occupy most of Walter Mart's branches.
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In February 2016, the SM-Waltermart group rescinded an earlier deal to jointly develop shopping malls with 8990 Holdings as these may take business away from SM's shopping centers.[8]
WalterMart Supermarket is located within most WalterMart malls, as well as Ayala Malls Serin in Tagaytay.[11] The first supermarket started along E. Rodriguez Avenue in Quezon City. In 1995, the owners entered into a partnership with Independent 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 47 more locations in Metro Manila, Central, and South Luzon.[12][13]