The Reason Why There’s No Mercury Drugstore In SM Malls Finally Revealed
The major reason why people could not find even a single Mercury drugstore inside of any SM Malls has been finally revealed.
Most people might be wondering why they can’t even find even a single Mercury Drug inside of any SM Malls in the Philippines.
Henry Sy, a Chinese-Filipino businessman is the director of SM Prime Holdings Inc. and founded the biggest chain of shopping malls in the country.
The young Henry started in a very humble beginning dreaming to become rich prompting him to enter numerous businesses for a couple of times, but most of them failed.
The businessman worked hard enough to save a certain amount of cash and start a small business selling shoes.
Sy noticed that Mercury Drugstore has countless loyal customers who kept coming back over and over again. One day, he decided to politely ask the owner if he can rent a very small portion of the area for his proposed little shoe store.
Unfortunately, the owner rejected his offer and did not allow him to rent a little space for his small business.
Since then, the business tycoon promised himself that he will never let Mercury Drugstore enter his life again when he gets rich.
Today, Henry Sy is one of the richest men in the country and owns numerous SM Malls branches nationwide. He also placed Watson’s as a substitute for Mercury Drug.
What can you say about this? Just feel free to leave your comments and reactions to this article.
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Sounds like a nice story… but the SM used it’s power to restraint trade… another example is locally the Super 8 market near countryside used to sell chicken, since the opening of the SM market at East Ortigas, no chicken is sold there… just think if a us to mer wants to buy chicken they have to go to the SM mall and of course buy other products… THIS IS NO A PUBLIC SERVICE… this is a organized effort to retraint trade of competive group…
It is really true dahil dto sa mercury drug lagro hilltop novaliches branch ay ayaw nla magpapark ang customer kung hindi bibili sa knila..so kailangan pla may sakit lng at nid gamot para magpark ka sa knila..e ang luwag ng parking nla ala ni isa customer?tlaga ganid at hindi pang masa..mahal pa din mga gamot nla..nagpark lng po ako sandali para may kunin na order sa katabi nla chowking..hinabol pko ng guard para alisin kotse ko?
They just want costumer to be not Finding for parking . let mercury drug go to sm