SM Delgado is a shopping mall in downtown Iloilo City, Philippines. It is owned by SM Land Inc. and operated by Metro Manila Shopping Mecca Corporation, the same arm of the SM Group that operate the branches at SM City Manila and SM City Santa Rosa. It is the oldest SM store in the Philippines outside Metro Manila. It is located within Iloilo City Proper's commercial district along Delgado and Valeria Streets. It is the fourth SM Store built by Henry Sy Sr. and the first branch opened outside Metro Manila. Initially just a department store, SM Supermarket was conceptualized and opened at SM Delgado in 1985. The mall was relaunched in 2004.

It was opened on May 15, 1979 and was relaunched in 2004. The original edifice was demolished on February 2, 2004, and a new building was built on the same vicinity that was opened to the public on December 8, 2004. In 2007, an annex building was added to complete the shopping center's redevelopment. SM Delgado was originally known as SM Iloilo prior to the opening of SM City Iloilo on June 11, 1999.

• SM City Iloilo

• SM Department Stores. Official website.
• SM Prime Holdings. The official website of the parent company.
• SM Supermarket. The official website of SM Supermarket