In accordance with standard procedure, Samus discarded all of the items she collected on previous adventures before embarking on this one.
Super Metroid has a wide variety of time-saving glitches to exploit, many of which are explained on the Super Metroid Tricks page. Be sure to check it, as well as the author's comments, for more information on the improvements. (Note that this run is an improvement on the previous, even though the time seems slower, because this run was done on a more accurate emulator which unfortunately produces more lag.)
If you prefer to watch the fastest completion without getting all the items and without any large skip glitches, check out Super Metroid in 37:39 by Sniq.
Every second encode link leads to a version where all door transitions, elevators and item jingles were cut out.