The Suburbia acquisition improves Liverpool’s position with consumers from groups C and D. Suburbia, like Liverpool’s Fábricas de Francia brand, is oriented towards consumers from income groups C and D, with the Liverpool brand oriented towards higher-income groups A and B, according to the companies. While the Ripley purchase changes Liverpool’s positioning from a domestic retailer into an international one, the Suburbia acquisition greatly strengthens Liverpool’s position as a dominant figure in the Mexico retail landscape. All told, Liverpool has added over 900,000 square meters of retail space to its portfolio since July 1 2016. The Ripley deal adds an additional 43 stores in Chile (276,080 sqm) and 27 stores in Peru (177,799 sqm), per company filings. With the purchase of Suburbia, Liverpool adds the 119 Suburbia outlets to its existing store network, which includes Liverpool’s 193 retail outlets in Mexico as of the close of 2015. The Suburbia acquisition is Liverpool’s second major deal in the past two months, following the early July purchase of Chilean department store chain Ripley. The acquisition further consolidates Liverpool’s position as one of the biggest national retailers in Mexico during a year of exceptional retail sales growth and overall economic stability, and further advances Walmart’s efforts to refocus on its core business and growing online sales. Other potential candidates rumored to be interested in Suburbia included Mexican chains Coppel and Sears (operated in Mexico by Grupo Sanborns), as well as Chile-based multinational retailer Falabella. The purchase ends months of speculation as to who would be the new owner of Suburbia after Walmart announced in January that it was seeking a buyer for the retail chain, which had 119 outlets as of the purchase, all located within Mexico. This area offers a cultural mix of cuisines including Mexican, Indian and Greek foods, from great independent family-run businesses that are at the heart of Crosby’s growing community.Mexican department store company El Puerto de Liverpool SAB de CV announced on August 10 that it has acquired the retail chain Suburbia from Wal-Mart de México SAB de CV for a total of Mx$19,000 million (approximately US$1 billion), pending review by Mexican regulatory agencies. From windsurfing, canoeing and powerboating, there is an activity for each member of the family to enjoy.įor those who are less sport seekers and more social butterflies, then a visit to the vibrant South Road should be on the cards. The coastline also features Crosby Lakeside Adventure Centre, a popular haunt for sporty and adventure-seeking locals who can enjoy a fitness suite, classes and a large range of water sports that take place on the lake. With a beautiful beach that is home to Antony Gormley’s “Another Place”, where 100 cast-iron figures are set in the sand looking out to sea, it is also an area that many Liverpool residents often travel to during the summer months to enjoy the extensive white sands. Its most famous asset, Crosby Beach is at the heart of the town and when not used by locals, is a popular day-out for travellers from across the city, looking to enjoy a natural beauty within a concrete jungle.Ĭrosby is a great place to live if you enjoy an outdoors lifestyle, which makes it a popular area for families. The area is intrinsically linked with Liverpool's maritime history, once a popular area for successful sea merchants whose architectural legacies still stand today, dominating the coastal landscape and looking out to the place where Liverpool meets the world. Yet its popularity is what means that house prices in Crosby do tend to be higher than in other areas of Liverpool but for what it offers, many are willing to pay for it. It is its landscape and schools that ensure that the area is never short of those who want a piece of the postcode. Its location close to the city centre, beach and great family-friendly social scene attract many families, hoping to enjoy a balanced lifestyle somewhere between a dream and reality.Ĭrosby boasts some of the best schools in Merseyside and offers a great choice for parents who want to explore both public and private education options for their children. Living in Crosby is a truly bohemian mix of residents, from the city's professionals escaping the hustle and bustle to up-and-coming artists who call upon the area's rich cultural offering to inspire their works.
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