Suburbia news and archive

Mexican regulator approves sale of Suburbia to Liverpool

The Mexican Federal Economic Competition Commission (Cofece in Spanish) has unconditionally approved the sale of Suburbia by the Mexican subsidiary of Walmart to Liverpool group. The closing of the operation will take place in the coming days. Commenting on the market regulator’s decision, Walmart said that 3.3 billion pesos of the total sales...

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Business

Walmart's Mexico unit to sell apparel chain

Walmart's Mexican division Walmex is selling its apparel chain Suburbia to El Puerto De Liverpool for about 852 million US dollars. Walmex announced the news on Wednesday. Mexico is Walmart's largest market outside the USA. The retail giant had announced intentions to sell Suburbia already in January of this year. Wal-Mart de Mexico y...

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Report

Walmart's Mexico unit to sell apparel chain

Walmart's Mexican division Walmex is selling its apparel chain Suburbia to El Puerto De Liverpool for about 852 million US dollars. Walmex announced the news on Wednesday. Mexico is Walmart's largest market outside the USA. The retail giant had announced intentions to sell Suburbia already in January of this year. Wal-Mart de Mexico y...

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