El Puerto de Liverpool

El Puerto de Liverpool (officially S.A.B. de Liverpool, S.A.B. de C.V.) is a Mexican company that consists of commercial, financial, and real estate operations.

• The commercial area operates two chains of department stores: Liverpool and Suburbia, freestanding retail stores of multiple fashion brands, and the Arco Norte logistics center, under construction.
• The financial group offers insurance as well as credit to customers of the two department store chains.
• The real estate group operates shopping malls , all but one (Perisur) branded Galerías.

The company is listed on the Mexican Stock Exchange (BMV: LIVEPOL).

El Puerto de Liverpool holds an (as of December 2023) US$246 million, 9.745% stake in U.S. retailer Nordstrom (NYSE: JWN), and a 50% stake in El Salvador-based Unicomer Group, which operates retail chains in 26 Latin American countries.

The Group's headquarters are in Santa Fe, a suburb and a main business center in Mexico City.

History

• 1944 El Puerto de Liverpool group was legally established as a public limited company, S.A. de C.V.
• By 1965 listed on the Mexican Stock Exchange
• 1980: opened the Perisur shopping center and warehouse, the first shopping center the group owns
• 1988: purchases the Fábricas de Francia department store with eight stores
• 1992: opened its second distribution and receiving center: Bodega Tultitlán, with a motor transport network of 135 trucks at that time. It also inaugurates the Galerías Coapa and Galerías Insurgentes shopping centers with their respective warehouses. The systems development center is installed.
• 1997: bought the Comercial Las Galas department store from Tiendas Chedraui, which it converted into Fábricas de Francia stores.
• 1999: bought 11 stores from the Salinas y Rocha appliance store chain
• 2006: changed from a S.A. de C.V. to an S.A.B. de C.V., to comply with the provisions of the Securities Market Law of June 28, 2006
• 2007: partnered with El Corte Inglés group's clothing retailer Sfera to launch dozens of Sfera stores across Mexico
• 2015: partnered with U.S. retailer Williams-Sonoma to bring its brands Williams-Sonoma, Pottery Barn and West Elm to Mexico in stores run by El Puerto de Liverpool group Giving customers the option to purchase goods and services in these boutiques using their cards (DILISA) and (Livertu Universitarios). This association will extend for a period of 10 years.
• August 2016: Liverpool bought the Suburbia department store chain from Walmart Mexico for around 15.7 billion pesos (about $840 million at that time).
• September 2018: announced conversion of 38 of the 41 Fábricas de Francia stores to Liverpool or Suburbia formats, and permanently close the other 3, thus sunsetting the 140-year-old brand.

References

External links

• Liverpool department store website (in Spanish)
• El Puerto de Liverpool group investor website