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Online retailer Zulily, once valued at nearly $9 billion, shocked customers by announcing that it would shut down and liquidate its assets, citing a “challenging business environment.” ...
Online retailer Zulily is shutting down. The company announced on its website it has made the "difficult but necessary decision to conduct an orderly wind-down of the business." Zulily said it ...
In a deal valued at $6.7 million, Beyond has reached an agreement to sell 75% ownership of Zulily to Lyons Trading for $5 million, while retaining a 25% stake in the brand. This news comes almost ...
Pam Danziger reports on retail, focused on the luxury consumer market. The recently defunct flash-sale site Zulily may finally have found a fitting corporate home after two unsuccessful tries by ...
Zulily is getting a new owner for the third time in two years. Beyond, the publicly traded company that owns Bed Bath & Beyond and Overstock, announced last week that it plans to sell a majority ...
Defunct online retailer Zulily shut down operations in December. Now, its new owner says it plans to relaunch the site later this year. Online retail company Beyond Inc. has acquired the ...
Zulily’s sign was still visible in December at the company’s former headquarters near the waterfront in Seattle. (GeekWire Photo / Kurt Schlosser) For hundreds of people once associated with ...
As online retailer Zulily winds down its business, $85 million in inventory is up for grabs. Gordon Brothers, which is handling the liquidation, is marketing the inventory to firms looking to ...