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The U.S. online retailer Zulily is closing down, surprising customers and laying off hundreds of workers after efforts to salvage the business failed. The Seattle-based company said in a notice on ...
Online retailer Zulily is shutting down. Writing on the company's homepage, an official said Zulily's leadership had "made the difficult but necessary decision to conduct an orderly wind-down of ...
Zulily is an American e-commerce website with operations headquartered in Midvale, Utah. Its target audience are young mothers interested in brand-name goods for their children. [6] Months after its website closed, all of Zulily's intellectual property was acquired by competitor Beyond, Inc. in March 2024, in a deal valued at $4.5 million in ...
Zulily, a once high-flying online retailer, is shutting down. The Seattle-based firm will be closing its distribution center in a portion of a 737,054-square-foot warehouse building at 3051 ...
In August 2015, QVC acquired the online retailer Zulily for $2.4 billion. [59] [60] On July 6, 2017, QVC's parent company, Liberty Interactive, announced its intention to purchase the remaining 62% of stock it did not already own of HSN, the rival home shopping channel. The all-stock deal is valued at $2.1 billion ($40.36 a share).
Prior to Zulily, Cavens held executive positions with Microsoft and online jewelry retailer Blue Nile. [2] [3] In 2009, Cavens and Mark Vadon co-founded Zulily, a flash-sales site focused on children's products. The site launched in 2010. [4] Zulily went public in November 2013. Cavens retained 21.6 percent of the voting power following the IPO ...
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