Online Retailer Zulily Shuts Down Due to Financial Instability

Technology

⚡Online Retailer Zulily Shuts Down Due to Financial Instability

By Team Latestly

Online Retailer Zulily Shuts Down Due to Financial Instability

Zulily, online retailer based in Seattle was recently shut down to due financial instability. The company was acquired by Regent from Qurate Retail Group on May 24, 2023. After acquisition by Regent, the company went two rounds of layoffs and shut down in December.