Online retailer Zulily closes for good, will go into liquidation
Dec 27, 2023 · 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."
Seattle’s Zulily will ‘wind down’ its business and liquidate its assets
Dec 27, 2023 · Zulily entered into an Assignment for the Benefit of Creditors, or ABC, which means a third-party fiduciary will complete the liquidation and work to maximize value for Zulily’s...
Zulily transfers assets to professional liquidator as failed retailer ...
Dec 23, 2023 · The process usually takes 12 to 18 months. The new Zulily ABC entity is no longer accepting orders from customers through the Zulily website, and refunds to existing customers are unable...
US online retailer Zulily says it will go into liquidation ... - MSN
SEATTLE (AP) — The U.S. online retailer Zulily is closing down, surprising customers and laying off hundreds of workers after efforts to salvage the business failed.
Zulily Begins Liquidation After Several Rounds of Layoffs
Dec 27, 2023 · Citing a challenging business environment, online retailer Zulily is closing its doors. The company announced its liquidation process on its website.
Zulily begins liquidation to pay off creditors, wind down business
Dec 26, 2023 · Defunct Seattle online retailer Zulily is selling everything off to satisfy creditors, according to a post on the company's website. Douglas Wilson Cos., a third-party liquidation firm, will ...
Zulily goes out of business, plans to liquidate - Retail Dive
Dec 26, 2023 · Dive Brief: Online retailer Zulily has ceased operations as of Friday. In a note on its now-defunct website, the company said it has entered an assignment for the benefit of creditors, or an ABC...
US online retailer Zulily says it will go into liquidation, surprising ...
Dec 27, 2023 · Zulily says it is closing down, surprising customers, after efforts to salvage the business failed. The Seattle-based company said in a notice on its website, Wednesday, Dec. 27, 2023, that it had tried to fill all pending orders and expected to …
Zulily says it will go into liquidation, surprising customers
Dec 27, 2023 · A lawsuit filed by the company in Western Washington District Court asserted that Amazon intentionally sought to “destroy” the online retailer. Instead of declaring bankruptcy, Zulily is using an...
Zulily announces shutdown months after CEO left, citing ... - Fortune
Dec 27, 2023 · The company’s liquidation followed several rounds of layoffs as Zulily struggled to compete with Amazon. Instead of declaring bankruptcy, Zulily is using an alternative for winding down the...