Former ecommerce giant Zulily shuts down

Zulily is selling off its assets as it prepares to close

Seattle-based ecommerce company Zulily has closed its doors after almost exactly 14 years of trade, blaming a “challenging business environment” for its decision.

The company said that, on December 22, it completed “an orderly wind-down of the business to maximize the recovery for the companies’ creditors.”

The news comes after years of failed attempts to salvage Zulily’s business, including several rounds of layoffs and a final sale to generate some additional revenue.

https://www.techradar.com/pro/former-ecommerce-giant-zulily-shuts-down