Zulily

Following the closure of Zulily, asset management firm Gordon Brothers will acquire and  sell the specialty apparel retailer’s inventory and assets.

The final sale has concluded at Zulily, and wind-down of operations is underway.

The 2023 holiday season will be the last one to feature Zulily as a shopping option.

A Hollywood actress is helping Zulily expand its initiative to focus on core “mom” shoppers.

QVC just gained some credibility among hipsters and millennials by buying a popular Internet flash sale site that caters to those younger shoppers.

Englewood, Colo. – Home shopping retailer QVC is expanding its omnichannel reach. QVC parent company Liberty Interactive Corp. is purchasing struggling online retailer Zulily Inc. for $2.4 billion in cash and stock.

Seattle - A significant increase in selling, general and administrative expenses, as well as higher marketing expenses, helped plunge net income at pure play retailer Zulily Inc. below Wall Street expectations during the fourth quarter of fiscal 2014. Net income fell 15% to $10.88 million from $12.75 million.

Seattle –- Online retailer Zulily Inc. shrank its net loss to $795 million in the third quarter of fiscal 2014 from $2.25 billion the same period the prior year. Net sales shot up 72% to $285.8 million.