Zulily transfers assets to professional liquidator as failed retailer unable to issue refunds
GeekWire
DECEMBER 23, 2023
Zulily’s former headquarters in Seattle. (GeekWire Photo / Taylor Soper) The latest chapter in the meltdown of Zulily is reading like a bad holiday fairy tale. The Seattle online retailer — battered after weeks of layoffs, website outages and management reversals — posted a message on its website saying that it has made “the difficult but necessary decision to conduct an orderly wind-down of the business to maximize value for the companies’ creditors.
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