Is Zulily Going Out Of Business In 2024?

Who Founded Zulily?

Zulily was founded in 2009 by Mark Vadon and Darrell Caven, the former executives of an online jewelry brand, Blue Nile.

Zulily Over The Years

Shortly after its launch, Zulily opened its first fulfillment center in Northern Nevada in 2011 with 400 employees, then another fulfillment center in Ohio. By 2013, Zulily had a value of $2.6 billion and a global customer base of 12.6 million.

Zulily Over The Years

However, 2015 marked Zulily's downfall. In 2015, Zulily's revenue started declining rapidly, shortly after which Liberty Interactive-QVC purchased the company for $2.4 billion.

Zulily Lays Off 800 Employees

Zulily has laid off 800 people in three states, including Washington, Nevada, and Ohio. The layoffs were supposed to include 292 jobs in Seattle, 273 in Nevada, and 274 people in Ohio.

Zulily Lays Off 800 Employees

Last week, Zulily’s employees received a letter from the company that they would lose their jobs in February. However, many of them got the termination letter earlier.

Is Zulily Going Out Of Business?

The Seattle-based online e-commerce platform Zulily has confirmed on its website that it is going out of business.

Why Is Zulily Going Out Of Business?

The biggest reason that contributed to the downfall of Zulily was competition from other e-commerce platforms, especially Amazon.