1. Corporate Finance

Zulily goes out of business, plans to liquidate

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​[[“value”:”

Dive Brief

The retailer has entered an assignment for the benefit of creditors, an alternative to bankruptcy, after seven months under private equity ownership.

Published Dec. 26, 2023

Zulily's webpage

Zulily’s website. The company laid off hundreds of workers earlier in December.

Courtesy of Zulily

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