A popular retailer now announces an unexpected closure and as it now begins its going-out-of-business liquidation sale.
Unlike Amazon, Target, and most retailers who sell online, Zulily did not offer quick delivery.
That was literally part of its business model.
“The secret to our deals is in our shipping. We wait and bundle items from multiple orders, using fewer boxes.
Then, we pass the savings on to you. Sometimes, it takes a little longer, but our customers say it’s worth the wait,” the company shared on its website.
That model clearly did not work as the company abruptly announced on Dec. 9 that the company was shutting down, reports TheStreet.
“All sales are final during Zulily’s going-out-of-business sale,” the website reads. “FINAL SALE. All items must go,” the company posted.
Signs of the company’s problems emerged on Dec. 7 when the Seattle-based online-only retailer abruptly laid off about 800 of its staff.
Along with letting workers go, the digital retailer closed its Seattle headquarters and two warehouse locations, GeekWire reported.
The company has not shared its impending closure on its Facebook page, which includes this description of its business:
“Find affordable items from the brands you love, without the hassle of sifting through countless racks.”
GenUi, a software development consultant, sued Zulily earlier this month “alleging that Zulily breached contractual obligations and owes the company $191,776 for work completed earlier this year,” GeekWire also reported.
“GenUI has performed work for Zulily since 2017, but starting this past April, Zulily started to fall behind on monthly payments, according to the suit filed in King County Superior Court.”
The company has not posted on X, the former Twitter, since May.
Zulily has not shared what its final day of operation will be.
Other Economy News Today
An unexpected shoe retailer now permanently closes one of its popular stores with more locations expected to shutter soon.
The New Balance store in Fairview Heights, Illinois is shutting its doors for good in just days following an abrupt announcement, reports The-Sun.
The brand with 111 stores across North America has now closed one of its popular locations in Illinois as of Sunday, November 26.
“Shoe shoppers in Fairview Heights lost Sketchers back in June and will now struggle to find comfortable sports and casual shoes,” says The-Sun.
Store items just moments prior to the closure were on sale, allowing locals to make the best out of these deals.
Store associate Victoria Martin revealed the location’s final day to the Belleville News-Democrat.
She was unable to give an official reason behind the closure and highlighted that the store was often recommended by nearby foot doctors.
Martin added that many customers are upset with the move with recent comments on its website focusing on the closure.
“Sorry you’re closing. Been a customer for many years. Recommend others to purchase from you,” one wrote.
“I’ve purchased shoes at this store in Fairview Heights for years and always had excellent quality of service with a pleasant smile,” another added.
“I deeply regret the notice of your choice to close the only store in Metro East. I live and work in Illinois,”
After Sunday’s closure, New Balance customers will have to travel to Richmond Heights or Creve Coeur in Missouri to visit the store.
Meanwhile, other big-name retailers are set to shut up shop in the state in January next year.
TJX plans to close a staggering 6 TJ Maxx and Marshalls locations in Chicago, Illinois in early 2024.
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