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Three Data Points We’re Watching This Week

This week, we spotlight key data points on the five forces we expect to shape US retail in 2024; proprietary survey data on US consumer confidence; and Zulily’s declining revenues and closure—and the implications for retail.

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The Closure of Zulily: Analyzing Its Impacts on Rivals and Stakeholders

Online retailer Zulily—once valued at nearly $9 billion—is shutting down its operations due to financial instability. Zulily’s collapse serves as a cautionary tale for brands and retailers, emphasizing the importance of agility, operational efficiency and innovation. We dive into the implications of Zulily’s closure for competitors, suppliers and retail overall.

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