Insight Report 11 minutes PremiumThe Closure of Zulily: Analyzing Its Impacts on Rivals and Stakeholders Anand Kumar, Associate Director of Retail Research Sector Lead: Swarooprani Muralidhar, Director of Research January 10, 2024 What's InsideOnline 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, innovation and a deep understanding of market dynamics and consumer demands. In this report, we dive into the implications of Zulily’s closure for competitors, suppliers and retail overall. Data in this research report include: Annual revenue and operating margin data for Zulily, 2018–2022 Quarterly revenue and EBITDA data for Zulily, 4Q20–1Q23 Companies mentioned in this report include: Amazon, Shein, Temu, Walmart, Zulily Other relevant research: The Coresight Research Retail Bankruptcies Databank The full collection of Weekly US and UK Store Openings and Closures Tracker reports Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Weekly US and UK Store Openings and Closures Tracker 2023, Week 21: UK Closures Up 59%Health Check: Quantifying the Physical and Mental Health of the US ConsumerUS Holiday Survey and Outlook 2023: E-Commerce To Drive GrowthShoptalk Europe 2024 Day Three: Highlighting the Importance of Data Sharing, Retail Media and More
