by Mike Duff | Dec 13, 2023 | Retail Articles
After a period of speculation about its fate, Zulily posted a final sale notice on its website. Qurate Retail sold Zulitly to investment firm Regent in May. The company has recently been subject to rumors since published reports of its laying off workers at its...
by Mike Duff | Nov 3, 2023 | Retail Articles
Qurate Retail emerged from a loss in its third quarter last year to post a profit for the period this year, but revenues in the quarter decreased as the company missed a Wall Street estimate. Net income was $1 million, or $0 per diluted share, versus net loss of $2.75...
by Mike Duff | Aug 25, 2023 | Home + Housewares, Kitchenware, Retail Articles
Zulily has partnered with chef Curtis Stone to create easy, affordable and nutritious recipes for kids of all ages designed to help families reduce back-to-school pressure and to-do lists. Stone has curated his must-have kitchen tools and accessories for Zulily to...
by Mike Duff | Aug 4, 2023 | Retail Articles
As the company pursues its turnaround strategy, Qurate Retail missed analyst estimates for second-quarter sales and earnings, with adjusted profits falling into loss territory. Company net earnings were $107 million, or 28 cents per diluted share versus $203 million,...
by Mike Duff | May 25, 2023 | Retail Articles
Regent, a Los Angeles-based investment firm with expertise in the retail and apparel sectors, has acquired Zulily, from Qurate Retail, the companies announced in a joint statement. Zulily was a wholly owned Qurate Retail subsidiary and the company noted that the...