Beyond Inc., the parent of Bed Bath & Beyond, has decided that its Zulily brand is no longer a fit. Beyond entered into a ...
Beyond sells a 75% stake in Zulily to fashion discount e-tailer Proozy for $5 million, after acquiring it a year ago for $4.5 ...
Lyons Trading Company, owner of off-price retailer Proozy, is acquiring the brand. It’s Zulily’s fourth owner in two years.
The announcement to sell the e-commerce site Zulily to Lyons Trading Company comes one year after Beyond acquired Zulily.
The Eagan-based online retailer wants to reinvigorate the daily deals market with the acquisition of the brand from by Beyond ...
“Today's announcement clears management time and company resources to be redirected to higher pay-off ventures. All that said, this transaction does not materially change the length of the journey for ...
Shares of Beyond ended the market session lower after the e-commerce company said it would sell a 75% stake in Zulily to Lyons Trading for $5 million. The stock closed down 10% at $5.08. Shares, which ...
Almost exactly a year after it purchased flash-sale site Zulily, Beyond, Inc. has sold its majority stake in the brand.
An Eagan online retailer has paid $5 million for a majority stake in the flash-sale site Zulily, expanding its national reach. Lyons Trading Co., operator of Proozy.com, will gain a 75% stake in the ...
After acquiring Zulily last year for $4.5M, Beyond (NYSE:BYON) sold off a majority of the company for $5M this morning, leaving Beyond (NYSE:BYON) with 25% ownership. With the proceeds of this ...