Us online retailer. Zulu
says it will go into liquidation and lay off hundreds of people.
The Seattle based company announced the closure on its website saying this quote,
this decision was not easy nor was it entered into lightly.
However, given the challenging business environment in which Zulu
operated on the corresponding financial instability,
Zoli decided to take immediate and swift action. End quote.
The company's liquidation comes after several rounds of layoffs already.
It has also struggled to compete with Amazon
Zilly said it will try to manage pending orders within the next two weeks.
It said orders that could not be filled
with will be canceled and ultimately refunded.