Zulily’s got new digs.
The e-commerce retailer recently moved into a new space at the 95 Jackson building in Seattle’s Pioneer Square neighborhood.
GeekWire visited the new office last week. The space had office furniture and desks, but there were only a handful of employees.
We asked the front desk attendant for details about when the company moved in, and were directed to another person who declined to comment.
Zulily’s PR representatives did not respond to an inquiry about the office, which is operated by Hudson Pacific Properties.
The building has nearly 36,000 square feet of office space, according to a listing on Hudson’s website. A Hudson representative declined to comment.
CBRE, which listed the office on its website, declined to comment.
It’s the latest change for Zulily, which is cutting costs under new ownership. Los Angeles-based private equity firm Regent bought the company from QVC parent Qurate in May and has gone through two rounds of layoffs, including one last week.
Zulily left its former large waterfront office at 2601 Elliott Ave. earlier this year.
In a May press release announcing its acquisition, Regent said it planned to grow Zulily’s business in new markets. Regent’s portfolio includes Club Monaco, Dim Paris, and Redline Bicycles, among others. It has acquired more than 30 businesses since 2015.
GeekWire reported last month that several vendors weren’t getting paid by Zulily following the Regent acquisition.
Employees affected by the two rounds of layoffs under Regent’s ownership, last week and in June, reported that they did not receive severance.
Zulily was already struggling under Qurate before the sale to Regent. It reported a 17% drop in revenue during the first quarter, to $192 million, and a $43 million operating loss.
Zulily laid off employees in March this year, and had another round of layoffs a year ago.
Founded in 2010, Zulily got its start by offering daily deals on products for moms and kids, and later expanded its product selection. The company went public in 2013. Qurate paid $2.4 billion to acquire Zulily in 2015.
