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Stock impact report

Beyond Inc. Sets Zulily Relaunch For September [Yahoo! Finance]

Beyond, Inc. (BYON) 
Company Research Source: Yahoo! Finance
Acquired by Beyond Inc. for $4.5 million this past March, the Zulily platform and site were expected to be fully operational by the end of the second quarter, or by June 30. It was initially thought that Beyond wouldn't need to do much work to ramp up Zulily operations as its website and mobile app were already available on the Shopify platform. But retail veteran Marcus Lemonis, best known for reviving struggling businesses on CNBC's “The Profit,” might have had other ideas once the company did a deeper dive on how best to position Zulily both within the company's portfolio and in the marketplace. Lemonis became executive chairman of Beyond in February. More from Sourcing Journal Big Lots Is Closing 150 Stores, Eyeing More Capital Shuffle Board: Beyond Shakes Up C-Suite, Authentic Expands to Africa Ross Stores Plans $450 Million North Carolina Distribution Center “We are targeting to launch Zulily on Sept. 10,” Lemonis said during Beyond's second-quarter earnings conferenc Show less Read more
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