On Friday, Shares of zulily, Inc. (NASDAQ:ZU), surged 12.67% to $13.30.
zulily, declared the launch of its first major website redesign, which will provide a more customized daily shopping experience for each of its customers.
The site comprises new functionality such as a complete one-to-one experience for each customer, improved shopping capabilities and technology that underscores the new and fresh products that have assisted make zulily the unique, discovery-based online retailer that it is recently. zulily continues to improve upon the daily experience by delivering unique products and freshly-curated events wherever its customers are shopping. With 55% of North American orders placed via mobile devices, the site redesign incorporates a completely responsive interface to engage with each and every user, on whichever device they choose to browse and shop — from desktop to mobile website.
zulily, inc. operates as an online retailer in the United States, Canada, Australia, the United Kingdom, and internationally. The company provides merchandise to moms purchasing for their children, themselves, and their homes.
Shares of Host Hotels & Resorts, Inc. (NYSE:HST), inclined 2.63% to $20.32, during its last trading session.
Host Hotels & Resorts, declared that Host Hotels & Resorts, L.P., for whom the Company acts as sole general partner, has priced its offering of $500 million aggregate principal amount of 4% Senior Notes due 2025. In contemplation of this Offering, Host L.P. reached interest rate hedging transactions with associates of certain of the underwriters settling recently that effectively reduces the yield to Host L.P. on the Notes to 3.93%. The Offering is predictable to close on May 15, 2015, subject to the satisfaction or waiver of customary closing conditions.
The net proceeds of the Offering of about $495 million, after deducting the underwriting discount, fees and expenses, together with cash on hand, will be used to redeem all of Host L.P.’s $500 million aggregate principal amount of 5-7/8% Series X Senior Notes due 2019.
Goldman, Sachs & Co., Merrill Lynch, Pierce, Fenner & Smith Incorporated, J.P. Morgan Securities LLC and Wells Fargo Securities, LLC are the joint book-running managers for the Offering.
Host Hotels & Resorts, Inc. is a publicly owned real estate investment trust (REIT). The firm primarily engages in the ownership and operation of hotel properties. It invests in the real estate markets of United States. It also invests in Canada, Mexico, Chile, the United Kingdom, Italy, Spain, and Poland.
At the end of Friday’s trade, Shares of The Kroger Co. (NYSE:KR), gained 1.61% to $71.79.
The Kroger, declared that Mike Schlotman, Kroger’s senior vice president and CFO, will address investors at the Goldman Sachs Global Staples Forum in New York on Tuesday, May 12, 2015 at 12:50 pm (EDT).
The Kroger Co., together with its auxiliaries, operates as a retailer in the United States and internationally. It also manufactures and processes food for sale in its supermarkets. The company operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores.
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