by Mike Duff | Aug 8, 2022 | Retail Articles
A fire and inflation contributed to less-than-expected second quarter financial results at Qurate Retail, even as it undertakes a strategic turnaround initiative. Company net income in the quarter was $203 million, or 53 cents per diluted share, versus $222 million,...
by Mike Duff | Jun 30, 2022 | Featured News, Retail Articles
Qurate Retail President and CEO David Rawlinson II shared a three-year company turnaround plan called Project Athens designed to stabilize and differentiate the core businesses while expanding the company’s leadership in video streaming commerce. The five-point plan,...
by Mike Duff | Nov 4, 2021 | Retail Articles
In the third quarter, Qurate suffered from declining consumer visits, as bricks and retail store openings tempted them back to physical store visits, and supply chain constraints, the company reported. Qurate posted net income of $127 million, or 31 cents per share,...