by Mike Duff | Aug 4, 2023 | Retail Articles
As the company pursues its turnaround strategy, Qurate Retail missed analyst estimates for second-quarter sales and earnings, with adjusted profits falling into loss territory. Company net earnings were $107 million, or 28 cents per diluted share versus $203 million,...
by Mike Duff | Jun 5, 2023 | Retail Articles
The Qurate Retail Group, continuing to expand it selling scope, has struck a new streaming deal with Vizio featuring an array of kitchen- and home-focused programming. In the deal, QVC and HSN have launched a free, dual-interactive streaming shopping service through...
by Mike Duff | May 25, 2023 | Retail Articles
Regent, a Los Angeles-based investment firm with expertise in the retail and apparel sectors, has acquired Zulily, from Qurate Retail, the companies announced in a joint statement. Zulily was a wholly owned Qurate Retail subsidiary and the company noted that the...
by Mike Duff | May 5, 2023 | Retail Articles
Qurate Retail reported the company turnaround plan is taking hold as its first-quarter loss was less than Wall Street expected and sales were more. Company net income was $20 million, or 5 cents per diluted share, versus $1 million, or, in effect, zero cents per...
by Chandler Harvey | May 1, 2023 | Featured News, Retail Articles
Celebrated chefs have been a critical presence for QVC on television and online. To Kristen Stevens, QVC’s GMM and vice president of Home Merchandising, the success of the chef program is about more than their culinary expertise. It’s also about their...
