by Mike Duff | Mar 13, 2023 | Retail Articles
Qurate Retail Group fell short in its fourth quarter of a Wall Street earnings estimate and just surpassed one for revenue as the company continues a restructuring initiative. Net loss for the quarter was $51 million, or 13 cents diluted per share, versus a net loss...
by Mike Duff | Nov 7, 2022 | Retail Articles
Qurate Retail took major impairment charges in the third quarter related to goodwill, the trade names of HSN and Zulily and recent performance, but the company still posted a loss after adjustment. For the third quarter, Qurate Retail recorded a company net loss of...
by Mike Duff | Sep 13, 2022 | Retail Articles
Zulily is putting even more emphasis on moms as the core customer, and it’s doing so based on a mom’s definition of value, the Qurate Retail Group banner stated. Moms are redefining value to mean the sum of all the parts of a shopping experience, Zulily asserted,...
by Chandler Harvey | Aug 8, 2022 | Featured News, Retail Articles
The Qurate Retail Small Business Spotlight program has evolved over the past two years along with the retail and social considerations on which the company has focused, providing an ongoing example of how retailers can reach out and support diverse communities in the...
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,...
