Qurate Retail Group, part of Qurate Retail, Inc., will undertake a new strategy under a new name: QVC Group. The company looks to build on its television shopping legacy and expand its scope as a multi-platform, live social shopping network. The financial goal set for...
Home décor and furniture retailer Ballard Designs has announced its fourth Texas store opening as it debuted an 11,500-square-foot space in Austin. The Qurate Retail Group banner and operator of ballarddesigns.com now has 18 retail locations across the United States....
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...
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,...