by Mike Duff | Feb 28, 2025 | Retail Articles
Newly named QVC Group, formerly Qurate Retail, announced an extension for its president and CEO, David Rawlinson, as it reported lower revenues and a big quarterly loss that attributed mainly to a non-cash impairment charge. The new employment agreement with Rawlinson...
by Mike Duff | Feb 5, 2025 | Retail Articles
Qurate Retail, Inc., in moves to advance its strategy based on expanding live social shopping, made several changes across its executive suite and announced it will close HSN offices and other facilities in St. Petersburg, FL. Qurate stated that the company is...
by Mike Duff | Nov 7, 2024 | Retail Articles
The third quarter was difficult for Qurate Retail, but the company’s transformation plan is approaching the culmination of an effort to improve internal operation and shifting to initiatives that apply resources to expanding the business on streaming services and...
by Mike Duff | Aug 8, 2024 | Retail Articles
Sales and earnings slipped in Qurate Retail’s second quarter as QVC and HSN combined sales declined. Company net earnings were $20 million, or five cents per diluted share, versus $107 million, or 28 cents per diluted share, in the year-previous quarter. A Yahoo...
by Mike Duff | May 8, 2024 | Retail Articles
As it pursues a turnaround, Qurate Retail turned to an adjusted profit in the first quarter although revenues trailed a Wall Street estimate. Net loss was $1 million, or zero per diluted share, versus net income of $20 million, or five cents per diluted share, in the...
