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,...
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...
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...
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...
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...