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,...
Qurate Retail President and CEO David Rawlinson II shared a three-year company turnaround plan called Project Athens designed to stabilize and differentiate the core businesses while expanding the company’s leadership in video streaming commerce. The five-point plan,...
As it explores the streaming side of video commerce, QVC has gone live on FuboTV. QVC, a Qurate Retail Group division, becomes the first livestream shopping channel on FuboTV, bringing 20 hours a day of live programming, with four hours of pre-recorded in addition,...
To celebrate National Pride Month, Macy’s and Qurate have introduced comprehensive initiatives to honor the LGBTQ community. This June, Pride + Joy take center stage as Macy’s kicks off National Pride Month, the company announced. Among its plans, Macy’s will launch a...
Qurate Retail is working to build a turnaround even as its first-quarter sales revenue and earnings slipped. Company net income was $1 million, or zero earnings per share, versus $206 million, or 49 cents per diluted share, in the previous-year period. Adjusted for...
