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...
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...
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...
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...
As part of a business realignment, Qurate Retail Group announced it promoted finance chief Bill Wafford to the expanded role of chief administrative officer and CFO, and chief people officer Linda Aiello is leaving the company. Wafford now also oversees the Qurate...
