Qurate Retail turned to positive adjusted earnings in its fourth quarter versus an adjusted loss for the quarter in fiscal 2022, beating a Wall Street estimate. As it released its financial results, the company announced that it had appointed Stacy Bowe president of...
The Container Store Group promoted Lindy Rawlinson to chief digital officer and vice president of stores and Jennifer Pape to senior vice president of stores. Rawlinson previously was executive vice president of e-commerce and digital marketing. In her new position,...
Qurate Retail emerged from a loss in its third quarter last year to post a profit for the period this year, but revenues in the quarter decreased as the company missed a Wall Street estimate. Net income was $1 million, or $0 per diluted share, versus net loss of $2.75...
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,...
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...
