by Mike Duff | Jan 2, 2024 | Retail Articles
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,...
by Mike Duff | Nov 3, 2023 | Retail Articles
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...
by Mike Duff | Aug 4, 2023 | Retail Articles
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,...
by Mike Duff | May 25, 2023 | Retail Articles
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...
by Mike Duff | May 5, 2023 | Retail Articles
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...
