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...
by Mike Duff | Mar 14, 2023 | Retail Articles
Zulily has launched a gifting initiative that connects with consumers via text to help them find personally appropriate Mother’s Day presents. Sign up on the website, and Zulilly texts questions about who the recipient is, then about personal preferences, defined as...
by Mike Duff | Mar 13, 2023 | Retail Articles
Qurate Retail Group fell short in its fourth quarter of a Wall Street earnings estimate and just surpassed one for revenue as the company continues a restructuring initiative. Net loss for the quarter was $51 million, or 13 cents diluted per share, versus a net loss...
by Mike Duff | Nov 7, 2022 | Retail Articles
Qurate Retail took major impairment charges in the third quarter related to goodwill, the trade names of HSN and Zulily and recent performance, but the company still posted a loss after adjustment. For the third quarter, Qurate Retail recorded a company net loss of...
by Mike Duff | Sep 13, 2022 | Retail Articles
Zulily is putting even more emphasis on moms as the core customer, and it’s doing so based on a mom’s definition of value, the Qurate Retail Group banner stated. Moms are redefining value to mean the sum of all the parts of a shopping experience, Zulily asserted,...
