Liberty Interactive Corp., the parent company behind home shopping network QVC, recently posted a 16 percent decline in profit in the fourth quarter of 2016 — the latest in a series of declines in the home shopping space as eCommerce rises. “Internationally, QVC continues to...
Online retail giant QVC is reportedly acquiring flash sales site zulily for $2.4 billion in a cash-and-stock deal. The acquisition, which comes almost two years after the struggling eCommerce company went public, is strategic for QVC’s growing efforts to build up its omnichannel reach and shift...
August 18, 2015
Online retail giant QVC is reportedly acquiring flash sales site zulily for $2.4 billion in a cash-and-stock deal. The acquisition, which comes almost two years after the struggling eCommerce company went public, is strategic for QVC’s growing efforts to build up its omnichannel reach and shift from its televised home-shopping approach, which has recently seen decline. […]
