Amid merchants’ gold rush for young consumers’ social commerce spending, Qurate Retail is focusing on an often-overlooked demographic: Generation X and baby boomer women on social media and other digital platforms. The company, which owns shopping channels QVC and HSN as well as other retail...
With consumers increasingly expecting their shoppable media experiences to flow more seamlessly between entertainment and commerce, traditional shopping networks such as HSN and QVC are seeing revenue declines. Qurate Retail, parent company of QVC, HSN and other brands, reported in its fourth-quarter and full-year 2023...
Online retailer Zulily is calling it quits. In the latest update from PYMNTS regarding Zulily, once navigating the choppy waters of a fiercely competitive sea, has disclosed its intentions of undergoing a liquidation process. In fact, just seven months into its tenure under new ownership,...
QVC owner and eCommerce platform Qurate Retail is facing a difficult road as it looks to navigate excess inventory in a post-pandemic eCommerce market. President and CEO David Rawlinson II noted in a Friday (Nov. 4) press release that the company’s third-quarter 2022 earnings results...
August 08, 2024
Amid merchants’ gold rush for young consumers’ social commerce spending, Qurate Retail is focusing on an often-overlooked demographic: Generation X and baby boomer women on social media and other digital platforms. The company, which owns shopping channels QVC and HSN as well as other retail brands such as Garnet Hill and Ballard Designs, shared on […]
February 28, 2024
With consumers increasingly expecting their shoppable media experiences to flow more seamlessly between entertainment and commerce, traditional shopping networks such as HSN and QVC are seeing revenue declines. Qurate Retail,...
December 28, 2023
Online retailer Zulily is calling it quits. In the latest update from PYMNTS regarding Zulily, once navigating the choppy waters of a fiercely competitive sea, has disclosed its intentions of...
November 04, 2022
QVC owner and eCommerce platform Qurate Retail is facing a difficult road as it looks to navigate excess inventory in a post-pandemic eCommerce market. President and CEO David Rawlinson II noted in a Friday (Nov. 4) press release that the company’s third-quarter 2022 earnings results indicated “an intensely promotional environment and weakened consumer sentiment.” Qurate’s […]
August 05, 2022
Video commerce giant and QVC owner Qurate Retail Inc. is implementing a turnaround plan amid across-the-board declines in revenue, the company reported Friday (Aug. 5). According to the company’s second-quarter earnings...