Qurate Retail said that president and CEO Mike George has extended his employment agreement through the end of 2021 and will be retiring from the company at that time. The early announcement allows time for transition planning and an executive search process.
QVC and HSN have taken a prominent role in the new LG Shop Time app to engage with consumers wherever they are via livestream and video-on-demand platforms.
While retail will continue to evolve in response to the pandemic, some new consumer behaviors are likely to endure, according to Mike George, president and CEO of Qurate Retail. Examples include the surge in digital engagement among consumers and the shift towards home-centered goods, such as cookware and outdoor furnishings.
Qurate Retail Group and celebrity chef Curtis Stone are bringing viewers a new original series, debuting exclusively on the QVC/HSN streaming service. “Travel, Cook, Repeat with Curtis Stone”— launching on October 13— will follow Stone as he visits regions around the globe seeking new flavors and then returns home to teach viewers how to make recipes based on his discoveries in their own home kitchens.
Qurate Retail has named Ian Bailey svp/communications and community, and he will address a wide range of organization functions.
CommerceHub, an enterprise drop-ship platform, has signed a multi-year agreement to become the third-party, global drop-ship provider for Qurate Retail Group. The new agreement will expand CommerceHub’s existing services for QVC U.S. and HSN to also include QVC’s U.K. and German markets.
Qurate Retail Group has appointed Leslie Ferraro to the newly created role of president, QxH, effective September 16. In this role, Ferraro will lead Qurate Retail’s largest business unit, comprising its QVC and HSN brands in the U.S., reporting to Mike George, president and CEO, Qurate Retail, Inc.
As it continues to adjust its business model after the QVC and HSN merger, Qurate Retail struggled in a challenging first quarter.