qurate

Retail
Qurate’s George Cites Retail Achievements In NRF Keynote

In the opening keynote address kicking off the virtual Chapter 1 of the National Retail Federation Big Show, Mike George, president and CEO of Qurate Retail Group and NRF chairman, spotlighted how the retail sector reacted to the COVID-19 pandemic and social turbulence over the past year, emphasizing how the industry worked to improve conditions in communities around the United States.

Retail
Qurate CEO George To Retire In 2021

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.

Financials
Home Helps Qurate Gain In Q3

Merchandise for the home helped the Qurate Retail Group beat an analyst consensus earnings estimate for the third quarter as each of its business segments reported sales increases.

Retail
Curtis Stone To Launch New Show On QVC/HSN Streaming Service

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.

Financials
Qurate Q4 Sales Slip

Revenues and operating income fell at QVC and HSN in the fourth quarter, which impacted Qurate Retail financial results, although the company made some adjusted income headway.

Executive Profile
Mark Callahan, QVC, Buyer

With QVC since 2005, Mark Callahan has gained a retail industry reputation for being on top of the trends and his zeal has not tapered off during his tenure. This, noted housewares vendors, is what makes Callahan deserving of the title of 2019 HomeWorld Business Impact Merchant.

Financials
Qurate Progresses In Fourth Quarter

In a fourth quarter when the company continued its integration efforts including those combining HSN and QVC operations, Qurate Retail recorded lower net income but increased sales growth across most of its retail platforms. 

Retail
Qurate Reorganizing QVC, HSN

Qurate Retail Group has announced a series of initiatives designed to position its HSN and QVC U.S. businesses for long-term growth, increase synergies and accelerate the company’s digital transformation. The moves include the elimination of the QVC U.S. president position, with the exit of Steve Hofmann, who currently holds that position, and the combination of buying staffs.

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