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.
As it continues to adjust its business model after the QVC and HSN merger, Qurate Retail struggled in a challenging first quarter.
Qurate Retail Group is rolling out several programs that company officials said build on its history in video, digital and social e-commerce.
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.
Artist Cyndi Lauper recently teamed with Grandin Road for a holiday home décor and entertaining collection. The collection, Cyndi Lauper Loves Christmas, is available for a limited time only at the retailer.
HSN and the University of Tampa’s John P. Lowth Entrepreneurship Center, Sykes College of Business, are preparing the next American Dreams Academy— an interactive, educational and hands-on two-day experience for emerging entrepreneurs— which will be held in Cincinnati.
After completing a spin off from GCI Liberty and changing its name from Liberty Interactive, Qurate Retail, parent of QVC and HSN among other retail operations, posted first quarter net income of $142 million, or 30 cents per share, versus $91 million, or 20 cents per share, in the year-before period.