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.
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.
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 recently appointed Ryan McKelvey as president, Cornerstone Brands. Cornerstone Brands is comprised of four home and lifestyle brands, including Ballard Designs, Frontgate, Garnet Hill, and Grandin Road.
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 Group is joining with Discovery, Inc., to introduce the Food Network and QVC to new audiences and leverage the power of each brand’s reach and relevance.
Despite enduring increased costs, Qurate made gains in the coronavirus-stricken second quarter although not quite up to Wall Street expectations.
Walmart shoppers are encountering a new fashion-forward furniture collection from Dorel Home, the Dorel Industries home furnishings division, developed in partnership with Scout Productions, the company behind the Queer Eye television series.
Lamps Plus products will light the set of the main character for the second season of the Netflix show “Dead to Me,” which debuts May 8.
As a tribute to store employees, Big Lots has released a new television spot, with a portion of the proceeds from the music featured in the commercial going to health care workers fighting COVID-19.
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.
QVC and HSN are helping more than 70 entrepreneurial brands introduce their products to consumers by the end of 2020.
Qurate Retail Group is ramping up operations for its newest U.S. fulfillment center in Bethlehem, PA.
iMedia Brands has formed a partnership with Authentic Brands Group for Shaquille O’Neal and ShopHQ, its flagship nationally distributed television retailing network. The agreement includes a nationally televised live program, “In the Kitchen with Shaq,” as well as a product partnership for a collection of kitchenware, cookware, and grill products.
A tough third quarter still included a few bright spots for Qurate Retail, as the company continued to integrate its QVC and HSN businesses.
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.
iMedia Brands has officially completed the on-air rebranding of its flagship, nationally distributed shopping entertainment network to ShopHQ (formerly Evine), capping a six-week awareness campaign with its customers across its television, online, mobile and social media platforms.
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 posted declining results in the first quarter, Evine emphasized executive changes and initiatives designed to turn around the business.