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03-07-2024 04:31 PM - edited 03-07-2024 04:37 PM
Revenue 4Q23 v 4Q22:
QXH: -4%
QVC International: +2%
Cornerstone Group: -12%
Source: Qurate SEC 10-K Regulatory Filing
03-07-2024 05:19 PM
@Carmie wrote:@cheriere Your thoughts are nice and sweet, but QVC is just like every other retailer. They are in business to make money.
Their sales were down 5% last quarter and their operating costs went up $2.7 billion.
I doubt they're willing to eat the shipping costs. It's just not gonna happen, or they will be out of business or filing for bankruptcy.
I understand what you mean. I just thought since most online retailers offer free shipping the Q shouldn't be hurting s/h wise. Besides, the markups are already outrageous. This is pretty evident when we see what other places are charging for like merchandise.
I figure a lot of people have cut down ordering because of the price increases. I know I have. We've heard them give every excuse for the increased prices except a plague of locusts.
Either QVC can still beat the competition by buying in bulk, owning factories, no advertising, cutting out middlemen as they used to claim and do or they can't. I'm just tired of them giving crazy excuses.
03-07-2024 05:34 PM
@amyb wrote:Just wondering...A644021, lightweight hat, but probably a bigger box, still... $7.50 to ship.
I realize shipping costs, like EVERYthing have gone up in the past couple years, just was surprised on this item.
Some places the average is $9-12 dollars, so maybe the Q is not that bad. Although the $7 plus original ship cost to return has had me be very selective as to anything I purchase....I have to be sure, ie. not trying to get the right fit on jeans!
And dopey me...just bought two bathing suits and forgot to use the free ship code Q mailed me...ugh.
Anyway, just noticing this is all...
@amyb - If you've only just ordered them today, it would be worth you emailing the Social Team to ask if they'll apply the free shipping to your order. Explain the situation. Can't hurt!
QVCSocialTeam@qvc.com
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