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07-16-2020 08:41 PM
I'm always looking at what comes into stock on the Q. Before the pandemic, tons of new stock from every department was coming in. I noticed a gazillion artificial plants, plenty of furniture, shoes, baby items, toys..so many toys you'd think Q bought out Toys R Us. So much new stuff. I don't think much of it was intended for on air presentations. Q was gearing up for online retailing to the max. At the time, the economy was growing and it looked like Q was trying to grow sales in every category. I think the pandemic has hit Q hard and I think that this glut of stock just can't move right now, so it's really hurting Q financially.
07-16-2020 09:06 PM
@Mindy D I think that's true for QVC and many more. Except for Walmart. Amazon, and Target, I'm not seeing any of the financial analysts promoting any retail. Pretty much the opposite - lots and lots of retail looks to be heading into oblivion. Hard to tell what will be left.
07-16-2020 09:11 PM
@millieshops wrote:@Mindy D I think that's true for QVC and many more. Except for Walmart. Amazon, and Target, I'm not seeing any of the financial analysts promoting any retail. Pretty much the opposite - lots and lots of retail looks to be heading into oblivion. Hard to tell what will be left.
@millieshops @For a shock, take a look at how many artificial plants Q has on the website. You won't believe it.
07-16-2020 09:33 PM
@Mindy D Will take a look but I have no idea what was there last year or 5 years ago, so I don't know that it would shock me.
I don't remember ever looking for artificial plants online anywhere. Once in a while I see a plant that I have to touch to know whether it's real or artificial. That's the only fake I want to own.
07-16-2020 09:37 PM
I have a vague recollection of recently reading some from Mike George about a change in direction toward more home goods and work at home items.
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