@maximillion wrote:
If the Q's profits are declining, then maybe they shouldn't have bought out HSN. The economy is good, so that's not an excuse. Their shipping issues sure are not helping them any. I figured they keep pushing sales for Mother's Day and graduations because they know that it will take that long to receive your orders!!!
@maximillion
I dont thinkit was a good business decision for QVC's parent company, Libertyinteractive to buy troubled HSN while HSN is continuing to experience a 6% decline in sales and no sign of improvement......Reminds me of struggling Sears buying struggling Kmart and look where they are today...... Qurates stale performance cant be considered an exact comparison they are doing LOTS better than where Sears/Kmart were at in their merger....still.......HSN seems like an albatross around QVC's neck, as it seems Liberty Interactive gave QVC the responsibility to turn HSN around.....and you see some crossover of vendors and products on both channels...
Perhaps Libertyinteractive was afraid Amazon might buy HSN....rumor was that after a previous failed attempt at Amazon's own version of an online shopping channel via streaming they were ready to try again. And maybe hearing that LibertyInteractive decided to make a move to foil the competition... who knows.
Some background:
In 2017 Amazon Style Code Live seemed like the perfect bridge between Amazon's online retail dominance and its increasingly accomplished Prime Video service. The show attempted to deliver a QVC-style interactive shopping show, livestreamed each weekday on Amazon's site for free -- no Prime subscription needed. Nothing is that easy, however, and it all didn't quite pan out: the show is over. The cancellation was unceremoniously abrupt..
Now Amazon is trying again slowly this time with Amazon Live launched February 2019 and still working on perfecting it before expanding it to their regular website.......But Evine is struggling so who knows Amazon may soon get another chance at a more traditional shopping channel if that's even in the direction Amazon wants to go...We'll have to stay tuned to see if anything happens in the future......Afterall Amazon is covering all bases as they launched Amazon cashierless brick and motar stores in a couple of markets called Amazon Go ....in Seattle and Chicago and plans 3000 stores by 2021....(when are they going to be considered a monopoly ...????)
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