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Honored Contributor
Posts: 16,240
Registered: ‎10-09-2012

Re: Chapter 11 Filing Confirmed Today

QVC / HSN social media response:

 

Screenshot 2026-04-16 at 7.56.29 PM.png

 

 

QVC: "Today marks a big step for us as we shape the future of live social shopping. QVC Group is taking action to strengthen our company for the long term, and we’re determined to come out of this even stronger—so we can keep bringing you innovative products, compelling content & unforgettable moments. We’re operating as usual across all our channels & platforms." 

 

 

 

Esteemed Contributor
Posts: 7,765
Registered: ‎06-29-2016

Re: Chapter 11 Filing Confirmed Today

[ Edited ]

Other vendors/brands among the top 30 Unsecured Claims are Skechers,  Corky's,  Rastelli, Diane Gilman. Joy Mangano, NYDJ, IHKWIP, Roberta's, WEN.....and UPS.

 

Interesting that Rakuten is owed $1 million.   I guess that explains why a number of my recent rebates from QVC/HSN have been delayed!

Esteemed Contributor
Posts: 7,624
Registered: ‎03-05-2011

Re: Chapter 11 Filing Confirmed Today

Stop the stupid programming like Menapause Monday and over 50 with screaming Hosts.   These programs are killing them.   Get more professional Hosts that talk about the products not their dancing daughters.

Contributor
Posts: 35
Registered: ‎09-30-2019

Re: Chapter 11 Filing Confirmed Today

Respectfully, operating as usual is what got you where you are today. I'll just say two things - hosts have become unwatchable (why they're promoting a Qcard escapes me since it can only be used for QVC purchases) and I do most of my shopping at Amazon - better prices and shipping is so quick. Also what's with all the "redeem this" pop-ups when I check my order status.
Trusted Contributor
Posts: 1,111
Registered: ‎01-16-2020

Re: Chapter 11 Filing Confirmed Today

@They CallMe MRWILKES  WOW!  That's a boatload of funds owed to what I think are their top vendors.  

Honored Contributor
Posts: 37,499
Registered: ‎03-20-2010

Re: Chapter 11 Filing Confirmed Today

[ Edited ]

@Parischic wrote:
@They CallMe MRWILKES

Airlines provide travel, move mail, packages etc unfortunately QVC is a shopping channel and isn't vital by any means.

@Parischic 

 

While shopping from TV may be impacted by cord cutting, video presentations have not, and this may be a key to QVC's future....Amazon is getting involved and QVC could do something similar....

 

 

As of early 2026, Amazon is aggressively advancing video presentations across multiple facets of its business,  AI-driven advertising and seller tools. Key developments include: 
  • Amazon Ads Upfront 2026: Amazon Ads has announced a hybrid "Upfront" event for May 11, 2026, in New York City, featuring a live presentation that will also offer a virtual viewing option to showcase premium content, and new advertising technology. 
  • Seller Video Tools: Amazon's "Manage Your Experiments" tool is being used to test video content, with a focus on product videos that directly increase conversion rates. As an Amazon Selling Partner, you can merge the world of online shopping and videos. Share your favorite products, create educational video guides and so much more through interactive video placements for shoppers to engage with on product detail pages, influencer storefronts and more.
     
  • The focus for 2026 is on using video to provide immersive, interactive, and high-conversion experiences for both consumers and advertisers, moving beyond static product listings and traditional commercials. 
     
 
Animals are reliable, full of love, true in their affections, grateful. Difficult standards for people to live up to.”
Valued Contributor
Posts: 792
Registered: ‎09-23-2020

Re: Chapter 11 Filing Confirmed Today

i hope somehow they can turn this around

Super Contributor
Posts: 415
Registered: ‎04-08-2011

Re: Chapter 11 Filing Confirmed Today

I wish QVC the best, however, I do not know one person who watches it on tv. Perhaps they can transition to an online only presence and continue the app.
Esteemed Contributor
Posts: 7,765
Registered: ‎06-29-2016

Re: Chapter 11 Filing Confirmed Today

[ Edited ]

This will be wrapped up and out-of-court very quickly. 

 

The plan of debt reorganization has been presented and filed and solicitation for consent to voting creditors will go out today.

 

Solicitation consent votes due by May 19th.

 

The goal is to have the debt restructuring plan solicitation concluded by June 8th, subject to Bankruptcy Court approval.   Financial projections assume an August 31st conclusion at the very latest.

 

I see nothing changing over the short term in terms of operations and programming or product or employees, save for increasing resources devoted to social media vending platforms (using the cash saved by debt reduction.)   The goal of this was to reduce the debt burden,  which seems to have been achieved. 

 

So burdensome debt has been reduced and it will be business as usual.  For how long, no one knows for certain.  Financial projections have been provided through 2029, showing positive annual OIBDA generation.

 

Opinions are mine, but all Docket Documents are publicly available for review.

Honored Contributor
Posts: 9,992
Registered: ‎07-12-2011

Re: Chapter 11 Filing Confirmed Today

There was a quick little clip on GMA this morning. The panel seemed surprised.