Q Talk

[RescueLover]

@Desert Lily 🌼



You can stream The Q on Your laptop.

[RescueLover]

Where there’s a Will there’s a Way. 😉

[RescueLover]

And Starlink is Everywhere to use.

[Tori3569]

---

@BobShops wrote:

---

@They CallMe MRWILKES wrote:

No vendor is missing a single penny.

The Bankruptcy Court has given QVC Group permission to pay all vendor (unsecured creditor) accounts due as of April 16th, as well as payment of any new bills incurred in the normal course of business since the filing.

I am bothered by this statement that "The Bankruptcy Court has given QVC Group permission to pay all vendor (unsecured creditor) accounts due as of April 16th".

I'm assuming by that statement that vendor payments will not be "automatic" and that they will have to file some sort of "claim" in order to get what is owed to them? If that is the case then we don't really KNOW that they HAVE been paid or WHEN?

By all means correct me if I am mistaken on this. 

In the mean time I'm noticing that specific vendor inventories are declining on the website.

---

---

There are always product lines that are dwindling because the contract with QVC is up.  At the same time time there are many new brands being introduced.

By permission, it just means the court has decided that the  QVC funds can be paid to the vendors.  I can't imagine why any of us would care about confirming the vendors have been paid or when.  What difference would it make to customers?  

Big changes on the horizon and as I stated before, prices will rise.   

[BobShops]

---

@Tori3569 wrote:

I can't imagine why any of us would care about confirming the vendors have been paid or when.  What difference would it make to customers?  

Of course you can't.

---

[RescueLover]

FINAL SALES is the first step to ramping up sales and clearing out inventory!

[chessygal]

---

@RescueLover wrote:


FINAL SALES is the first step to ramping up sales and clearing out inventory!

---

ITA

[Sakuya]

@They CallMe MRWILKES - Thank you for posting and explaining what is happening. I would be sad to see QVC go away, but higher prices? They seem high to me already.

Is it possible that they break QVC into pieces and sell it off? Or leverage it with more debt, take the equity, and leave QVC to go under?

I am probably not explaining it correctly.

[They CallMe MRWILKES]

I'm not one of those who thinks that QVC will disappear completely.   But like others have mentioned,  I think the emphasis and formats will change.

Everyone knows about their Tik-Tok Shop and that will likely grow.  They are creating more specialized,  small screen studios at Studio Park suited for Tik-Tok and social media in general.  Traditional cable broadcasting will likely fade, in my opinion. 

They operate an online retail store already,  so there's no need to change that.

And because of the enormous debt reduction,  fixed costs are already substantially reduced.  I think, in my view, that there are substantial opportunities for growth and reinvention.

But none of us knows what will happen.   QVC Group will be owned and controlled initially by a small group of investors.   They'll do what they want.

(I also think that they should divest the Cornerstone Brands, since it's retailing that really doesn't fit into the QXH model.)

Just my thoughts