Q Talk

[Patriot3]

Qvc is delisted on NASDAQ as of today's opening.

[Big Joanie]

OH BOY ..

[They CallMe MRWILKES]

NASDAQ rules require delisting once a company files Chapter 11.

The current stock will become worthless and of no value when the Reorganization Plan is approved and implemented. 

Most recent trades were about 30 cents per share.

[MoonieBaby]

Yikes. Not a good sign.

[They CallMe MRWILKES]

It's actually a good thing. 

It prevents an uninformed investor from easily purchasing a share at 30 Cents that will soon be worth Zero Cents.

[Caaareful Shopper]

source: JCK article, April 23, 2026

QVC Group may emerge from Chapter 11 as soon as June thanks to pre-planning it did before filing for bankruptcy.  Compared with other retailers that entered Chapter 11, QVC is conducting a very different bankruptcy, according to one bankruptcy expert, at national law firm Armstrong Teasdale.

From day one, QVC had a restructuring support agreement, which the parties and major stakeholders negotiated over an eight-month period of time.

This may expedite the process a great deal.  The May 26th hearing to approve the restructuring plan means the plan could become effective on June 8.

Then once QVC meets the conditions within the plan, it should be able shortly thereafter to exit Chapter 11.

Erin Edelmen, of Armstrong Teasdale, notes the difference between QVC and Saks [5th Ave.] Global, another major retailer that filed for Chapter 11 this year.  Saks did not have a similar restructuring support agreement in place at the time of filing with its lenders or vendors beforehand and has since closed many stores. Many Saks creditors are wondering where they stand.

Doing a lot of legwork in advance was advantageous for QVC.

“If you pre-negotiate, setting forth how the creditors are going to be paid in full—especially the trade—you can have a much shorter time and a smoother process.”

QVC Group is working to refocus as home shoppers have moved away from TV and toward social media.  Since launching TikTok Shop just one year ago, QVC has credited for an influx of over a million new customers and a 19% increase in sales.

[They CallMe MRWILKES]

Yes, it's all going to change in some way very, very soon.

One of the fastest Chapter 11 reorganizations I've ever seen!

[Coastalcarolina]

I guess this means no Christmas in July this year?

😉

[BobShops]

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@Caaareful Shopper wrote:

source: JCK article, April 23, 2026

QVC Group is working to refocus as home shoppers have moved away from TV and toward social media.  Since launching TikTok Shop just one year ago, QVC has credited for an influx of over a million new customers and a 19% increase in sales.

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Gee...I wonder WHY "home shoppers have moved away from TV". Just boggles the mind eh?/sarc

I suppose it will be like ShopHQ that one day you will turn on the TV and go to the QVC channel and it will have a message on the screen and no longer available. At this stage, I won't be heartbroken. 

[Tori3569]

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@BobShops wrote:

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@Caaareful Shopper wrote:

source: JCK article, April 23, 2026

QVC Group is working to refocus as home shoppers have moved away from TV and toward social media.  Since launching TikTok Shop just one year ago, QVC has credited for an influx of over a million new customers and a 19% increase in sales.

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Gee...I wonder WHY "home shoppers have moved away from TV". Just boggles the mind eh?/sarc

I suppose it will be like ShopHQ that one day you will turn on the TV and go to the QVC channel and it will have a message on the screen and no longer available. At this stage, I won't be heartbroken. 

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Home shoppers have moved away from tv and specifically QVC because of technology and most people not staying home all day to take care of a household.   It's all tv shopping channels, not just QVC.  Not sure where your sarcasm is directed, but it's certainly shouldn't just be QVC.