Re: Lay offs

THEY CallMe Mr Wilkes · ‎06-29-2016

Not factually correct.

"On December 31, 2018 Qurate Retail transferred its 100% ownership in HSN to QVC through a transaction among entities under common control."

Therefore, QVC owns HSN stock, stock and stock.

Qurate Retail has only 3 consolidated subsidiaries:

QVC Inc.

Zulily

Consolidated Brands

QVC Inc. includes QXH US and QVC International.

jackiejenny · ‎10-23-2011

@Caaareful Shopper wrote:
@jackiejenny wrote:
I listened to a podcast with Marvin Segel, son of QVC's creator Joseph Segel.

He too, thinks QVC is in major trouble and headed in the wrong direction.

Too many mistakes for too many years.

I predict more massive cuts are coming in 12/18 months, maybe sooner.
@jackiejenny I listened as well.

Interesting that Joseph Segel created the QVC Board of Directors intentionally with two game show developers on the board. He wanted to make sure the viewers remained engaged so they would stay around to shop.

According to Marvin Segel:

The future in selling is partnering with social media influencers with at least 500,000 to 1,000,000 followers.

Dual hosting shows is, in most cases, a waste of talent.

The hosts are not engaging the viewer the way they should.

Not out on the road anymore.

No real vendor training.

Mistake to primarily promote their different shows on their own channel. Basically, preaching to the choir. Not enough promotion on network television and other viewing outlets to gain new customers.

Product expert should be paired with more social media influencers to bring in their followers to the channel.  The shopping channels' are really behind in teaming with social media influencers. No show host has the number of followers needed to do what social media influencers can do for TV shopping channels.

For those that still don't know -- QVC owns HSN. (I don't know how this is still a debate, but here's yet one more statement about it.)

The TSV was created solely because they had a lot of a product and needed to get rid of it. So "they trained the consumer to be excited to stay up till midnight" for a so-called special product.

The future is in streaming services, and content shopping (which is while watching a TV show, I see an item I want to buy and I can buy it right then).

@Caaareful Shopper FASCINATING article and I thank you for posting it. On the board part, I thought that was rather ingenious to put game show hosts there, as if they didn't have experience on how to keep the masses engaged, I am not sure who would have BACK THEN.

The having two hosts on is a waste of talent...totally agree and I think most have been loudly saying that for a LONG time.

The host not engaging the viewer has also been out of control in favor of making it about themselves instead of the product, turning too many people off with family stories completely irrelevant to the product, and just unprofessional conduct in general.

Not having the 50/50 tours have added to the products getting stale and not getting to see new and interesting things.

I did not know howthe TSV was created, but now that I do, it makes perfect sense. The "training" worked like a charm.

I believe Marvin Segel knows how this business works (and then some) believe streaming is the future.

22eyesblue · ‎09-08-2010

@NYCLatinaMe

You are absolutely right on every point.

Employment discrimination is VERY difficult to prove.

And, unfortunately the pursuit of justice can be costly and damaging.

NYCLatinaMe · ‎01-14-2017

@THEY CallMe Mr Wilkes wrote:
Not factually correct.

"On December 31, 2018 Qurate Retail transferred its 100% ownership in HSN to QVC through a transaction among entities under common control."

Therefore, QVC owns HSN stock, stock and stock.

Qurate Retail has only 3 consolidated subsidiaries:

QVC Inc.
Zulily
Consolidated Brands

QVC Inc. includes QXH US and QVC International.

Hi @THEY CallMe Mr Wilkes not sure what you are quoting. Maybe an old press release?

Not sure about the need for hairsplitting either.

"QVC, Inc." owns both QVC and HSN, the corporate structure probably irrelevant to consumers.

From the Qurate website just now:

"Qurate Retail, Inc. is a Fortune 500 company comprised of seven leading retail brands – QVC®, HSN®, Zulily®, Ballard Designs®, Frontgate®, Garnet Hill®, and Grandin Road® (collectively, “Qurate Retail GroupSM”) - all dedicated to providing a more human way to shop. ... QxH (comprised of QVC US and HSN) is an innovative retailer that markets and sells merchandise through its U.S. televised shopping programs, mobile apps, websites and OTT platforms. Shoppers can purchase a wide range of products .... QxH reaches more than 80 million homes...."

"QVC, Inc." is a wholly owned subsidiary of Qurate that "includes QVC U.S., QVC International and HSN."

NYCLatinaMe · ‎01-14-2017

@Caaareful Shopper wrote:
...
Interesting that Joseph Segel created the QVC Board of Directors intentionally with two game show developers on the board. He wanted to make sure the viewers remained engaged so they would stay around to shop.
...

@Caaareful Shopper I had forgotten about the games! When I first started watching QVC and HSN they had games that callers could participate in and win prizes! HSN had a little horn... really kitschy stuff...

Not 2 Day · ‎03-08-2023

@NYCLatinaMe wrote:
@THEY CallMe Mr Wilkes wrote:
Not factually correct.

"On December 31, 2018 Qurate Retail transferred its 100% ownership in HSN to QVC through a transaction among entities under common control."

Therefore, QVC owns HSN stock, stock and stock.

Qurate Retail has only 3 consolidated subsidiaries:

QVC Inc.
Zulily
Consolidated Brands

QVC Inc. includes QXH US and QVC International.

Hi @THEY CallMe Mr Wilkes not sure what you are quoting. Maybe an old press release?

Not sure about the need for hairsplitting either.

"QVC, Inc." owns both QVC and HSN, the corporate structure probably irrelevant to consumers.

From the Qurate website just now:

"Qurate Retail, Inc. is a Fortune 500 company comprised of seven leading retail brands – QVC®, HSN®, Zulily®, Ballard Designs®, Frontgate®, Garnet Hill®, and Grandin Road® (collectively, “Qurate Retail GroupSM”) - all dedicated to providing a more human way to shop. ... QxH (comprised of QVC US and HSN) is an innovative retailer that markets and sells merchandise through its U.S. televised shopping programs, mobile apps, websites and OTT platforms. Shoppers can purchase a wide range of products .... QxH reaches more than 80 million homes...."

"QVC, Inc." is a wholly owned subsidiary of Qurate that "includes QVC U.S., QVC International and HSN."

@NYCLatinaMe I don't see it as hair splitting. It's actually very very important to know the difference. Quarte owns them both (QVC and HSN); however QVC owns the sister entity which is HSN. That's a big difference.

It might not matter to the consumers who purchase, but I'd bet a coupla dollars it matters to the Board of Directors and Qurate's Shareholders

THEY CallMe Mr Wilkes · ‎06-29-2016

Of course the structure of the organization is of great importance. It is determined and mapped with great care, decision and analysis, though it may mean little to the casual observer. It is quite purposeful.

The factual information I provided is from the Qurate 10-K filed with the SEC last week and describes Qurate and its subsidiaries as they currently exist.

Organizational structure matters for many reasons, including the ease of future subsidiary sales and spinoffs, debt issuance from specific subsidiaries (and the security provisions) and how a future Chapter 11 filing may be formed.

Structure is also used for the reporting of financial results. Qurate reports operating results for CBI, Zulily and QXH as discrete entities.

Most definitely not "hair-splitting" from the perspective of the corporation and its needs, website verbiage is irrelevant.

wifey2qt · ‎06-10-2015

When a company goes thru a reorganization, they go thru a RIF (Reduction In Force) process, which is blessed by their legal department - there is a formula. There are many data points reveiwed to make sure no labor laws are being violated.

Although I cant' speak for QVC specicfcially, often anyone over the age of 40 may be entitled to enhanced severance benefits.

Eveyone has the right to go to their own lawyer to review before accepting the agreement.

You're still out of a job, but if there is truly any discrimination, the Q will be sued.

Those over a certain age are taking this WAY to personally - but its life and you have to make room for the next generation.

CalminHeart · ‎03-09-2010

@PamfromCT wrote:
@CalminHeart, You are correct about the “Employment at Will” law.
On the flip side, it applies also to employees, at will.
This law states you can leave your employment at any time, and for any reason.

This law does not mean employers are allowed to practice discrimination due to age, race, country of national origin.

Laws may say big corporations can't discriminate but that doesn't stop them from doing so "under cover" of something else, especially with long-term or older employees.

None if the at-will laws reference employees. Every one of them gives more power to corporations and less power to employees. In our current society, at-will does not apply to employees. This is now a country with corporations calling the shots.

I was in a position to know before I retired. I've seen and heard things that would make you physically ill.

CalminHeart · ‎03-09-2010

@Kachina624 wrote:

@CalminHeart wrote:

Employment laws are “at-will” in all U.S. states except Montana. This means an employer can fire you or lay you off for any reason or no reason.

The U.S. is one of very few of countries where employment is predominantly at-will.

Most countries throughout the world allow employers to dismiss employees only for cause.

Like it or not, this is the law state legislatures and governors adopted. Stop complaining or do something about it.

@CalminHeart Of course an employer has to be very careful not to violate any civil rights laws in excerising "employment at will". He would be subject to complaints if he, for instance, laid off everyone over age 55 or just people of one race. It can be a slippery slope.

I was in a position 'to know' at a huge international corporation. I saw that (and other) corporations do things that would curl your hair. They easily get around discrimination laws.