Qurate Retail Inc Stock Price, News & Analysis

Qurate Retail, Inc. (NASDAQ: QRTEA, QRTEB, QRTEP) announced that David Rawlinson, President & CEO, will present at the Bank of America Consumer & Retail Conference on March 14 at 2:40 p.m. E.T. The presentation will cover the company's financial performance and outlook. Interested individuals can register for the live webcast on the Qurate Retail website, with an archive available post-event. Qurate Retail operates several leading brands, including QVC® and HSN®, reaching over 200 million homes globally through various platforms.

Ballard Designs has launched its first stand-alone retail store in Mount Pleasant, South Carolina, marking the brand's entry into the state. The new store, which spans almost 9,000 square feet, is part of a multi-year expansion plan encompassing 13 states and 19 locations. Positioned near historic downtown Charleston, the store offers indoor and outdoor furniture, design services, and a variety of home décor products. Open daily from 10 a.m., the store aims to cater to both home enthusiasts and professional designers.

Qurate Retail Group has initiated a celebration of Black-owned businesses during February to honor Black History Month. The company has launched several brands across its platforms, including QVC and HSN, featuring products from culinary, beauty, and fashion sectors. Notably, Bouffants & Broken Hearts offers vibrant apparel, while LYS Beauty focuses on clean cosmetics for all skin types. Celebrity chef Lorna Maseko has introduced a cookware line at HSN, promoting stylish, functional kitchen essentials. Additionally, ChicNiCity presents a clothing collection that reflects cultural heritage. Qurate aims to support diversity, equity, and inclusion through these initiatives.

QVC, a leader in video commerce, launched a new performance wear line called Gymwrap, co-founded by Nicole Ari Parker and Boris Kodjoe, on February 21, 2023. This activewear collection is tailored for women with busy lifestyles, featuring a range of products including headbands, T-shirts, leggings, and jackets, priced between $22 and $54. The couple will debut the line live on QVC on February 24, 2023. This collaboration emphasizes size inclusivity and affordability, catering to the unique needs of women, particularly in relation to hair protection during exercise. The launch aligns with QVC's commitment to empowering women through curated fashion offerings.

Qurate Retail, Inc. (NASDAQ: QRTEA, QRTEB, QRTEP) announced a quarterly cash dividend of $2.00 per share on its 8.0% Series A Cumulative Redeemable Preferred Stock. This dividend is payable on March 15, 2023, to stockholders of record as of February 28, 2023. The company is a leading player in video commerce, reaching over 200 million homes globally through its various retail brands, including QVC and HSN.

Qurate Retail Group announced that 22 of its team members received the 2023 BEYA Modern-Day Technology Leader award at the 37th Annual BEYA STEM Conference. This recognition, awarded by the Career Communications Group, highlights outstanding performance in STEM fields. The awardees represent various roles from Information Technology to Customer Service across Qurate's brands, including QVC and HSN. Vice President Virginia Nguyen emphasized the company's commitment to diversity, equity, and inclusivity in STEM careers. Qurate also sponsored the conference, enhancing its focus on attracting diverse talent in the industry.

On January 26, 2023, QVC launched The BFF Collection by Jennie Garth and Tori Spelling, featuring exclusive home décor items designed to enhance functionality and style. This collection includes 11 curated products like entertainment carts and decorative pillows, priced between $49 and $242. Garth and Spelling, known for their role in "Beverly Hills 90210," aimed to bring personal inspiration into their designs. The collection is exclusively available on QVC and marks a significant addition to their home product lineup. QVC, part of Qurate Retail (NASDAQ: QRTEA, QRTEB, QRTEP), leverages its live video commerce platform to promote these new offerings.

QVC has launched the exclusive BFF Collection by Jennie Garth and Tori Spelling on January 26, 2023. This curated home décor collection is designed to simplify decorating while adding style to any space. The collection features 11 items, including entertainment carts and decorative pillows, priced between $49 and $242. Garth and Spelling drew inspiration from their long-standing friendship in creating the collection. Their live on-air debut occurred at 8 p.m. EST on the same day. QVC emphasizes providing affordable, sophisticated home accents through its influential video commerce platform.