Facing challenges on several fronts, QVC said it hoped to significantly reduce its reliance on goods sourced from China, which account for about 50% of the company’s product costs — down from 55% five years ago but still vulnerable to Trump’s current 145% minimum tariffs on that country.

The company, which is working to become a live social shopping company, reported a 10% revenue drop in Q1 and swung to a loss.

Retailers are trying to navigate their way through economic uncertainty in 2025. Tariffs, inflation and lingering fears of a recession have left many Americans uneasy and pulling back on spending. Because consumer spending accounts for about 70% of U.S. economic activity, a retreat would heighten the odds of contraction for the U.S. economy.

QVC Group is seeing sharp drops in its business as shoppers are spooked by tariffs and reducing their time spent watching linear television, where QVC sells its wares. On Wednesday, QVC Group ...

Getting on Amazon and QVC spelled potential, according to Boyatt. "The impact of that is that I've got buyers from Lowe's, Tractor Supply, Target, Kroger — all of them said, 'Look, we like to be ...

The diffuse nature of imports, from final products to raw materials, makes it difficult to pin down the exact impact of tariffs. However, an estimate from the Federal Reserve suggests that ...

David Rawlinson; President, Chief Executive Officer, Director; Qurate Retail Inc Bill Wafford; Chief Administrative Officer and Chief Financial Officer; Qurate Retail Inc Gregory Maffei; Executive Chairman of the Board;

The reaction highlights the impact of Trump's tariffs on the flow of consumer products around the globe, forcing companies to shake up long-established patterns of manufacturing and sales.

Walmart Inc. plans to cut around 1,500 jobs, the Wall Street Journal reported on Wednesday, as the big-box chain tries to manage costs and accelerate decision-making amid broader efforts by retailers and consumers to navigate inflation and tariffs.