Q4 sales at ValueVision Media, which runs ShopNBC, fell 17.5...
Q4 sales at ValueVision Media, which runs ShopNBC, fell 17.5 percent from a year earlier to $147.5 million. Its net loss ballooned to $8.3 million from $1.4 million a year earlier. Lower sales of consumer electronics devices hurt the company’s…
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results, CEO Keith Stewart said. “We expect our Consumer Electronics business to remain challenging during the first half of the year,” he said. “However, we have developed and are executing plans to help restore growth in this business segment."