Wednesday, November 12, 2008

QVC: Sending People Home to Shop

QVC to cut 5.8% of their staff, or sending 700 people home. These people will plop their bottoms down on their La-Z-Boy couches and channel surf and skip right on by the QVC home shop network. In fact, many other people are already doing the same!

Let's take a moment to reflect; shoping in big box stores is down, shopping in strip malls is down, shopping for luxury goods is down, shopping in malls is down, shopping in Walmart is up, shopping on the Internet is likely down, and now shopping on the phone is down! Notice a trend? Expect it to continue? I do and I do too!

QVC is headquartered in West Chester, Pennsylvania.

Related:
A Googol Reasons why the Great Ad Fallback Biz Model is Full of Fail
Consumer Spending Drops Most In 28 Years
Crisis of Consumer Confidence
Retail Closure and Unemployment

1 comment:

Kim Gail said...
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