http://pitchandship.com News about direct response, network television and affiliated e-commerce Thu, 02 Feb 2012 21:01:07 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 http://pitchandship.com/2008/10/31/qvc-sales-fall-27-in-third-quarter/ http://pitchandship.com/2008/10/31/qvc-sales-fall-27-in-third-quarter/#comments Fri, 31 Oct 2008 16:17:32 +0000 admin http://pitchandship.com/?p=317 [...]]]> Operating income before depreciation and amortization declined 14 percent to $312 million.  In a conference call, QVC ceo Mike George attributed the declines to the credit crunch, which has reduced the rate of customer purchases and led to more missed payments on QVC-issued credit cards.  Liberty Interactive Group’s tracking stock fell 23 percent (to $4.90) on the news.  Bloomberg.com Oct. 30, 2008

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