I can think of no better analogy to what the retail industry is facing now that QVC is merging with HSN under Liberty Interactive Corporation. The combined QVC/HSN companies suddenly emerge as a major retail competitive threat ready to do battle with Amazon and Walmart/Jet in the next retail frontier: Virtual Retail. Competing in that virtual retail world, QVC/HSN have a critical competitive advantage. But truly disruptive.”Of course, the prospects for QVC/HSN to reshape the retail landscape in a truly disruptive way remains only potential. Success in virtual retail requires a powerful triple play: fun and entertainment, being great merchants, and personal connection.
Source: Forbes July 07, 2017 19:41 UTC