ValueVision Media, Inc. · Eden Prairie, MN United States ·(NASDAQ (GM): VVTV)
Company Description
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Shopaholic insomniacs turn on ValueVision Media's 24-hour, at-home shopping channel. Its ShopNBC unit, which trails industry leaders QVC and IAC/InterActiveCorp 's HSN , sells jewelry (more than a third of sales), computers and electronics, housewares, apparel, cosmetics, watches, and collectibles. The shopping network reaches some 72 million home throughout the US via cable and satellie TV. Programming is also streamed live on the Web. Typical viewers are women over 35 with household incomes exceeding $50,000. ValueVision Media also operates an e-commerce site (ShopNBC.com). The company has shut down its FanBuzz subsidiary, an e-commerce and solutions provider of affinity-based sports merchandise. To read the full description, subscribe now.
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Key ValueVision Media, Inc. Financials
| Company Type | Public - NASDAQ (GM): VVTV Headquarters |
| Fiscal Year-End | January |
| 2009 Sales (mil.) | $567.5 |
| 2009 Employees | 870 |
ValueVision Media, Inc. Executives
26 executives listed for ValueVision Media, Inc.'s Eden Prairie, MN location.
| Title | Name & Bio | Contact |
| Chairman | Randy Ronning | Network |
| President, CEO, and Director | Keith Stewart | Network |
| SVP and CFO | Frank Elsenbast | Network |
Competition
Competitive Landscape for ValueVision Media, Inc.
Jewelry sales depend partly on consumer income. Small jewelers can effectively compete with large chains because price isn't the main factor determining sales. Profitability depends on merchandising and effective marketing. Jewelry is sold not only by specialized jewelry retailers, but also by department stores and mass merchants. Because regular gross margins are very high, often 50 percent, mass merchants have been able to cut prices and take market share. Wal-Mart is the largest jewelry retailer in the US. To read the full description, subscribe now.Top ValueVision Media, Inc. Competitors
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