ShopNBC.com sales reach $43 million for the second quarter
ValueVision Media Inc. rang up web sales of $43 million for the second quarter ended August 5. Total sales increased by 10% to $187 million from $170 million in Q2 2005. Net loss for the quarter was $700,000 compared with $1.4 million last year.
ValueVision operates ShopNBC.com, No. 64 in the Internet Retailer Top 500 Guide to Retail Web Sites. E-commerce sales represent 23% of total sales for ValueVision. The company did not break out web sales and other e-commerce specifics for the second quarter of 2005.
During the quarter ValueVision launched a redesign of ShopNBC.com, which features enhanced site navigation.
Back...
