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George noted that the debate about retail is often framed as online versus bricks and mortar. But he added that Qurate, primarily through its QVC and HSN television networks, represents a third way of shopping -- and that TV is not dead yet despite all the talk of declining viewership.
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Retailers cash in on Black Friday and Cyber Monday spending. Our broadcast viewership is growing," George said. And we believe that will ultimately drive sales. We need to make content relevant for all platforms," George said. Qurate also is benefiting from what is still a pretty healthy economy. George said that it looks like the holiday shopping season is off to a promising start, with strong demand in particular for Apple AAPL products, Bose speakers and kitchen goods. QVC's mobile ordering increased too, as more consumers shop on their smartphones.
Consumers have plenty of options for mobile and physical shopping. Amazon AMZN is the king of online commerce right now and has increasingly made more forays into brick and mortar as well.
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