BNET Industries
Market Cap:$144.2M
Last Fiscal Year Sales:$781.5M
- Public
- US
Dow Jones Description
ValueVision Media is multi-channel, direct-to-consumer retailer that sells general merchandise to consumers through television, the Internet, and direct mail. Founded in 1990, the Company operates the third largest television home shopping network in the United States - ShopNBC - and is a leader in upscale television home shopping. The network is available in 67 million homes through analog and digital cable as well as on DirecTV (channel 370) and Dish Network (channel 228). The ShopNBC television network is also broadcast on the Internet at ShopNBC.TV. ShopNBC broadcasts its product offerings live 24 hours per day, seven days a week. Customers increasingly buy on the Internet as well as through the television channel. In 2006, sales at the Company's flagship site - ShopNBC.com - comprised 24% of total sales. ShopNBC leverages the world-renowed NBC brand into the commerce arena, where the ShopNBC brand is synonymous with quality and value. The Company?s corporate headquarters, broadcast facilities, customer service, and jewelry fulfillment are located in Minnesota. The Company also maintains fulfillment facilities in Kentucky and provides customer service and fulfillment services to Polo.com. ValueVision Media, Inc., has been publicly traded since 1991 on NASDAQ under the symbol VVTV. For product offers and channel listings, visit ShopNBC.com.
Number of Employees 870
Contact Information
6740 Shady Oak Rd
Eden Prairie, Minnesota 55344-3433
(952) 943-6000
Peer Companies
NAICS Code Mail-Order Houses: 454113
Recent Events
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ShopNBC VVTV Announces Revolving LOC of Up To $20M from PNC Bank PNC
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ShopNBC Launches Online Cellular Store, Powered by Simplexity
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ValuVision stock declines as 3Q losses narrow
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ShopNBC: ShopNBC to Unveil Fourth Painting of Thomas Kinkade Disney Dreams Collection
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ShopNBC to Launch Sensa Weight-Loss System August 30
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ShopNBC 2Q Sales -16% But Reports Record Units Sold
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ShopNBC reports loss, but less than last year
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ShopNBC Announces Second Quarter Fiscal 2009 Financial Results
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Fashion Expert Khaliah Ali Joins ShopNBC as Guest Host of Show Series "Boutique Chic"
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ShopNBC Board Appoints Direct Response Veteran Edwin P. Garrubbo as Director
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ShopNBC Board Appoints Direct Response Veteran Edwin P. Garrubbo
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E-commerce veteran Randy Ronning takes over as chairman at ShopNBC
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ShopNBC Board Appoints Randy Ronning as Chairman
News & Analysis
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retail and valuevision media inc. - All News and Analysis
HSN: What's Caught My Eye? 17 New Highs in 20 Trading Sessions
Jim Van Meerten submits: HSN Inc. HSNI known by most of you as the Home Shopping Network was added to my Wall Street Survivor portfolio and is covered on my blog Financial Tides. What caught my eye was 17 new highs in 20 trading sessions and press releases that...
ValueVision Still Looks Cheap for the Long Term
Jae Jun submits: With all the attention ValueVision VVTV has been receiving lately, it’s been a while since I opined about it. Let’s discuss some points on VVTV regarding some interesting discussions I have had, recent news and what to expect. by Jae Jun
Will ValueVision Ascend the Internet Retail Market?
Jae Jun submits: Todd Sullivan of Value Plays recently posted some retail numbers and discussed Sears' SHLD internet presence. However, I noticed it included numbers for ValueVision’s VVTV competitors QVC and HSN so I went to the source of data to try and find some more information. [click to...
What Does ValueVision's Stock Restructure Mean?
Jae Jun submits: As previously mentioned, the big cause of concern related to ValueVision VVTV was its upcoming redemption of [[GE]] Capital’s preferred stock which would have wiped out most, if not all, of VVTV’s cash and put it close to bankruptcy. Instead, they have been able to restructure...
ValueVision Media: Auction Process Has Failed
Greenbackd submits: Our posts on ValueVision Media Inc. VVTV attract more attention than any other posts on this site, though we exited the position last year. We initially liked VVTV because it looked like a cheap net net with other potentially valuable assets. That was a mistake. VVTV has...
ValueVision's Bad News Far Outweighs the Good
Jae Jun submits: Disappointingly, ValueVision VVTV announced Tuesday that they were unable to find any bidders for the company. Along with an expected bad Q4, the news caused the stock to end 44% down for the day but was at one point down over 50%. With no sale in...
4 Risks Related to Uncertainty in ValueVision
Jae Jun submits: This post is an update to ValueVision Inc VVTV according to the latest 10-Q filing on Dec 11, 2008. Click here to read the first post on VVTV to get the background information and valuation numbers as I will be skipping some sections that I feel...
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