QVC and Home Shopping Network have announced they will merge. The $2 billion deal makes the new entity the third largest e-commerce company in North America, behind Amazon and Walmart.
Here & Now's Peter O'Dowd is joined by Lindsey Rupp (@lcrupp), retail reporter for Bloomberg, to look at the impact of the announcement on a retail sector that is increasingly under pressure from online competition.
This segment aired on July 7, 2017.
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