Viewers of the popular show, Shark Tank, know that Lori Greiner made her millions because of the QVC-TV.
Despite Lori's success, retail has always been a tough business. How do you convince thousands or millions of customers to shop at your store, buy your products, and then, hopefully, come back to buy more?
For the investing community, there are a few options to try and strike it rich in retail. There is, of course, the traditional physical retail store, like Best Buy or Target. Then there are the online options like Amazon.com.
Recent history has, without question, favored the online players. This chart sums up the story pretty convincingly.
And now, there's an alternative. A business that eschewed the physical store model before there was an Internet. A business that has survived the consumer move from in store to online. A business that, after several years of private ownership, will soon be trading publicly on a stock exchange near you.
That's right... QVC, the television network superstore, is back in a big way. In the video below, Motley Fool contributor Jay Jenkins discusses QVC's unique model of doing business, and explains why this news is making big waves on social media.
Want to get trending business and investing news stories in your newsfeed? Click LIKE here!