"Mike George, the head of QVC, said the second-quarter’s results were helped by good sales growth in most markets, but he added that a slowdown in demand at the end of the quarter has continued. Meanwhile, Liberty’s chief executive, Greg Maffei, said QVC is moving into a 'choppy retail environment.'"
http://www.wsj.com/articles/qvc-operator-liberty-interactive-warns-on-choppy-retail-environment-1470407305