QVC Group to file Chapter 11 bankruptcy to restructure $5B debt, continue operations.

QVC Group announced plans to file for Chapter 11 bankruptcy to restructure its approximately $5 billion debt while maintaining normal business operations. The company aims to operate as a debtor-in-possession and emerge from bankruptcy in about 90 days, subject to court and creditor approval. This move follows financial struggles including a $2 billion operating loss in 2025, declining sales, and reduced TV viewership. The filing may lead to delisting from the NYSE and trading shifts to over-the-counter markets, impacting liquidity and volatility.