Valuevision, which sells merchandise through TV- and Internet-based channels, had a year right out of a daytime drama. Put aside its net loss: 2008 saw it dismiss a newly hired CEO, fail to generate interest from outsiders interested in purchasing it and revamp its product mix.
First, the financial results. Valuevision generated $565.4 million during its fiscal 2008, a drop from the $767.3 million it pulled in during 2007. The company reported a net loss of $97.8 million during 2008, compared with net income of $22.5 million during 2007. Valuevision
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