QVC is a multinational corporation
Multinational corporation
A multi national corporation or enterprise , is a corporation or an enterprise that manages production or delivers services in more than one country. It can also be referred to as an international corporation...

 specializing in televised home shopping
Shopping channel
Shopping channels are television specialty channels that present shopping related content, particularly for home shopping enthusiasts.-USA:* America's Store* Home Shopping Network* Jewelry Television* QVC* Shop at Home Network* ShopNBC...

. Founded in 1986
1986 in television
The year 1986 in television involved some significant events.Below is a list of television-related events in 1986.For the American network television schedule, please see 1986-87 American network television schedule.-Events:-Debuts:*September 6 –...

 by Joseph Segel
Joseph Segel
Joseph Segel is the founder of over 20 American companies, most notably QVC, an American television network, and the Franklin Mint, a producer of mail-order collectibles. He has been honored with a Lifetime Achievement Award from the Electronic Retailing Association and an honorary doctorate from...

 in West Goshen Township, Pennsylvania
West Goshen Township, Pennsylvania
West Goshen Township is a township in Chester County, Pennsylvania, United States. The population was 21,866 at the 2010 census. In 2009, Money Magazine voted West Goshen as the 11th best small town in America....

, United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

, QVC broadcasts in five countries as QVC US, QVC UK
QVC UK is a digital television shopping channel broadcast in the United Kingdom. It was formed in 1993 when QVC, Inc. formed a deal with Sky TV to create a UK version of the US channel. "QVC — The Shopping Channel" first broadcast in the UK on 1 October 1993. QVC UK - 20% owned by Sky - moved into...

, QVC Germany
QVC Germany
The United States channel was formed in West Chester, Pennsylvania. It is a multinational corporation, specialising in televised home shopping. It was founded in 1986 by Joseph Segel. QVC broadcasts in four major countries to 141 million consumers...

, QVC Japan and – QVC Italy to 200 million household
The household is "the basic residential unit in which economic production, consumption, inheritance, child rearing, and shelter are organized and carried out"; [the household] "may or may not be synonymous with family"....

s. The name is an acronym standing for Quality, Value, Convenience.
QVC was founded on June 13, 1986 by Joseph Segel. One of the first brands to sign a two year deal with QVC was Sears
Sears, Roebuck and Company
Sears, officially named Sears, Roebuck and Co., is an American chain of department stores which was founded by Richard Warren Sears and Alvah Curtis Roebuck in the late 19th century...

 products. Its first live broadcast took place at 7:30 PM ET on November 24 of that year, reaching 7.6 million TV homes.