HSN; Inc. (NASDAQ: HSNI) is a $3 billion interactive multi-channel retailer with strong direct-to- consumer expertise among its two operating segments; HSN and Cornerstone Brands. HSN; Inc. offers innovative; differentiated retail experiences on TV; online; in catalogs; and in brick and mortar stores. HSN; Inc. ships 50 million products and handles 50 million inbound customer calls annually. HSN; which created the television retail industry 31 years ago; now reaches 90 million homes (24 hours a day; seven days a week; live 364 days a year). HSN.com ranks in the top 30 of the top 500 internet retailers; is one of the top 10 trafficked e-commerce sites; and has more than a quarter million unique users every day. In addition to its existing media platforms; HSN is the industry leader in technological innovation including services such as Shop by Remote; the only service of its kind in the U.S.; and Video on Demand. Cornerstone Brands comprises leading home and apparel lifestyle brands including Ballard Design; Frontgate; Garnet Hill; Grandin Road; Improvements; Smith+Noble; The Territory Ahead; and Travelsmith. Cornerstone Brands distributes 400 million catalogs annually; operates seven separate e-commerce sites; and runs 25 retail stores
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