He says a company he works with in Ohio approached the shopping network with several ideas, but they only picked the Safe T Stool to feature.”We are very excited. It’s been a long time coming, so. A lot of people locally know about the Safe T Stool, but QVC is pretty much going to put us on the map.” says Pontiff.Pontiff says the national roll out of his invention may have happened a lot sooner if he didn’t insist on keeping his products American made.
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The retailer also took over an 86,000 square foot former Mervyns in Cerritos, Calif., last year and a 91,000 square foot location in Times Square in New York. Its new Las Vegas flagship is 127,000 square feet, about the size of an average Target, and in September, it will open a store in Mission Viejo, Calif., in a building previously occupied by Saks. Its biggest store, at 150,000 square feet, opened last month at a shuttered Gottschalks location in Fresno, Calif..
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When it considers branching out into other product lines, Alibaba should think more like Amazon than eBay, Hsu suggests. EBay has not strayed much from its auctions business, but Amazon parlayed its online bookselling operations into areas such as video, cloud services and consumer devices. According to Hsu, areas Alibaba could look into are health apps, smart watches and other connected devices.