Build-A-Bear Workshop Inc announced that Founder, Maxine Clark, has announced her plan to retire as Chief Executive Bear (CEB). Ms. Clark, will continue in her current position until a successor has been named and a successful transition has occurred. She...
St. Louis -- Build-A-Bear Workshop reported Thursday a loss of $8.3 million for the quarter ended June 30, compared with a $10.7 million loss in the year-ago period. Retail sales dipped 1.8% and same-store sales declined 1.7%. Chief executive bear Maxine Clark said she is focused on the future. “In just over a month, we will open our first newly imagined store design in St. Louis with five additional stores opening in major U.S. markets in the following weeks.” Clark reiterated the chain’s 2012 objectives – to introduce the new store design in six new stores starting in September;
Build-A-Bear Workshop announced that it's introducing a newly imagined store design in six markets across the U.S. in 2012. The new store design, which has been over two years in the making, merges the Build-A-Bear Workshop's hands-on bear-making process with technology to enhance the customer experience. “I'm very excited about the enhanced features that will allow us to continue to lead in the interactive retail space,” said Maxine Clark, founder and chief executive bear of Build-A-Bear Workshop.
Maxine Clark, the 63-year-old founder of Build-A-Bear, was always a shopper, even as a kid. So it made sense that she would wind up in retail. Clark eventually made it to the top as president of Payless ShoeSource. But the job wasn't enough. The spark was gone, she said. She left in 1996.
St. Louis -- Build-A-Bear Workshop reported a loss of $9 million for the fourth quarter, down from a profit of $8.3 million in the year-ago period. Total revenue dropped 5% to $119 million. The company said its profit and revenue took a hit when two movies it important product tie-ins with underperformed. In a conference call with analysts, Build-A-Bear CEO Maxine Clark said she was very disappointed by the fourth quarter results after sales increases in the second and third quarters. She noted that Build-A-Bear's key holiday products were related to the movies "Happy Feet Two" and "Alvin and
St. Louis -- Build-A-Bear Workshop reported Thursday a profit of $0.9 million for the third quarter, compared with a loss of $1.4 million in the year-ago period. Sales rose 3.1% to $95.4 million, and same-store sales increased 1.1%. “We remain optimistic about our business and expect the ongoing implementation of our strategies to enable us to continue our positive performance,” said Maxine Clark, Build-A-Bear Workshop’s chairman and chief executive bear. International revenue surged 14%. During the quarter, the company opened three stores and closed one store across geographies. For the full fiscal year, Build-A-Bear said it expects to open