Build-A-Bear, which remains heavily reliant on passing footfall to drive sales, has not been helped by the continued softness in mall traffic. Over the past few months, this continued to trend downwards with a consequent impact on custom and revenues.
Given the weakness of some malls, we are encouraged that Build-A-Bear
has been working to lessen its reliance on sales via traditional
stores, and to reshape its fleet in response to changing patterns of
demand.. . . more