Macy’s plans to close a store located in downtown St. Louis at the Railway Exchange Building on Olive Street, with a final clearance sale beginning Sunday, June 2 that is expected to last about 10 weeks.

Build-A-Bear Workshop has gone high-tech. The company has debuted a new store design that combines its signature hands-on bear-making experience with innovative technology that’s right in line with today’s digitally savvy kids.

Simon Property Group said that a new lineup of tenants has committed to opening at its St. Louis Premium Outlets property in Chesterfield, Mo., bringing the center to 75% pre-leased.

Build-A-Bear Workshop reported a loss of $8.3 million for the quarter ended June 30, compared with a $10.7 million loss in the year-ago period.

Simon Property Group announced that Saks Fifth Avenue Off 5th will open a total of seven new stores in the next two years in its Premium Outlets division, including new centers and existing centers.

Peoria, Ill.-based Cullinan Properties announced that The Art Institute of St. Louis has signed a lease and will be opening a school at the new Streets of St. Charles mixed-use development, with classes scheduled to begin in July.

Bloomington Hills, Mich.-based mall owner Taubman said that it has broken ground on a high-end outlet mall in Chesterfield, Mo., in suburban St. Louis.

HBD Construction said that it teamed with grocer Dierbergs to build a freestanding store in St. Louis that features an underground parking garage.

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.

Brown Shoe Co. said that while profit rose dramatically in the third quarter thanks to a business unit divestiture, the retailer will cut several of its lines and close underperforming stores nationwide to shore up profitability.

Electronics and appliance retailer Hhgregg reported that net income for the quarter ended Sept. 30 rose to $6 million from $3.9 million in the year-ago period.