Supply Chain & Merchandising

St. Louis -- Build-A-Bear Workshop said Thursday that it recorded net income of $8.3 million in the fiscal fourth quarter, compared with a loss of $0.9 million in the year-ago period.

Total sales for the period rose 2.2% to $125.8 million, from $123.1 million a year earlier. Same-store sales companywide dipped 3.7%.

For the full year, total revenues rose 1.4% to $401.5 million.

New York City -- Foot Locker said Thursday it has named Allen I. Questrom, along with Guillermo Marmol, to its board of directors, bringing the total number of directors to 11.

Questrom, the former chairman and CEO of J.C. Penney Co., Barneys New York and Federated Dept. Stores, now Macy’s, is currently a senior advisor to Lee Equity Partners.

Marmol is president of Marmol & Associates, and has a long background in information technology and systems.

Walmart Canada has selected DiJiPOP to provide on-demand shopper marketing technology solutions for its e-commerce site and to help power digital shelf space monetization efforts. DiJiPOP’s solution will complement Walmart Canada’s current advertiser program and provide a fully automated platform to more effectively connect brand marketing dollars with digital shelf space while integrating with the retailer’s existing proprietary vendor portal. Doing so will allow suppliers to reserve premium shelf space on the site.

Okay, stop snickering. Target this week revealed that the name of its new small format stores would be CityTarget. The company offered that nugget in connection with news that it would open a small-format store in downtown Chicago at the Sullivan Center development located in the heart of downtown at South State Street and Madison.

Cincinnati -- Kroger Co. announced late Wednesday that executive VP Donald E. Becker died Wednesday after suffering an aneurysm. He was 62 years old.

Becker started with Kroger as a clerk in 1969 in the Cincinnati-Dayton area and worked his way up to hold several leadership positions. In 2004, he became executive VP, a role in which he led the company's merchandising and purchasing among other duties, the company said in a statement.

By Kenneth A. Gruskin, [email protected]

New York City -- Borders Group filed for Chapter 11 bankruptcy on Wednesday. The troubled bookseller plans to close 30%, or about 200, of its most underperforming stores during the next few weeks. The long-expected filing will allow Borders to access new capital and reorganize its operations, Borders Group president Mike Edwards said in a statement.

Moorestown, N.J. -- Philadelphia-based Pennsylvania Real Estate Investment Trust (PREIT) said that Bubby’s Brisket, a new concept to South Jersey, is now open at Moorestown Mall, located in Moorestown, N.J.

The 1,017-sq.-ft. eatery is positioned in Moorestown Mall’s Food Court.