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  • Build-A-Bear Workshop posts Q4 loss; to unveil new store design

    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.

  • Survey: 3-out-of-4 people shopping with tablet in hand respond to on-site messaging

    SAN FRANCISCO — Three-of-every-4 consumers using smartphones and tablets respond to a call to action after seeing a location-specific message, according to the Mobile Audience Insights Report issued by JiWire on Wednesday.

  • Topco appoints interim president, CEO as full-time leader

    SKOKIE, Ill. — A member-owned cooperative serving the food industry has appointed a new leader.

    Topco has named Randall Skoda as its new president and CEO following the retirement of Steven Lauer. Skoda has served as interim president and CEO since December of last year. Prior to that, Skoda served as EVP for four years.

  • Westwood Financial Corp. sells retail center in Glendale, Ariz.

    Glendale, Ariz. -- Westwood Financial Corp. has sold Olive Square, an 86,225-sq-.ft. retail center in Glendale, Ariz., to seller North American Realty Acquisition Corporation for $6.3 million.

  • Sears cuts HQ staff by 100

    HOFFMAN ESTATES, Ill. — A spokesman for Sears Holdings Corp. said that the owner of Sears and Kmart stores is cutting 100 jobs at its headquarters in Hoffman Estates, Ill.

    According to Chris Brathwaite, Sears spokesman, the cuts cover a range of positions. The terminated employees were notified Thursday.

    The retailer has not said whether additional cuts are planned.

  • Nordstrom does discount: Rack outlets gain ground on full line stores in 2012

    Nordstrom’s transition from a retailer best known as an operator of upscale department stores to an off-price discounter is poised to continue in 2012 as expansion plans for Rack outlet stores outpace those of full line Nordstrom stores.

  • OfficeMax sets date for shareholders meeting

    Naperville, Ill. -- OfficeMax announced that it intends to hold its annual meeting of shareholders at 2 p.m. (Central Daylight Time) on April 30.

    The meeting will be held at the Hotel Arista at City Gate Centre, Naperville, Ill.
     

  • More men doing grocery shopping, Schnucks survey finds

    ST. LOUIS — Six percent more men are doing the primary grocery shopping for their families versus five years ago, according to results of a new survey by Schnucks.

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