Build-A-Bear management says that it plans to eventually increase its international reach to between 70 to 75 units in the UK and about 300 stores in other non-domestic countries. The retailer currently has 38 stores in England and Ireland, as well 27 in other countries.
Management says it expects to be busy in the US as well. "We still have a lot of potential to add to our market share here," said Maxine Clark, the company's chief executive "bear," during its third-quarter conference call.
She outlines the potential for a total of 350 stores in the US, up from the 213 it currently operates. During the quarter, which ended Sept. 30, Build-A-Bear opened 10 new units; a total of 32 openings are planned for the entire fiscal year.
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