Word: clarks
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Everywhere maxine clark goes, people ask her, "Are you the bear lady?" And it's not because she has a cuddly stuffed bear named Curly strapped into the backseat of her car. A former shoe executive, Clark, 56, is the founder and chief executive of Build-A-Bear Workshop, a mall-based toy retailer that has sold more than 26 million customer-made teddies ($10 to $25 each; outfits and accessories cost extra) since it opened its first store in St. Louis , Mo., eight years ago. Today the chain has more than 180 U.S. stores and 16 overseas franchises; last...
...month nicking 25% from B-A-B's share price after the company said same-store sales would increase just 2% or 3%, compared with a 13.8% sales increase in last year's first half. The stock recently regained some ground, to around $24 a share. "We overestimated," says Clark, explaining that last year's muscular performance was unsustainable. Clark thinks earnings could still rise 26% to 32% in 2005--great for most companies but ordinary compared with last year's 163% jump...
...outstanding choice for this important role,” Clark said in a press release. “He has been a wonderful partner for me over the last ten years, and is respected by all who know him. I am confident he will lead HBS wisely and well until a long-term Dean is named...
...fortunate to have someone of Jay’s professional experience and personal qualities to lead HBS during the pendency of the search for a long-term successor to Kim Clark,” he added...
...Clark also had kind words regarding his successor...