STORE SPACES

Build-A-Bear Workshop going out to sea

BY Marianne Wilson

Build-A-Bear Workshop is teaming up with one of the world’s leading cruse lines.

The retailer has entered into a partnership with Carnival Cruise Line to bring its retail-entertainment experience to the line's fleet.

The first Build-A-Bear Workshop At Sea will debut aboard Carnival Dream, and is expected to be in place aboard all 25 Carnival ships by summer 2017.

Participants will be able to make their custom-designed bears at pop-up Build-A-Bear Workshop At Sea workstations located within the ships’ Camp Ocean facilities. The pop-up workstations will be set up at designated times throughout the cruise and include everything to make one of the retailer’s signature bears, and will feature racks filled with various outfits and accessories as well as the brand’s iconic “stuffer” that allows participants to add soft stuffing to make their bear as plush and cuddly as they want.

In A Build-A-Bear At Sea party will also be offered each cruise, complete with music, bear-themed snacks and photo opportunities.

"Build-A-Bear Workshop stores have always been a destination for families, and our partnership with Carnival Cruise Line will offer passengers the chance to take part in the fun of making new furry friends while onboard," said Sharon John, president and CEO of Build-A-Bear Workshop. "The arrival of the new Build-A-Bear Workshop experience on Carnival Cruise Line ships is an exciting example of how we're bringing our nearly 20-year-old brand into more places than ever before."

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Barnes & Noble adds attractive concept to campus stores

BY CSA STAFF

Barnes & Noble has previously ventured into new product categories such as e-readers and toys and games, but the bookseller is going further outside its established niche than ever before.

According to Racked, Barnes & Noble is launching a new store-within-a-store beauty concept called The Glossary at four campus locations. The Glossary is aimed at 18-to-24-year-old consumers, who are a prime demographic for beauty items. The retailer also acknowledges Sephora as a prime influence on the concept.

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Fast-fashion giant profit slides; remains upbeat about store growth

BY Marianne Wilson

H&M isn’t letting a weak second quarter performance stand in the way of its ambitious expansion plans.

The Swedish retailer’s profit in the quarter, which ended May 31, fell 17% to 5.357 billion Swedish kronor ($649.6 million), according to MarketWatch, as unusually cool weather dimmed sales of spring clothing and a strong U.S. dollar added to its costs. The strong dollar will have a negative impact on purchasing costs for the third quarter and a neutral effect in the fourth, the chain said.

Sales increased 2% to 54.34 billion Swedish kronor ($6.56 billion). Sales rose 1% in the United States, which is H&M’s second largest market after Germany.

H&M CEO Karl-Johan Persson was upbeat in comments released with the company’s second quarter results.

“The combination of strong brands, a large body of retail stores in good locations and a successful e-commerce business puts us in a unique market position for future growth,” he said. “Although e-commerce is growing fast, there is still great potential for the H&M group to continue to expand through physical stores – so for us, our continued focus is to grow both through physical stores and online, as well as to integrate these two sales channels.”

The retailer plans a net addition of some 425 new stores in 2016, with an emphasis on growth in China and the United States. It also will enter New Zealand and Cyprus in the fall.

Next year we plan to open four or five new H&M markets, of which Colombia will be one,” said Persson.

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