Aussie kids favourite store Build-A-Bear closes its doors
The company has gone into voluntary liquidation
By Frances Sheen
March 18 2019
Every kids' favourite cuddly toy store, Build-A-Bear Workshop, has been placed into voluntary administration.
Ten of the company’s 30 stores across Australia are closing within the next few weeks – including Eastland, Garden City, Carousel, Marion, Green Hills, Logan Hyperdome, Kawana, Mt Ommaney, Werribee and Miranda.
The company has confirmed that any gift cards can STILL be used at the chain’s remaining stores.
Build-A-Bear is a favourite spot for kids parties as you can build a cuddly toy from scratch, choosing the animal, the fur, the clothes, the accessories and even record its voice.
It's believed that an increase in operating costs and declining shopping centre foot traffic are being blamed for the company’s recent dive in performance.
Paige Fleming, who works at the chain’s Logan store, told the Courier Mail she was really upset over the store closure.
‘We are all pretty gutted,’ she said. ‘We weren’t told why we were closing but any excess stock will go to the other outlets at Carindale and the Gold Coast.’
Chief executive Gavin Port said Build-a-Bear Australia said, ‘We have an incredibly dedicated team, and have an established brand that resonates with consumers of all ages. We want to thank our entire team and our valued customers and suppliers who have been great supporters of the brand over the last 14 years.’
‘The company will continue to focus on bringing smiles and a unique experience to our guests.'