St. Louis — Maxine Clark, founder of Build-A-Bear Workshop, Inc., plans to retire as CEO. The company also plans to close 50-60 stores in 2013 and 2014 and remodel/relocate 40-50 locations.
Minneapolis — Best Buy Co., Inc. has appointed Hatim A. Tyabji as chairman. The transition follows the abrupt announcement that Founder and Chairman Richard Schulze would be resigning immediately.