Build-A-Bear Was Failing. Here's How This CEO Turned It Around — and Achieved Record-Breaking Revenue. Sharon Price John, the CEO of Build-A-Bear, discusses how she embraced change and transformed the once-struggling mall-based retailer into a thriving multi-dimensional brand.

By William Salvi Edited by Chelsea Brown

Opinions expressed by Entrepreneur contributors are their own.

Stepping into the Build-A-Bear headquarters in St. Louis, Missouri, I was eager to sit down with Sharon Price John, the CEO who has transformed the company since taking the helm in 2013. With over 550 locations across 25 countries and a stock that has skyrocketed nearly 700% since Covid, it's clear that Build-A-Bear is no ordinary retail brand. My conversation with Sharon was not just about plush toys — it was about leadership, adaptability and the power of brand reinvention.

Related: How a 'Family-Vibe' Helped This Entrepreneur Build a $938 Million Business

From the outset, Sharon exuded a deep understanding of branding. She spoke about how financial struggles can be fixed, but a weak brand is far more difficult to turn around. When she stepped into Build-A-Bear, it wasn't the brand that was broken — it was the business model. Retail was declining, ecommerce was rising, and the recession was fresh on everyone's mind — forcing the company to rethink its strategy. Instead of fighting against change, she leaned into it, expanding the company's digital presence, forming high-profile partnerships and ensuring Build-A-Bear remained culturally relevant.

One of the most striking aspects of our conversation was her philosophy on change. She acknowledged that failure is often the biggest catalyst for transformation. The company had to pivot from being a mall-based retailer for kids to a multi-dimensional brand that catered to a wider demographic. From strategic licensing deals with Pokémon and Star Wars to the expansion into digital content and ecommerce, Sharon made it clear that Build-A-Bear was no longer just about making teddy bears — it was about creating experiences.

Beyond business strategy, Sharon also had a personal connection to the emotional side of the brand. When I went through the bear-building process myself — recording a heartfelt message for my daughter — I was reminded why Build-A-Bear is such a beloved brand. The company doesn't just sell stuffed animals; it sells nostalgia, connection and memories. Sharon understands this better than anyone, and her leadership reflects a blend of business acumen and emotional intelligence.

As we wrapped up, I was left with a profound respect for her leadership. She's not just running a company — she's shaping its future in a way that ensures it remains relevant for generations. She may not be the founder, but she carries the same passion and vision that many founders do. In an era where retail is constantly evolving, Build-A-Bear isn't just surviving — it's thriving, thanks to a CEO who embraces change, innovation and the magic of human connection.

Related: How OLIPOP's CEO Is Taking on Big Soda — and Winning

William Salvi

Entrepreneur Leadership Network® VIP

Producer & Host of The CEO Series | Salvi

William Salvi is executive producer at Salvi, an executive communications and content strategy agency. He hosts the Emmy Award-winning video series The CEO Series. Each episode profiles a business leader and their respective business and provides a humanizing look into the CEO's personal story.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

More from The CEO Series

The CEO of Thomson Reuters Is Betting Big on AI-Driven Innovation. Here's What Every Leader Can Learn From His Approach.

Build-A-Bear Was Failing. Here's How This CEO Turned It Around — and Achieved Record-Breaking Revenue.

How OLIPOP's CEO Is Taking on Big Soda — and Winning

'The Most Important Traits Are Confidence and Humility': Leadership Lessons From an Army Ranger Turned CEO

Side Hustle

This Couple Started a Side Hustle to Improve a 'Terribly Made' Bathroom Essential. Now the Business Earns More Than $3 Million a Year.

Michael Fine and Lisa Schulner-Fine launched lifestyle brand Quiet Town in 2016 and have been growing it ever since.

Leadership

Lead From the Top: 5 Core Responsibilities of a CEO

Knowing exactly what the chief executive's role entails is critical for steering a company to success.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Business News

Want to Be the Next CEO of Jack in the Box? You Have to Be Really Good at Fortnite.

The fast food giant and Fortnite have a simple question: Do you have what it takes to be Jack in the Box's next CEO?

Social Media

Learn How to Become a Successful Online Content Creator for Only $35

Discover ways to use AI to make viral videos, a successful blog and more, plus the principles behind freelancer and entrepreneur success.

Leadership

I've Seen 25 Years of Change in My Career — These 3 Lessons Every Business Owner Should Know

The business world moves fast, and you're already behind if you're not keeping up!