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St. Louis Post-Dispatch
St. Louis Post-Dispatch
Austin Huguelet

'The status quo is unacceptable': Activist investor targets Build-A-Bear, Goedeker's

ST. LOUIS — David Kanen sent two letters to St. Louis companies on a recent Thursday, and neither was very friendly.

The Florida-based investor told appliance retailer Goedeker's that more than half its board needs to go.

The other letter hammered Build-A-Bear for lackluster revenues, declared its CEO overpaid, and suggested board members were asleep at the wheel.

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