Build-A-Bear Workshop Inc. /zigman2/quotes/206558798/composite BBW +0.49% could run into challenges as it begins to reopen stores due to their high-touch nature, GlobalData Retail says. "There is a question mark over how confident parents will feel in bringing children to a shop where there are so many things to touch and where the 'production process' means they must linger," wrote Neil Saunders, managing director of GlobalData Retail. "On top of this, at peak times, social distancing will limit the volume of customers stores can handle." Build-A-Bear has more than 500 stores around the world; the company expects to have 35 open by the end of this week. GlobalData notes the improvements to the e-commerce business, but says it doesn't replace the in-store experience, "which is the company's main selling tool and point of differentiation." Build-A-Bear reported a first-quarter loss of $21.2 million, or $1.42 per share, after net income of $1.2 million, or 8 cents per share, last year. Revenue totaled $46.6 million, nearly halved from $84.4 million last year. At the end of the first quarter, Build-A-Bear had $21.9 million in cash and equivalents with no borrowings from its revolving credit facility. Build-A-Bear stock is down 2.5% in Tuesday trading and has slumped nearly 33% for the year to date. The S&P 500 index /zigman2/quotes/210599714/realtime SPX +0.32% is down 5.3% for 2020 so far.