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Stores slated for closing are ones that have underperformed in recent years, Finish Line said. About 40 stores will close this year, 40 more next year, and up to 40 more in 2018 and 2019, it said.
Finish Line's Q4 consolidated net sales fell 0.4% to $557.5 million, beating the FactSet expectation for $548.1 million cited by MarketWatch, but Q4 same-store sales fell 4.5%, compared to FactSet ...
Finish Line at the time announced it would close 150 stores. Sato, who succeeded Glenn Lyon as CEO on Feb. 28, said Finish Line is well on its way toward hitting its store-closing target.
The Finish Line Inc. said it will close 150 stores over the next four years and replace its CEO early next year after losing $32 million in sales in its latest quarter due to supply-chain problems.
INDIANAPOLIS — Following a major disruption in its supply chain, causing major financial loss, Indianapolis-based Finish Line will be closing up to 150 stores.
Finish Line Inc. said it plans close up to a quarter of its stores over the next few years and is replacing its chief executive as it faces declining sales and supply-chain disruptions. Shares of ...
Genesco Inc. said today it sued Indianapolis-based Finish Line Inc. and Finish Line's bank to force Finish Line to close its $1.5 billion acquisition."No ...
On a recent conference call with investors, Indianapolis-based Finish Line’s new CEO Sam Sato said, "We’ve closed 60 doors — 60 stores to date in our store closing program; so 54 last year ...
Sportswear retail chain The Finish Line announced that it will close up to 150 of its 600 stores. The retailer has also appointed Sam Sato, currently the company’s President, as the new CEO effective ...
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