Finish Line

Finish Line's high-tech store prototype still has kinksRestricted Content

July 14, 2012
Cory Schouten
A prototype store launched by athletic shoe and apparel retailer The Finish Line Inc. on May 25 aims to use technology to marry brick-and-mortar to the company’s online operation. But interactive tablets that are a centerpiece of the so-called omnichannel strategy are not yet up and running.
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Finish Line stock jumps after profit exceeds expectations

June 29, 2012
Scott Olson
The Indianapolis-based retailer's profit fell 25 percent in the first quarter, but beat analyst predictions. Shares rose nearly 12 percent on the day.
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Largest Indiana public companies mostly fared well in 2011Restricted Content

June 16, 2012
Performance varied widely as industries ebbed, flowed.
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U.S. retail chains spending billions in bet on growth

June 7, 2012
Bloomberg News
For all the concern that the U.S. economy may be slowing, retailers from Express Inc. to Indianapolis-based Finish Line Inc. are poised to spend the most on capital improvements since the recession.
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Finish Line plans to add 327 jobs as part of expansion

May 1, 2012
The Indianapolis-based retailer of athletic shoes and apparel said it will add the jobs by 2016 as part of a multimillion-dollar expansion that will upgrade its e-commerce systems.
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Castleton Square will get new stores catering to youthRestricted Content

April 21, 2012
Forever 21 is more than tripling its square footage at the north-side mall by taking the former Borders bookstore space.
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Finish Line to sell Special Olympics merchandise

April 17, 2012
The agreement to sell the organization's items online and in stores is part of a multiyear partnership in which Indianapolis-based Finish Line has agreed to lend support to Special Olympics.
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Finish Line launches running venture, reports strong sales

March 30, 2012
Cory Schouten
The Finish Line Inc. will partner with a private equity firm to expand its specialty running shops and develop Run.com, the Indianapolis-based retailer said Friday. The company also reported strong fourth-quarter earnings, but its outlook sent shares tumbling.
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Finish Line got strong start to holiday season

December 22, 2011
For the three-week period ended Dec. 18, the Indianapolis-based athletic apparel retailer said sales in stores open at least a year increased 7 percent from the same time last year. For the entire quarter, company profit increased 35 percent, to $5.5 million.
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Employees sue Finish Line over manager's secret camera use

November 17, 2011
Kathleen McLaughlin
Indianapolis-based retailer Finish Line is fighting a lawsuit by five women who say their former store manager secretly recorded them in the bathroom and dressing room.
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Finish Line, HHGregg step up their e-commerce strategiesRestricted Content

October 12, 2011
Greg Andrews
Traditional retailers are trying to connect with customers, however and whenever they want to do business.
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Finish Line quarterly profit rises on strong sales

September 22, 2011
Associated Press
The Indianapolis-based retailer's second-quarter profit rose 24 percent over year ago, to $20.9 million, helped by strong sales in stores open at least a year.
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Analysts react positively to Finish Line purchase

September 1, 2011
Scott Olson
The Indianapolis-based retailer's acquisition of an 18-store specialty running chain should produce better results than some past miscalculations, analysts say.
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Finish Line acquires 18-store chain for $8.5M

September 1, 2011
The Indianapolis-based athletics retailer acquired the chain in order to enter the specialty running market. The stores are located primarily in the eastern part of the country.
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PROXY CORNER: The Finish Line Inc.Restricted Content

August 6, 2011
The Finish Line Inc. is an Indianapolis-based specialty retailer of brand-name athletic and leisure footwear, activewear and accessories.The company operates 656 stores in malls across the United States.
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Finish Line brass buoyant as key retail season arrivesRestricted Content

August 6, 2011
Greg Andrews
The company clearly is on a nice run, with seven straight quarters of increasing same-store sales and increasing earnings per share.
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Finish Line settles with former employee

June 3, 2011
The Indianapolis-based athletics retailer agreed to pay $38,000 to the worker after the Equal Employment Opportunity Commission claimed it violated federal law by firing her because of a physical disability.
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Hoosiers finally score one of Foot Locker's House of HoopsRestricted Content

May 21, 2011
Cory Schouten
Finish Line's main competitor had bypassed Indianapolis at it chose locations for its concept store that sells Nike-brand basketball shoes and apparel.
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Toning-shoe trend fading, but doesn't trip up Finish Line

March 25, 2011
Cory Schouten
The toning trend in athletic shoes apparently has run its course. Sales of the oddly shaped shoes fell more than 45 percent in the fourth quarter for The Finish Line Inc., but the local retailer still posted improved profit and revenue.
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Finish Line reports rise in quarterly earnings, sales

March 25, 2011
Associated Press
The Indianapolis-based retailer earned $34.3 million in its fiscal quarter, compared with $30.6 million a year ago. Revenue rose 2.7 percent, to $384.6 million.
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Strong holiday sales give Finish Line a boost

December 22, 2010
Scott Olson
The company said on Tuesday sales at stores open more than a year rose 4.5 percent from Nov. 28 through Dec. 19 compared to the same period a year ago.
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Finish Line cash hoard could draw out suitorsRestricted Content

November 6, 2010
Greg Andrews
Citigroup Capital Markets retail analyst Kate McShane has Finish Line near the top of her list of potential leveraged-buyout candidates.
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Finish Line introduces in-store kiosks to make custom T-shirts

October 9, 2010
Cory Schouten
Finish Line is testing touch-screen customization kiosks at its Greenwood Park Mall store. The kiosks, which look like oversize iPads, produce an individualized Nike T-shirt in about 15 minutes.
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Finish Line's second-quarter profit jumps to $16.8M

September 24, 2010
 IBJ Staff and Associated Press
Indianapolis-based The Finish Line Inc. said Thursday that its second-quarter profit rose as it rebounded from a messy quarter a year earlier after the athletic shoe retailer sold its unsuccessful Man Alive hip-hop stores.
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Popular toning shoes give big boost to The Finish Line

August 21, 2010
Cory Schouten
Despite controversy over whether they live up to their hype, so-called toning shoes—a category created from thin air just a few years ago—are flying off store shelves nationwide and are on pace to ring up almost $1 billion in revenue this year.
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  1. The $104K to CRC would go toward debts service on $486M of existing debt they already have from other things outside this project. Keystone buys the bonds for 3.8M from CRC, and CRC in turn pays for the parking and site work, and some time later CRC buys them back (with interest) from the projected annual property tax revenue from the entire TIF district (est. $415K / yr. from just this property, plus more from all the other property in the TIF district), which in theory would be about a 10-year term, give-or-take. CRC is basically betting on the future, that property values will increase, driving up the tax revenue to the limit of the annual increase cap on commercial property (I think that's 3%). It should be noted that Keystone can't print money (unlike the Federal Treasury) so commercial property tax can only come from consumers, in this case the apartment renters and consumers of the goods and services offered by the ground floor retailers, and employees in the form of lower non-mandatory compensation items, such as bonuses, benefits, 401K match, etc.

  2. $3B would hurt Lilly's bottom line if there were no insurance or Indemnity Agreement, but there is no way that large an award will be upheld on appeal. What's surprising is that the trial judge refused to reduce it. She must have thought there was evidence of a flagrant, unconscionable coverup and wanted to send a message.

  3. As a self-employed individual, I always saw outrageous price increases every year in a health insurance plan with preexisting condition costs -- something most employed groups never had to worry about. With spouse, I saw ALL Indiana "free market answer" plans' premiums raise 25%-45% each year.

  4. It's not who you chose to build it's how they build it. Architects and engineers decide how and what to use to build. builders just do the work. Architects & engineers still think the tarp over the escalators out at airport will hold for third time when it snows, ice storms.

  5. http://www.abcactionnews.com/news/duke-energy-customers-angry-about-money-for-nothing

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