Articles

Finish Line sees profit slip on Macy’s costs

In addition to announcing quarterly results, the retailer said longtime president and chief operating officer Steve Schneider will move into the position of executive vice president of strategic initiatives.

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Proxy Corner: Vera Bradley Inc.

Vera Bradley Inc., 2208 Production Road, Fort Wayne, Ind., 46808, sells handbags, accessories, paper-and-gift items and travel items through 65 retail stores, 11 outlet stores, 3,400 specialty stores and through verabradley.com.

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Lids acquiring Kentucky sporting goods chain

The CEO of a private equity firm that helped fund the Lexington-based Fan Outfitters chain said new regulations imposed by the Affordable Care Act prompted the group to look at the offer from Lids.

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Circle Centre hanging in despite anchor vacancy

The downtown mall last year saw its sales per square foot increase to $354, a 5.3-percent increase from 2011, according to an annual operating report it provides to the city. But non-anchor occupancy slipped below 90 percent.

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Finish Line expects sales to leap in Macy’s deal

Becoming the exclusive athletic footwear partner of the department store chain could increase Finish Line’s annual revenue as much as 30 percent, executives say. Finish Line apparel will start appearing in Macy’s this weekend.

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