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http://www.bizjournals.com/cincinnati/news/2012/09/28/macys-opening-finish-line-shops-in.htmlMacy's opening Finish Line shops in 450 department stores
Business Courier
Date: Friday, September 28, 2012, 11:38am EDT
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More than 450 Macy's department stores will have Finish Line athletic footwear shops by fall 2014.
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Macy’s Inc. will open Finish Line-branded athletic footwear shops in more than 450 Macy’s department stores in the U.S. and online at macys.com. The deal is expected to result in additional sales to Finish Line of $250 million to $350 million annually.
The leased departments, which will be operated by Finish Line Inc., will start opening in spring 2013 with completion expected by fall 2014. For about 225 other Macy’s stores that carry footwear, Finish Line will manage the athletic footwear assortment and inventory starting in spring 2013.
Macy’s (NYSE: M) will be the exclusive host for Finish Line-branded in-store shops and Finish Line will be Macy’s exclusive partner for men’s, women’s and children’s athletic footwear.
“Finish Line is a widely recognized expert in athletic footwear for men, women, and kids including the best brands, newest technology and most current styles. We believe the enhanced footwear assortment they will bring to our customers at every full-line Macy’s store nationwide, as well as on macys.com, complements our rapidly developing offering of activewear merchandise,” Jeff Gennette, Macy’s chief merchandising officer, said in a news release.
Some Cincinnati stores will be among the 450 where Finish Line departments are added, according to a Macy’s spokesman, but the store list has not be finalized yet.
Cincinnati-based Macy’s operates about 840 department stores in 45 states, the District of Columbia, Guam and Puerto Rico under the names of Macy’s and Bloomingdale’s, as well as the macys.com and bloomingdales.com websites. The company also operates 11 Bloomingdale’s Outlet stores.
CLIFFNOTE: There's gonna be Finish Lines that will take up a section of Macy's shoe departments that will carry retros and stuff; at malls that don't already have Finish Lines, of course. Similar to how you walk past JCPenney's makeup department, and there's a Sephora in there.
The first store that comes to my mind: Downtown Seattle.
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