Indianapolis-based Finish Line announced Thursday plans to close 150 of its stores over the next four years, reducing its store base by 25 percent.
The company said it hopes to recapture that $1-million loss in sales at other store locations and through digital sales.
Finish Line also announced Thursday that current company President Sam Sato will succeed Glenn Lyon as chief executive officer effective Feb. 28.
Learn more about Finish Line's financials here.
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Indy-based Finish Line to close 150 stores within 4 years
Indianapolis-based Finish Line announced Thursday plans to close 150 of its stores over the next four years, reducing its store base by 25 percent.
