Finish Line Report: Timeline of Company Highlights

From the beginning, Finish Line set a fast pace for growth, and it has celebrated some major highlights along the way.

1976 — Alan Cohen, David Klapper and John Domont franchise one store under The Athlete’s Foot banner in Indiana.

1981 — The three executives operate 12 Athlete’s Foot franchises in Indiana and the greater Louisville, Ky., area.

1982 — Business partners Larry Sablosky and Dave Fagin join the trio and open the first Finish Line location in Indianapolis on July 2.

1986 — The founders convert their owned Athlete’s Foot locations into Finish Line stores, as the 10-year franchise license expires.

1991 — The 100th Finish Line store opens.

The company hits $100 million in sales.

1992 — John Domont is bought out and The Finish Line Inc. becomes a publicly traded company.

1995 — The 200th store opens.

1996 — Dave Fagin retires.

Finish Line hits $300 million in sales.

1998 — The retailer launches its Youth Foundation to fund nonprofit organizations that develop active lifestyle programs for disabled or disadvantaged children.

1999 — Finishline.com debuts and quickly posts strong sales figures.

The company cracks $500 million in annual sales as it becomes the second-largest athletic retailer in the U.S., with 460 stores.

2003 — The 500th store opens.

The firm is named as a Retailer of the Year by Footwear News.

2005 — Finish Line buys the Man Alive chain.

Annual sales break $1 billion.

2006 — The company launches Paiva stores and e-commerce site, which closed almost two years later.

2007 — Finish Line agrees to buy Genesco Inc. for $1.5 billion, but the deal eventually unravels and a lengthy legal battle ensues.

2008 — The retailer partners with Nike to open a new concept called Finish Line Ltd., which eventually was phased out.

Co-founder Alan Cohen retires; enters the Footwear News Hall of Fame.

Glenn Lyon, who joined the company in 2000, is named CEO. Steve Schneider becomes president of Finish Line.

2009 — Finish Line taps Edward Wilhelm as its new CFO.

Co-founder David Klapper retires in July.

The company sells Man Alive for roughly $7 million to Jimmy Khezrie, owner of the Jimmy Jazz chain.

A new e-commerce division is established, and Donald Courtney is tapped to lead it.

2010 — Glenn Lyon becomes chairman of Finish Line Inc.

— Samuel Sato is appointed president and chief of merchandising for the chain.

2011 — Finish Line acquires The Running Co. for $8.5 million plus assumption of debt.

2012 — The retailer develops a multi-year partnership with the Special Olympics.

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