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Finlay to Lose 94 Macy's Locations

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Published at: www.jckonline.com

Nicholas White, President

Nicholas WhitePresidentRetail Horizons, Inc What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Finlay May Need More Cash Despite Improving Sales Trends

February 12, 2008

The addition of Baily, Banks, and Biddle sales may more than off set the lose of 94 Macy's jewelry departments.  However, the company may need a lot more cash than the current business can generate to sustain its current specialty jewelry store growth strategy.  Here's why.

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