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Indigo Books & Music Inc T.IDG

Indigo Books & Music Inc. is a Canada-based book and lifestyle retailer. The Company is engaged in offering an assortment of books, gifts, home, wellness, fashion, paper, baby, and kid’s products. The Company operates retail stores in all ten provinces and one territory in Canada, and also has retail operations in the United States through a wholly owned subsidiary, operating one retail store in Short Hills, New Jersey. The retail network includes 87 superstores under the Indigo and Chapters names, as well as 84 small format stores under the banners Coles and Indigospirit. The Company also offers a marketplace assortment of giftable products, experiences, services, and subscriptions on www.thoughtfull.co. Its Retail operations are integrated with the Company’s digital channels, including the www.indigo.ca Website and the mobile applications, which are extensions of the physical stores and offer customers an expanded assortment of book titles.


TSX:IDG - Post by User

Post by mingzhuon Jul 15, 2020 11:04pm
185 Views
Post# 31274087

expecting this run to reach $1.5 in a few days

expecting this run to reach $1.5 in a few daysCEO said Indigo is in negotiation with landlords for rent abatement. The landlords are in negotiation with government. Government has taken 75% rent relief for small business under $50k rent. Indigo paid $27 m rent last year. If government gives 50% rent relief to big business, Indigo will fly to $3-5. 
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