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Indigo Books & Music Inc T.IDG

Consumer Cyclical Specialty Retail
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

Indigo Books & Music Inc
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Post by wheeloffortuneon Aug 07, 2020 1:29pm
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Post# 31379934

Insider Gerald Schwartz to the rescue

Insider Gerald Schwartz to the rescue"In August 2020, to enhance the Company's financial flexibility the Company closed on a $25 million, interest free revolving credit facility from a company controlled by Mr. Gerald W. Schwartz, who is the controlling shareholder of Indigo."

https://web.tmxmoney.com/article.php?newsid=8985519796048822&qm_symbol=IDG
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