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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 Dollarboyon Sep 29, 2020 11:10am
109 Views
Post# 31634912

Indigo launches exclusive new home brand Oui

Indigo launches exclusive new home brand Oui Indigo is not just a book store. 45% of sales are are non-book related and Indigo expands its own brand portfolio. That make it possible to leverage the store network infrastructure and bypass the fierce competition when selling other producers' brands.

Indigo is a player that has managed to adapt to the changing retail landscape. 
https://static.indigoimages.ca/2020/marketing/indigo-launches-exclusive-new-home-brand-oui_press-release_v2.pdf

Already many nice OUI products are available. I believe that well designed products like these have the potential to fly off the shelves: https://www.chapters.indigo.ca/en-ca/home/search/?keywords=oui#internal=1

Thanks to the strong balance sheet with plenty of net cash, Indigo has the muscles to keep inventory at a good level ensuring customer satisfaction.
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