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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 Nov 03, 2020 2:46pm
114 Views
Post# 31830903

many people do not realize that book business is good

many people do not realize that book business is good business. if you cannot sell some books, you just return them to publishers and take no risk. the cost are 2 things, 1, lease , 2 large number of employees. now many retaills are bankrupt and lot of empty commercial space. The lease has to come down. Indigo paid less 2.3m for the lease last Q. government takes acre of employees, and leases are coming down. what you can expect like this business this time?
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