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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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  • wheeloffortuneX
Comment by wheeloffortuneon Jun 20, 2020 1:45pm
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Post# 31173105

RE:RE:CEO and her husband own 75.6% of Indigo

RE:RE:CEO and her husband own 75.6% of IndigoBeing the power couple own 75.6%, it'll probably go private, which is something Schwartz usually does--he did it last year with Westjet.  What he'll pay minority holders is another question.  Schwartz is a billionaire, so funds is not an issue and his wife Reisman would never let it go under.

BlueGuitar1 wrote: I didn't know that about share ownership.  No wonder she said "depths of losses to be seismic" and no wonder it is so painful.  This is a pennystock.  I wonder if the government will offer a low interest loan? Can't they go to the markets?  


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