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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 24, 2020 12:37am
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Post# 31184351

RE:RE:RE:earnings is out!!!! HORRIBULUS!!!!!

RE:RE:RE:earnings is out!!!! HORRIBULUS!!!!!The difference is Gerry Schwartz is a majority insider who has a proven track record of turning around dozens of failing companies.  He has a Harvard MBA, worked at Bear Sterns a couple years and then invested $2m to start ONEX and turned his net worth into $1.6B.  This guy founded the Stag Shop at 17.  If his wife screws up, he'll take over and turn it around like has he has many other businesses.  Count on it.  I'm investing in an accoplished veteran of turnarounds.  Adventure Electronics didn't have that person.

Valneigette wrote:
its not going under...insiders hold 3/4 of the float.....

Do you remember another retail stock....the name was Adventure Electronic(avn)with 154 retails stores and the insiders(Marcalin the Fragman family.....was holdings a very big chunk of the float...)

and guess what......they filled for bankrupty....

just hopes they will have enough time for a turnaround....


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