Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Price History  |  Ratios  |  Insiders

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

User Avatar Image
(7)
•••
  • wheeloffortuneX
Comment by wheeloffortuneon Nov 05, 2020 3:05pm
97 Views
Post# 31845792

RE:many people do not realize that book business is good

RE:many people do not realize that book business is good Funny, I'm finding a lot of their unsold books in their $3 clearance bin near the back (they're not returning it).  I'm finding their bottom shelves empty of books and one aisle empty and closed off.   1/4 of the store is selling toys and almost another quarter is selling novelty items like coffee thermoses. 
mingzhu wrote: 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?


<< Previous
Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities