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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

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  • 2young2investX
Comment by 2young2investon Mar 14, 2024 3:37pm
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Post# 35933404

RE:RE:RE:Cormark summary

RE:RE:RE:Cormark summaryThey could pay more than $25m? Yes, but why? Company's liabilities are higher than their assets.
The big discounts were because no one had enough disposable income to spend.
IDG is not an IT company and someone hacked their website. Taking a proven and secure solution like Shopify is easier and faster for them than trying to find the problem.

Cormark is udnerwater, that is their only reason.
I don't mind if the price is raised, but Trilogy is very generous here already, imho.
If 2024 is a bad year, and it looks like it will be, IDG will go bankrupt.
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