Indigo Shareholders Approve Sale of Canada's Largest Bookstore Chain

By large majorities, Indigo shareholders approved the sale of the Canadian bookstore chain to private equity firms controlled by Canadian billionaire Gerald Schwartz, an Indigo board member and the husband of Indigo founder and CEO Heather Reisman. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2024-05-28 04:00:00 UTC ]
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Bookstore Sales Rose 2.5% in 2016

Despite some softness late in the year, bookstores sales in 2016 rose 2.5% over 2015. Store revenue reached just under $12 billion last year compared to $11.68 billion in 2015. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-15 00:00:00 UTC ]
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Holiday Quarter Sales Rose 4.5% at Indigo

A 4.5% increase in revenue for the quarter ended December 31, 2016 at Indigo Books & Music was led by a 3.8% gain in same store sales. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-08 00:00:00 UTC ]
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Kingston’s Novel Idea: A Bookstore-Survivor in Canada

'The day that Indigo opened, our business went down 40 percent,' says bookseller Oscar Malan. Sixteen years later, the big-chain store would leave. The post Kingston’s Novel Idea: A Bookstore-Survivor in Canada appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-02-07 00:00:00 UTC ]
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November Bookstore Sales Rose 1.5%

November's bookstore sales were $805 million, an increase of 1.5% over November 2015. Sales for the first 11 months of 2016 were up 3.4%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-01-13 00:00:00 UTC ]
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October Bookstore Sales Slipped 1%

Bookstore sales for October were $774 million, down from $782 million in October 2015. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-12-14 00:00:00 UTC ]
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September Bookstore Sales Up 1.7%

Bookstore sales in September were $1.16 billion, up from $1.14 billion one year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-11-16 00:00:00 UTC ]
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Indigo Sales Rise 5.4%

With revenue up 5.4% in the quarter ended Oct. 1, 2016 over the same period a year ago, Indigo CEO Heather Reisman said she is feeling confident about prospects for the holiday season. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-11-10 00:00:00 UTC ]
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August Bookstore Sales Rose 2.0%

Sales in August, one the biggest sales months of the year because of students returning to college, rose to $1.66 billion from $1.63 billion a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-10-17 00:00:00 UTC ]
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After Months of Strong Sales, Bookstores See Drop in July

Bookstore sales in July fell by just under 1% compared to July 2015, marking the first month in 2016 that sales were down. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-09-15 00:00:00 UTC ]
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PRH Canada Opens Toronto Bookstore

On Wednesday, Penguin Random House Canada has opened a new 'Penguin Shop' bookstore on the first floor of the tower that houses the company’s offices at 320 Front Street West. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-08-25 00:00:00 UTC ]
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Bookstore Sales Up 6.1% In First Half of 2016

A 5.0% rise in June bookstore sales over June 2015 ended a solid first half of 2016, in which bookstore sales increased 6.1% over the first half of 2015. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-08-15 00:00:00 UTC ]
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Indigo Posts More Sales Gains

First quarter sales at the Canadian chain rose 4.4% led by strong comp store sales improvement. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-08-09 00:00:00 UTC ]
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Warsaw’s Publishers Mount Their Own Bookstore Chain in Poland

Answering the dominance of two bookstore chains' 400+ locations, Polish publishers create BookBook, their own chain, banking on 'the unique atmosphere of our bookstores.' The post Warsaw’s Publishers Mount Their Own Bookstore Chain in Poland appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-08-03 00:00:00 UTC ]
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May Bookstore Sales Rose 3.1%

Bookstore sales cooled slightly in May, but spending still rose for the fifth straight month this year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-07-15 00:00:00 UTC ]
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Bookstore Sales Have Solid April Gain

Bookstore sales rose 9.7% in April, to $757 million, according to preliminary estimates released by the U.S. Census Bureau. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-06-15 00:00:00 UTC ]
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Canada Welcomes Its Largest Writers' Conference

This Wednesday, the first Canadian Writers' Summit (CWS) kicks off in Toronto. The four-day event, which features more than 200 speakers and panelists, will be the largest event of its kind in Canada. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-06-13 00:00:00 UTC ]
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L.A. billionaire becomes the 2nd-largest shareholder of L.A. Times' parent company

Los Angeles Times owner Tribune Publishing Co. has rejected a second buyout offer from rival newspaper publisher Gannett Co., and this time it’s brought in new financial muscle to fend off further overtures: L. A. billionaire Patrick Soon-Shiong. Tribune Publishing announced Monday morning that... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-05-24 00:00:00 UTC ]
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Tribune Publishing's No.2 shareholder pushes for sale

The second-largest shareholder of Los Angeles Times owner Tribune Publishing said Wednesday that passing up a buyout offer from rival publishing company Gannett could "destroy enormous shareholder value."  In a letter sent to Tribune's board and filed with the Securities and Exchange Commission,... Continue reading at Los Angeles Times

[ Los Angeles Times | 2016-05-19 00:00:00 UTC ]
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Bookstore Sales Continue Hot Start

Boosted by a 10.7% increase in March, bookstore sales for the first quarter of 2016 were up 6.2% over the comparable period in 2015. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-16 00:00:00 UTC ]
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Strong February for Bookstore Sales

Bookstore sales in February rose 7.2% over February of 2015, rising to $732 million, according to preliminary estimates released by the Census Bureau. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-15 00:00:00 UTC ]
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