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 ]
News tagged with: #large majorities #indigo founder #bookstore chain #bookstore

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Bookstore Sales Rose 3.8% in January

Following a 2015 in which bookstore sales rose 2.5%, sales in the segment rose 3.8% in January. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-03-15 00:00:00 UTC ]
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After Eight Year Slump, 2015 Bookstore Sales Rise

Bookstores sales rose 2.5% in 2015, marking the first time since 2007 that sales in the sector were up over the previous year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-02-12 00:00:00 UTC ]
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2015 Print Sales Up Slighty in Canada

Unit sales were up by 1%, according to BookNet Canada, while ebook sales remained at the same level they reached in 2013. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-01-21 00:00:00 UTC ]
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Canada's largest newspaper publisher cuts jobs and merges newsrooms

90 staff to go as Postmedia deals with falling revenue by creating joint operationsCanada’s largest newspaper chain, Postmedia Network, is cutting 90 staff and merging newsrooms to cope with declining revenue and heavy indebtedness.In Vancouver, Calgary, Edmonton and Ottawa – cities where... Continue reading at The Guardian

[ The Guardian | 2016-01-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #falling revenue #postmedia network #merging newsrooms #declining revenue #daily papers


Canada's largest newspaper publisher reveals revenue falls

Advertising decreases cause a £2m quarterly loss for Postmedia NetworkCanada’s largest newspaper publisher, Postmedia Network, is instituting a programme of cost-cutting. Why? The sobering figures tell the story.Revenue for the quarter that ended on 30 November 2015 showed a 13.1% decrease on... Continue reading at The Guardian

[ The Guardian | 2016-01-14 00:00:00 UTC ]
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One of the Country’s Oldest Bookstores for Sale

Otto Bookstore in Williamsport, Pa., one of the oldest continuously operating bookstores in the U.S., is on the market. Owner Betsy Rider, age 81, is ready to retire. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-01-05 00:00:00 UTC ]
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October Bookstore Sales Rose 6.9%

Bookstore sales rose 6.9% in October over October 2014, hitting $747 million in the month. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-12-11 00:00:00 UTC ]
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Washington, D.C: The City Without a Chain Bookstore

The last remaining chain bookstore in Washington D.C. is closing, meaning — at least in one American city — the independent bookstores have won. The post Washington, D.C: The City Without a Chain Bookstore appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-12-04 00:00:00 UTC ]
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Egypt’s ALEF Bookstore Chain Opens Shop in London

Egyptian bookstore chain ALEF has opened a shop in London with the aim of “empowering and spreading Arabic literature around the globe." The post Egypt’s ALEF Bookstore Chain Opens Shop in London appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-11-16 00:00:00 UTC ]
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New Shakespeare & Co. Owner Envisions a National Bookstore Chain

Several months after buying Shakespeare & Co, Dane Neller, cofounder of the company that makes the Espresso book machine, is busy transforming the store with an eye toward national expansion. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-11-13 00:00:00 UTC ]
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Indigo Cuts Quarterly Loss as Sales Jump

Double digit growth in its general merchandise operation plus increases in its core book business led to a 8.8% increase in revenue at Indigo for its second quarter ended September 26, 2015 compared to last year’s second period. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-11-03 00:00:00 UTC ]
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Bookstore Sales Fell 4.0% in August

Bookstore sales declined to $1.55 billion in August, a 4.0% drop from $1.62 billion in August 2014. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-10-15 00:00:00 UTC ]
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Bookstore Sales Jumped in July

According to preliminary estimates from the U.S. Census Bureau, bookstore sales in July rose 5.9% over July 2014, to $717 million, up from $677 million a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-09-15 00:00:00 UTC ]
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Family Christian Sale Approved, Stores Will Remain Open

Family Christian Stores will remain open after a creditor-approved sale to FC Acquisition. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-08-11 00:00:00 UTC ]
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Bookstore Sales Rose $7 Million in May

Bookstore sales rose by just less than 1% in May compared to May 2014, according to preliminary estimates released by the U.S. Census Bureau. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-15 00:00:00 UTC ]
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April Bookstore Sales Show Small Gain

Bookstore sales rose 0.6% in April over April 2014, according to preliminary estimates released by the U.S. Census Bureau. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-06-15 00:00:00 UTC ]
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Indigo Cuts Loss on 3% Sales Increase

Total revenue rose 3% at Indigo Books & Music in the year ended March 28, 2015 over fiscal 2014, and its net loss fell from $31 million last year to $3.5 million in fiscal 2015. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-05-26 00:00:00 UTC ]
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Quebecor Sells Archambault Stores to Major Bookstore Chain

Quebecor announced Tuesday that it will sell Archambault, the large retailer of music, books, and DVDs, with 14 locations across Quebec, to Renaud-Bray, the largest French-language bookstore chain in North America, with 30 locations. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-05-21 00:00:00 UTC ]
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March Bookstore Sales Rose 5.1%

After a sluggish first two months of 2015, bookstore sales rose a healthy 5.1% this past March over March 2014, according to preliminary estimates released by the U.S. Census Bureau. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-05-13 00:00:00 UTC ]
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February Bookstore Sales Dropped 2.2%

According to preliminary estimates released by the U.S. Census Bureau, bookstore sales fell 2.2% in February compared to February 2014, dropping to $716 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-04-15 00:00:00 UTC ]
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