Investments Led to Higher Loss at Indigo

Investments in Indigo’s Canadian retail network led to an increase in the company’s losses, which rose to C$15.4 million last quarter. CEO Heather Reisman said the investments will position the book chain for future growth. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2018-08-08 00:00:00 UTC ]
News tagged with: #book chain #future growth

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More Expansion and Investment at Hung Hing

The second phase of Hung Hing’s production facility in Hanoi, Vietnam, is progressing as scheduled, with full operations commencing by the end of this year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-07-22 04:00:00 UTC ]
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Meal kit company sued by customers who claim 'contaminated' lentils led to gallbladders removals

Vegan meal kit startup Daily Harvest has been hit with two lawsuits by customers alleging they needed gallbladder removals after eating one of the company's products, reportedCNN. Last month the company issued a voluntary recall of its “French Lentil + Leek Crumbles” dish following multiple... Continue reading at Engadget

[ Engadget | 2022-07-01 23:30:53 UTC ]
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Indigo Sales Topped C$1 Billion in Fiscal 2022

Driven by an increase in its physical stores, sales at Indigo Books & Music increased 17.4% in the fiscal year ended April 2, 2022, over fiscal 2021, rising to C$1.06 billion. Canada’s largest bookstore chain had an operating profit of C$29 million, compared to a loss of C$31.9 million in... Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-06-08 04:00:00 UTC ]
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How a devastating cyclone led to a genocide and a new nation

The Great Bhola Cyclone of 1970 kicked off a period of death and chaos in what is now Bangladesh, as Scott Carney and Jason Miklian recount. Continue reading at The Washington Post

[ The Washington Post | 2022-04-15 12:00:35 UTC ]
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Delia Ephron’s Memoir Could Be Called ‘Love, Loss and Love Again’

In “Left on Tenth,” the veteran author looks back on a series of life-altering events, including a whirlwind romance at the age of 72. Continue reading at The New York Times

[ The New York Times | 2022-04-12 09:00:01 UTC ]
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Scholastic Posts Gains in Q3, Eyes Higher Costs

Revenue at Scholastic rose 24% for the third quarter ended February 28, 2022, over the prior year period, and the company cut the quarterly operating loss. While sales trends remain favorable, the company said that it is working on ways to control higher prices for paper, printing, and freight,... Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-03-18 04:00:00 UTC ]
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Rebel Girls Receives $13 Million in Investments

The Rebel Girls brand has raised $13 million, and has announced new additions to its board of directors. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-03-03 05:00:00 UTC ]
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Indigo Sees 17.9% Revenue Jump in Latest Quarter

Indigo Books & Music, Canada's leading book retailer, reported strong results for its third quarter ended January 1, 2022 with revenue up 17.9% and earnings jumping. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-02-14 05:00:00 UTC ]
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Higher Costs Dent Earnings Gains at HarperCollins

Earnings in HarperCollins' second quarter ended December 31, 2021, rose 3% over a year ago, while sales increased 13%. The lower profits increase was due in part “to the increase in manufacturing and freight costs exacerbated by supply chain pressures,” parent company News Corp said. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-02-04 05:00:00 UTC ]
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The Indigo Press signs 'exquisite' selection of stories from Muñoz

The Indigo Press has snapped up an "exquisite" selection of stories from Manuel Muñoz. Continue reading at The Bookseller

[ The Bookseller | 2022-01-13 10:19:51 UTC ]
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Is There a Silver Lining to Loss? This Memoir Shows Its Shimmer.

In “Lost & Found,” Kathryn Schulz explores the confluence of death, love and hope. Continue reading at The New York Times

[ The New York Times | 2022-01-11 10:00:05 UTC ]
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Indigo Press bags the first book by Nolan

The Indigo Press has acquired Don't Let it Get You Down, a "powerful and provocative collection of essays" from writer, speaker and lawyer Savala Nolan.  Continue reading at The Bookseller

[ The Bookseller | 2021-12-14 10:21:28 UTC ]
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Investment fund to take over book club France Loisirs

The Paris Commercial Court has authorised the French investment fund Financière Trésor de Patrimoine to take over the bankrupt book club France Loisirs, which is owned by holding company Actissia. Continue reading at The Bookseller

[ The Bookseller | 2021-12-14 00:52:23 UTC ]
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Unit Sales Rose 9.7% Last Week Led by Adult Fiction

Facing difficult comparisons to last year when Barack Obama's 'A Promised Land' was piling up huge sales numbers, unit sales still increased 9.7% last week over 2020 as adult fiction sales jumped 35.3%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-12-02 05:00:00 UTC ]
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John Murray partners with Waterstones for Billy Connolly 'fan-led' event

John Murray Press is partnering with Waterstones to host a one-off Facebook Live “fan-led” event with Billy Connolly in December.   Continue reading at The Bookseller

[ The Bookseller | 2021-11-30 07:12:58 UTC ]
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W H Smith reports £116m loss but expects return to profit in 2022

W H Smith reported a group loss before tax of £116m for the year to end August 2021, although the retailer said it expected to return to “meaningful profit” in 2022 with a return to pre-pandemic levels. Continue reading at The Bookseller

[ The Bookseller | 2021-11-10 20:28:22 UTC ]
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Indigo Sees 16% Sales Hike in Second Quarter

Indigo Books & Music reported revenue of C$238.8 million in the period ended October 2, 2021, a 16% hike over the same period in 2020. With the increase in revenue, Indigo reported net earnings in the period of C$3.5 million, compared with a net loss of C$17.5 million a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-11-10 05:00:00 UTC ]
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NLT and PRH form alliance to address lack of primary school library investment

The National Literacy Trust (NLT) is partnering with Penguin Random House (PRH) to form a national alliance addressing "the chronic lack" of investment in primary school libraries in the UK. Continue reading at The Bookseller

[ The Bookseller | 2021-11-02 10:42:55 UTC ]
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HQ signs Gunn and Buckingham's book on miscarriage and pregnancy loss

HQ has landed a book on miscarriage and pregnancy loss by award-winning podcasters Bex Gunn and Laura Buckingham. Continue reading at The Bookseller

[ The Bookseller | 2021-10-08 20:11:43 UTC ]
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ABA Invests $3M In IndieCommerce, Updates Policies

In a letter to members of the American Booksellers Association, Bradley Graham, president of the ABA board, explained several updates the organization has made to its Ends Policies, announced a $3 million investment in IndieCommerce, and outlined other priorities. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-10-08 04:00:00 UTC ]
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