Indigo Books & Music Inc. | hostaloklahoma.com Stock Message Board & Forum | StockhouseThe Toronto-based retailer said its revenue dropped and its loss widened in its first quarter as it worked to cut promotions and low-margin merchandise, as well as remodel stores and offerings. CEO Heather Reisman said the transition pressures have led to lower sales, but are already helping with margins. Reisman said the pullback on lower priced items and promotions was having an impact online, where customers are more price sensitive. It has also somewhat affected sales in stores, though the company is still seeing steady foot traffic. Reisman said products led by new chief creative officer Nathan Williams, who started June 3, would start rolling out in about nine months. The co-founder of Kinfolk magazine is expected to shake up the company's creative direction with general merchandise after sales in the category slowed in the past year. The revamped and selective product offerings are part of Indigo's efforts to differentiate itself from online retailer Amazon, which Indigo generally matches on book prices.
Indigo Books & Music Inc. (IDG.TO)
Dividend Cover. Market Capitalization Reflects the total market value of a company. Marketing Magazine. Canadian book and gift retailer!Show recent events. Profile IDG. Rakuten Kobo. Most Recent Split.
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The Company operates stores in approximately 10 provinces and a territory in Canada, and offers online sales through its indigo.
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About Indigo Books & Music Inc.
Archived from the original on 26 January Net Profit m. Restricted stock typically is that issued to company insiders with limits on when it may be traded. Yield IDG has not issued dividends in more than 1 year.
Indigo also gained the ownership of the Coles chain of small-format bookstores, which was also owned by Chapters. Qualifying GuruScreens Unlock this report now. Recs Turnover. Book Value ps.Search stocks, ETFs and Commodities! Retrieved 28 July. Bid - Ask. PE Ratio f.
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Exchanges report short interest twice a month. Diluted Weighted Average Shares. Return on Capital. March 7, The company operates an online and chain of retail stores for books.
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