Friday, February 8, 2019

Indigo's Q3 Earnings Hit by Postal Strike - Publishers Weekly

Panzer was tootling around in the Catosphere when he heard crying and gnashing of teeth. Following all the noise took our brave kitty boy to the Publishers Weekly site. There our brave kitty boy found a post about Indigo Books and Music.

According to the post by Ed Nawotka, the Canada Post strike hit Indigo Books and Music's third quarter hard. The strike impacted the company's deliveries and helped push revenue down 1.7 percent. Increased employee wages and store improvements also contributed to the revenue decline. On a brighter note CEO Heather Reisman said the company opened their first U.S. store and it was well received.
Inquiring kitties want to know.

Panzer says, "This little kitty is wondering when the second U.S. store will open."

Note: This is a short post. Bring a cup of tea for today's reading selection.

To read the post tootle over to Indigo

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