Wednesday, February 7, 2018

Indigo Reports Its Highest Quarter Revenue Ever - Publishers Weekly

Today, Panzer was just enjoying tootling around in the Catosphere when the Panzermobile was buffeted by cheering and clapping. Our brave kitty boy followed all the noise to the Publishers Weekly site. There with no digging at all he found a post about Indigo's quarterly sales and revenue figures.

According to the post by Jim Milliot, Canada's Indigo Books and Music announced the latest quarter's revenue was the highest ever. Sales revenue was up 8.2 percent compared to the same quarter in 2016. The largest sales gains were in general merchandise. Online sales were also up. The company still plans to open its first United States store in New Jersey. Company plans include an additional three or four United States stores.

They have cafes too don't they?
Panzer says, "Hmm ... This little kitty thinks Indigo Books and Music sounds a lot like Barnes and Noble without the Nook. So why is it working in Canada for them, but not here for Barnes and Noble?"

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

To read the post tootle over to Indigo

No comments:

Post a Comment

ShareThis