Investments Led to Higher Loss at Indigo - Publishers Weekly

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

It's just a little loss.

According to Jim Milliot, Indigo Books and Music has announced their quarterly sales and revenue figures. While Indigo's same store sales for the quarter were up over last year, revenue was down. The revenue loss was due to store closures and renovation of others. Indigo expects revenue to increase going forward.

Panzer says, "Hmm ... Closing the under performing stores makes sense to this little kitty."

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

To read the post tootle over to Indigo