Will Indigo Change the Future of Bookselling?
US bookstores may soon face competition from their northern neighbor. Indigo Books & Music, Canada's biggest bookstore chain, was one of North America's only big-box chain bookstores that survived the threats posed by e-reading and Amazon. Now, Indigo says it wants to expand in the US.
That's according to Chief Executive Officer Heather Reisman, who spoke withBloomberg in an article published Tuesday. "I want the stock back up at 20 and beyond, that's my ambition: make this thrive and then take it outside the country," Ms. Reisman told Bloomberg.