The bookstore-turned-lifestyle-brand is navigating tumult in its leadership, governance, and finances. But Canadians should be rooting for its survival
Beyond the boardroom, it has been a very rough time for Indigo. In February, a devastating ransomware attack disabled its website for weeks. Indigo lost money inincluding a nearly $50-million loss in 2023 it attributes partly to the cyberattack.I don’t know Ms. Reisman, but I appreciate that she created a brand that celebrates Canadian books. Indigo is not just Canada’s book retailing giant; it is an essential part of our publishing ecosystem, for better or for worse.
Canadian publishers and authors rely on Indigo – for sales, yes, but also for marketing and visibility. A prominent Indigo display or in-store event can be a huge boost. Landing a Heather’s Pick sticker on your cover offers a promise of success.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Opinion: No single cause to blame for housing crisisThe housing crisis is a complex, multifaceted problem
Read more »
Opinion: Don't scapegoat grocers and food manufacturers for high food pricesWho\u0027s to blame for soaring food prices in Canada? To put it simply: war, energy prices and weather. Read more.
Read more »
Opinion: Canfor owes us, not the other way aroundWe never sold the rights to our public forests.
Read more »
Opinion: Canada’s science and tech ecosystem is broken — businesses need to invest moreCanada has been the worst performing advanced economy in the Organization for Economic Co-operation and Development since 1976
Read more »
Opinion: Despite strained Indian ties, Canada must stay the course on Indo-Pacific strategyJust as trade and investment with China continued during the crisis of the ‘two Michaels,’ Canada should continue to engage with India economically
Read more »
Opinion: How far should Canada go in pressing India over Hardeep Singh Nijjar’s killing?Continuing to take a firm stand against India will lead to serious political and economic consequences
Read more »