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Indigo Books & Music Inc.

Posted on January 3, 2021January 3, 2021

Indigo Books & Music Inc., known as “Indigo” and stylized “!ndigo”, is a Canadian bookstore chain. It is Canada’s largest book, gift, and specialty toy retailer, operating stores in all ten provinces and one territory, and through a website offering a selection of books, toys, home décor, stationery, and gifts. Most Chapters and Indigo stores include a Starbucks café inside.

At the end of its fiscal year in March 2018, the company reported a record annual revenue surpassing CAD $1 billion. As of July 1, 2017, the company operated 86 superstores under the banners Chapters and Indigo and 123 small format stores, under the banners Coles, Indigospirit, and The Book Company.

Indigo is headquartered in Toronto, Ontario and employed more than 7,000 people throughout Canada.

After a series of mergers and acquisitions in the Canadian bookstore industry, Indigo, founded by Heather Reisman, stands as Canada’s last remaining national bookstore chain. In late 2017, announcements were made to expand to the United States, starting with a location in The Mall at Short Hills.

Traded as:           TSX: IDG

Industry:              Bookselling

Founded:            1996; 25 years ago

Founder:             Heather Reisman

Headquarters:   Toronto, Ontario, Canada

Website:              www.indigo.ca

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