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The company was founded in 1996 by Heather Reisman, who is married to Gerry Schwartz, majority owner and CEO of Onex Corporation. The company's first big-box bookstore initially called "Indigo Books, Music & More", was opened in Burlington, Ontario on September 4, 1997.
Chapters, the big box bookstore banner is owned by Indigo. Chapters Inc. is a Canadian big box bookstore banner owned by Indigo Books and Music. Formerly a separate company competing with Indigo, the combined company has continued to operate both banners since their merger in 2001. As of July 2017, it operated 89 superstores under the banners ...
As of March 2010, Indigo Books & Music owned 58% of Kobo Inc. Rakuten acquired the company from these owners in January 2012. [7] [8] On 23 May 2016, Waterstones announced it had sold its eBook business to Rakuten Kobo Inc., and as of 14 June 2016, users were required to access their eBooks via Kobo's eBook site.
Heather Reisman. Heather Maxine Reisman OC (born August 28, 1948) is a Canadian businesswoman and philanthropist. Reisman is the founder and chief executive of the Canadian retail chain Indigo Books and Music. She is the co-founder and past Chair of Kobo, and was appointed an Officer of the Order of Canada in 2019.
Coles. Coles is a Canadian bookstore chain owned by Indigo Books and Music. Coles is Indigo's brand for small-scale bookstores in locations such as shopping malls. Some locations are operated as SmithBooks, and the company has recently begun to open selected small-format locations as "IndigoSpirit". [1]
Indigo is a term used for a number of hues in the region of blue.The word comes from the ancient dye of the same name.The term "indigo" can refer to the color of the dye, various colors of fabric dyed with indigo dye, a spectral color, one of the seven colors of the rainbow as described by Newton, or a region on the color wheel, and can include various shades of blue, ultramarine, and green-blue.
In 1974, Prudential Insurance Company of America began working with The Taubman Company, which was The Mall at Short Hills' owner at that time. By 1980, the two organizations had completed a two-year, $100 million project to enclose the mall, which by then included 1,160,000 square feet (108,000 m 2) of gross leasable space and three anchor stores
The company's original motto is "We buy and sell anything printed or recorded except yesterday's newspaper", and many of the used books, music, and movies for sale in each location are purchased from local residents. The corporate office is located in the flagship Northwest Highway location in Dallas, Texas. Half Price Books now operates more ...