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Encyclopedia > Indigo Books and Music
Indigo Books store at the Toronto Eaton Centre
Indigo Books store at the Toronto Eaton Centre

Indigo Books & Music, Inc. (TSE: IDG) is a retail chain in Canada. It was created in 1996, and their first store, called Indigo Books, Music & More, was opened in Burlington, Ontario on September 4, 1997. With the aid of Onex Corp., Indigo engaged in a hostile takeover of Chapters Inc., their largest competitor, on August 14, 2001. The founder and CEO of Indigo is Heather Reisman, wife of Gerry Schwartz, majority owner and CEO of Onex Corp. Download high resolution version (1600x1200, 876 KB)Indigo Books store at the Toronto Eatons Centre This image has been released into the public domain by the copyright holder, its copyright has expired, or it is ineligible for copyright. ... Download high resolution version (1600x1200, 876 KB)Indigo Books store at the Toronto Eatons Centre This image has been released into the public domain by the copyright holder, its copyright has expired, or it is ineligible for copyright. ... The Toronto Eaton Centre is a large shopping mall and office complex in downtown Toronto, Ontario Canada, named after the now-defunct Eatons department store chain. ... 1996 (MCMXCVI) was a leap year starting on Monday of the Gregorian calendar, and was designated the International Year for the Eradication of Poverty. ... Motto: Stand By Coordinates: Country Canada Province Ontario Region Halton Regional Municipality Established 1874 Mayor Rob MacIsaac Governing Body Burlington City Council MPs Mike Wallace (CPC), Garth Turner Independent MPPs Former Cam Jackson (PC) Area    - City 187 km²  (72 sq mi) Population    - City (2001) 150,8361(sc)  - Density 806. ... September 4 is the 247th day of the year (248th in leap years). ... 1997 (MCMXCVII) was a common year starting on Wednesday of the Gregorian calendar. ... Onex Corporation TSX: OCX is a Toronto based investment firm. ... Chapters is a bookstore chain throughout Canada. ... August 14 is the 226th day of the year in the Gregorian Calendar (227th in leap years), with 139 days remaining. ... This article is about the year 2001. ... Chief Executive Officer (CEO) is the job of having the ultimate executive responsibility or authority within an organization or corporation. ... Heather Reisman (born 1948 in Montreal, Quebec) is a Canadian businesswoman. ... Gerald Schwartz, born c. ...


Originally created as a bookstore, the company now sells books, magazines, CDs, DVDs, gifts, iPods, and toys through its website Indigo.ca, and in its stores.


In recent years, Indigo has partnered with Apple and iUniverse publishing. Indigo also manufactures its own brand of products, called IndigoLife. In addition, Indigo created the Indigo Trusted Advisor Program to help consumers make informed decisions when selecting books in categories such as health. This program provides customers access to expert book recommendations from Canada's leading physicians and healthcare professionals. The Trusted Advisor panel is made up of physicians and health professionals who volunteer their time to review books within their area of expertise and to approve those they would feel confident recommending to their patients. Recently, this program was expanded to include geopolitics and the environment.


In 2001, Indigo generated controversy by removing Adolf Hitler's "Mein Kampf" from the shelves. Similarly, the company chose in 2006 not to sell the June issue of Harper's magazine which featured an article by Art Spiegelman, in which he reprinted and discussed controversial cartoons that had sparked violent demonstrations around the world. Indigo also chose to not distribute the issue of Western Standard which reprinted and discussed those same cartoons.[1] Hitler redirects here. ... Cover of Mein Kampf (First Edition) Mein Kampf (English translation: My Struggle) is the signature work of Adolf Hitler, combining elements of autobiography with an exposition of Hitlers political ideology of Nazism. ... An issue of Harpers Magazine from 1905 Another issue, from November 2004 Harpers Magazine (or simply Harpers) is a monthly magazine of politics and culture. ... Art Spiegelman (born February 15, 1948) is an American comics artist, editor and advocate for the medium of comics, best known for his Pulitzer Prize-winning comic memoir, Maus. ... The Western Standard bills itself as Western Canadas only national news magazine and is printed 24 times a year. ...


In 2006, Indigo's flagship "Chapters" store in downtown Vancouver, BC was unionized. It was the latest to do so of only three total unionized stores in the chain, including one in Toronto (World's Biggest Bookstore) and one in Montreal (Indigo).

Contents

Love of Reading Fund

In 2005, Indigo started the Love of Reading Fund, a program which helps provide new books and learning materials to high-needs elementary schools, enhancing the literacy and self-esteem of students. Indigo Books & Music Inc., commits over $1.5 million annually to schools across the country. This money is raised in part through donations and fundraisers, as well and profits from certain Love of Reading products, such as plush toys and gift wrap. The list of past recipients can be viewed here <http://www.chapters.indigo.ca/home/article/ilor_grant_recipients> .


Employee Programs

Indigo was listed in the 2006 and 2007 edition of Canada's Top 100 Employers, as well as Greater Toronto's Top 50 Employers (2007). This is due in part to the exceptional staff rewards program, which includes benefits eligibility for both full-time and part-time employees. Indigo also offers a company matched RRSP program and yearly employee scholarships. Staff are rewarded on a daily basis through the recognition program, IthankYou, and are supported by a comprehensive training system.


Criticism

Indigo Books has faced occasional protests due to CEO Heather Reisman's role in co- founding the Heseg Foundation for Lone Soldiers[2] along with husband Gerald Schwartz. This has come from the pro-Arab Toronto-based Coalition Against Israeli Apartheid, which recently started a campaign that demands an end to the financial support offered by the majority owners of Chapters and Indigo to Heseg.[3]. Heather Reisman (born 1948 in Montreal, Quebec) is a Canadian businesswoman. ... Gerald Schwartz, born c. ...


Head office

Location: 468 King Street West, Suite 500, Toronto, Ontario, Canada, M5V 1L8
Number of employees: 6,000[4]


Financials

Revenue for 2006: $849.6 million CAD
Net Earnings for 2006: 25.3 million CAD
ISO 4217 Code CAD User(s) Canada Inflation 2. ... ISO 4217 Code CAD User(s) Canada Inflation 2. ...


Management

Heather Reisman — Chief Executive Officer
Jim McGill — Chief Financial Officer
Michael Serbinis — Chief Information Officer
Victor DiRisio — Executive Vice-President, Supply Chain Management
Deirdre Horgan — Executive Vice-President, Marketing
Jonathan Ehrlich — Senior Vice-President, Online
Lloyd Perlmutter — Executive Vice President, Retail Operations and Customer Experience
Tova White — Vice-President, Human Resource/Organization Development
Joel Silver — Senior Vice-President, Print Procurement
Eric Berthold — Senior Vice President, Lifestyle[5] Heather Reisman (born 1948 in Montreal, Quebec) is a Canadian businesswoman. ...


Sources

  1. ^ "A little more free speech, please". The Gazette (May 31 2006).
  2. ^ "Heseg Foundation Founders".
  3. ^ "CAIA Launches Indigo/Chapters Boycott".
  4. ^ "About Indigo Books & Music Inc".
  5. ^ "Indigo Books & Music Inc Managament".

External links

  • Indigo Books and Music
  • Indigo pulls controversial Harper's off the shelves - a Globe and Mail article
  • Canadian Encyclopedia: Chapters Bid
  • Donney's Cafe: Bookselling and Book Publishing in Canada, an emergency report
  • Publishers Weekly: Heather Reisman: "Cautiously, Respectfully Bullish"

See also: book, publishing A chained book in the Bodleian Library at Oxford University A book is a collection of paper, parchment or other material with text, pictures, or both written on them, bound together along one edge, usually within covers. ... This article is concerned with the production of books, magazines, and other literary material (whether in printed or electronic formats). ...


  Results from FactBites:
 
Indigo Books and Music: Information from Answers.com (375 words)
Indigo Books and Music, Inc. (TSE: IDG) is a retail chain in Canada.
The founder and CEO of Indigo is Heather Reisman, wife of Gerry Schwartz, majority owner and CEO of Onex Corp.
Indigo also chose to not distribute the issue of Western Standard which reprinted and discussed those same cartoons.
  More results at FactBites »


 

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