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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.
Indigo also gained the ownership of the Coles chain of small-format bookstores, which was also owned by Chapters. Indigo closed three high-profile stores in Toronto in the spring of 2014, including the World's Biggest Bookstore, which it acquired when it bought Chapters. In June 2014, Reisman said the company was headed into a new phase ...
Indigo purchased Chapters, and in turn Coles, in 2001. [12] A number of Coles locations continue to operate in Canada as of 2013, primarily in suburban shopping malls, though many have been closed in recent years, especially if located in close proximity to an Indigo or Chapters location, with others converted into IndigoSpirit stores.
The World's Biggest Bookstore was a bookstore in Toronto, Ontario, Canada, at 20 Edward St, just north of the Toronto Eaton Centre and the Atrium on Bay.Operating from 1980 until 2014, the three-storey store covered 64,000 square feet and was noted for its bright lights and over 20 kilometres of bookshelves.
In 2001, Indigo Books and Music acquired its main rival, Chapters, to form the largest book retailer in Canada, obtaining a clear leadership position in the book retailing industry. Reisman co-founded Kobo Inc. in 2009 and two years later, sold Indigo’s majority stake in Kobo to the Japanese company Rakuten for $315 million. [4]
Defunct book stores: Aqua Books — former independent bookstore in Winnipeg, Manitoba; The Book Room — in Halifax, Nova Scotia. At the time of its closing in 2008, it was the oldest bookstore in Canada. Highway Book Shop — near Cobalt, Ontario; Hyman's Book and Art Shoppe — an independent Jewish bookstore in Toronto, Ontario
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