![]() The question facing Ruis is how he can rebuild confidence from consumers, said Donna Smith, the director of Toronto Metropolitan University's School of Retail Management. "The good news is each week, more of them come back, but it's definitely, I would say, still a challenge for us to get everyone back." "Naturally, when you close something down for a little bit of time, you lose a few customers on the way and you have to beckon them back," he said. Ruis took it as a sign that "we've got to work a little bit harder." While most customers stuck with the brand after the February attack, which was carried out via ransomware software known as LockBit, the company reported it lost $50 million in its last fiscal year and put some of the blame on the incident. Her departure came on the heels of a debilitating cyberattack that downed Indigo's website for weeks, forcing the company to eventually rebuild its e-commerce presence, and as four of its 10 directors left the board, with one attributing her resignation to a "loss of confidence in board leadership" and "mistreatment." Reisman, who was chief executive until 2022 and is known for bestowing "Heather's Pick" stickers on her favourite books, retired from the board on Aug. Indigo is entering a new chapter, its first without Heather Reisman, who built the retailer into a dominant Canadian chain and mall stalwart with 171 stores and counting under the Indigo, Chapters, Coles and Indigospirit banners. The 16,000 square-foot store - the first using the retailer's new urban concept - will be a play on the company's long-held strategy of blending books with lifestyle products, but for chief executive Peter Ruis, it will also be a test. Nightly Briefing newsletter: Sign up for an in-depth look at the day’s most compelling newsĪ listening booth will offer up stacks of records to buy and a jukebox to sample jams, and other areas will be abuzz with 1980s pinball and Pac-Man machines for gamers.Top business headlines, all in one place.There will be nooks dedicated to home fragrances, plants and popular Japanese graphic novels known as Manga. opens the doors to its forthcoming location in downtown Toronto's Well building this September, shoppers will immediately realize the space is more than a bookstore.Ī blue Citroen truck dating back to the 1950s will sit by the entrance serving pastries, coffee, beer and wine. ![]()
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