Indigo Books' Profits Are Up for Last Year
The Canadian bookseller Indigo Books has released details on how well they did during 2010. Revenues for the last 3 months of 2010 were up $47 million over that of 2009. Online sales were up 6.5%, and in store sales were up 2.6% over last year’s. Other than this vague statement, the Kobo e-reader was no mentioned:
“We are pleased with our top line revenue growth, particularly in our rapidly growing digital business. Kobo eReaders were the hottest items in our stores over the holidays.
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