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  September 5, 2001
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Home > Company Index > Specialty Retail > Music, Video, Book & Entertainment Software Retailing & Distribution > Chapters Inc.

Chapters Inc.
 NEWS FROM THE WIRES
C&D Technologies sees sales drop hurting Q3 profits
Aug 21 2001 07:33 AM PDT

UK shares turns mixed, steady Wall St helps
Aug 07 2001 07:10 AM PDT

Chapters has loss as restructuring charges mount
Aug 07 2001 07:07 AM PDT

S.Africa union, Anglogold reach wage deal
Jul 27 2001 10:48 AM PDT

Chapters to buy remaining Chapters Online shares
Jul 27 2001 10:47 AM PDT

More WIRE STORIES about this company

 PROFILE
Books are full of chapters, but Chapters is full of books. As Canada's #1 bookseller, it has more than 250 stores throughout the nation operating under names such as Chapters, Coles, SmithBooks, and World's Biggest Bookstore. The company also runs a college bookstore division. It has cut jobs from its struggling online operations and its book wholesaling business (Pegasus Wholesale). Weakened by overexpansion and a market share battle with rival chain Indigo Books & Music & More, Chapters accepted an unwanted takeover bid by Trilogy Retail Enterprises (created by Indigo founder, now Chapters' CEO, Heather Reisman, and her husband) in early 2001. Trilogy, which owns 70% of Chapters, is merging Chapters with Indigo.

 COMPETITION
Amazon.com, Inc. (AMZN)
Barnes & Noble, Inc. (BKS)
Indigo Books & Music & More, Inc. (dossier)

 DEALS
Deal: Sequoia Capital Invests in Chapters Inc.
Date Announced: 08.31.99
Value of transaction (US $Mil): 11
Description: VC firm makes private placement of $11 million in Canadian Internet retailer.

Search all deals for this company

 FINANCIAL OVERVIEW
Fiscal Year-End: March
2000 Sales (mil.): 455.40
1-Yr. Sales Growth: (21.2)%
Employees: 6,400
Revenue per employee: $71,156.25

 KEY PEOPLE
• Heather M. Reisman
    CEO
• Ian Young
    CFO

 CONTACT INFO
90 Ronson Dr.
Toronto Ontario M9W 1C1, Canada
Phone: 1-416-243-3138
Fax: 1-416-242-3370
Online: Web Site

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