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Home > Company Index > Specialty Retail > Music, Video, Book & Entertainment Software Retailing & Distribution > Chapters Inc.
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Chapters Inc. |
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NEWS FROM THE WIRES |
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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 |
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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 |
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Amazon.com, Inc. (AMZN)
Barnes & Noble, Inc. (BKS)
Indigo Books & Music & More, Inc. (dossier)
DEALS |
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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
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FINANCIAL OVERVIEW |
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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 |
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Heather M. Reisman
CEO
Ian Young
CFO
CONTACT INFO |
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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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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
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