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News Stories Wednesday, November 9, 2005   
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Q2 web sales grow 41% at ChaptersIndigo.ca


Indigo Books & Music Inc. is reporting that e-commerce sales for the second quarter of the 2006 fiscal year totaled $16.5 million, an increase of 41% from $11.7 million from the same period a year ago.

Overall the web accounted for 10% of total sales of $156.8 million in Q2 2006 compared to the second quarter of fiscal 2005 when the Internet represented 8% of total sales of $141.6 million.

Online sales for ChaptersIndigo.ca, No 132 in the Top 400 Guide to Retail Web Sites, were up in part because of strong sales of Harry Potter and the Half-Blood Prince, the company says.

“Results this quarter show very satisfying momentum," says CEO Heather Reisman. "Supply chain improvements, a continued focus on customer service and in-store merchandising combined to improve performance overall."

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