Chapters Inc. was formed following the merger of Coles and SmithBooks, then Canada’s two largest bookstore chains. In 1994, Canadian General Capital and Pathfinder Capital purchased SmithBooks from Federal Industries, and later that year acquired Coles from Southam Inc. The strategy was to build a strong base company and use its financial strength to invest in the development of large format book superstores.
In April 1995, the merger of SmithBooks and Coles was finalized, and in November 1995, the new company,
Chapters Inc. opened its first two book superstores and from there grew to become the largest book retailer in Canada, operating bookstores in all provinces, under the names Chapters, Coles, SmithBooks, and World's Biggest Bookstore.
[ Source: www.chapters.indigo.ca ]
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Indigo Books & Music Inc
Indigo Books & Music Inc. was created in 1996, and opened the first Indigo store, called Indigo Books Music & more, in Burlington, Ontario on September 4, 1997. By 2000, the chain had expanded to 14 locations across Canada.
Indigo Books & Music was the first Canadian book retail chain to add music, gifts and licensed cafes to their distinctive store locations, making shopping a real social event, a leisurely experience that could comfortably and enjoyably stretch over hours.
[ Source: www.chapters.indigo.ca ]
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