Indigo will pivot back to books

After Indigo’s recent board upheaval and sad earnings report, returning CEO Heather Reisman is taking a page out of the Barnes & Noble reinvention playbook: A return to bookselling after a costly detour into lifestyle retail. Michael Cader at Publishers Lunch noted (sub required) that Indigo’s goal is to increase book sales to 65–70 percent of the company’s revenue; the last time books held that kind of revenue share was March 2015.