Canadian Indigo Books in expansion mode

<p>Canada&#39;s biggest book chain Indigo Books and Music is in growth mode, reports the National Post, building superstores, launching a completely new retail chain with a &quot;green&quot; theme, and going multimedia with an in-store television station, a documentary film and the launch of a social-networking website catering to book lovers. </p><p>&quot;&#39;We have a big, hairy, audacious goal of where we want to see this business go in the next five years,&#39; Heather Reisman, chief executive, told shareholders yesterday at the company&#39;s annual general meeting. &#39;The business is in great shape, and we are ready to start innovating and experimenting for growth.&#39;</p><p>Reisman said little about the new retail format other than it will &#39;fill what we see as &#39;white space&#39; in the consumer channel,&#39; and hinting at a concept built around environmental sustainability: &#39;Think green.&#39; She did not give a timeline for store openings. </p><p>Since acquiring rival Chapters. six years ago, Reisman has transformed Canada&#39;s biggest book chain from a $48-million loss in fiscal 2002 to a $30-million profit in fiscal 2006, an increase of 18% over the prior year.&quot;</p>