In an interview with BNN Bloomberg, Heather Reisman said she ended her retirement to return to the top post after succession plans went awry and “Indigo took a journey off brand.” The TV channel’s preview of the full-length interview, set to air Friday, also noted that the bookstore chain has been subject to takeover interest. Indigo did not immediately respond to The Logic’s request for comment. (BNN Bloomberg)
Talking point: Reisman, who founded the retailer, resumed the CEO role mid-September after the abrupt resignation of her successor, Peter Ruis. She had just started her retirement several weeks prior. In the interview, Reisman said “everyone was doing their best,” but the retailer “lost sight of who we are,” selling products like expensive barbecues and vibrators. She does not yet know who will ultimately succeed her as CEO. Ruis’s resignation followed a string of exits, including COO Gil Dennis, president Andrea Limbardi and four board members. The company has been grappling with the fallout from a recent cyberattack and sluggish sales.