User Contributed Dictionary
Pronunciation
Noun
chapters- Plural of chapter
Extensive Definition
Chapters is a Canadian Big Box bookstore chain owned by
Indigo
Books and Music. Chapters and Indigo stores can be directly
compared to the American
bookstore chains Barnes and
Noble and Borders.
History
Chapters Inc. was created when Coles and SmithBooks, Canada's two largest book chains at the time, merged in 1994. SmithBooks was acquired from Federal Industries and Coles was acquired from Southam Inc. Canadian General Capital and Pathfinder Capital bought these two chains with the intention of building large-format book superstores.The new company was officially created in April
1995 and the first two book superstores were opened in November
1995. The original superstores were located in Burlington,
Ontario and Burnaby,
British Columbia.http://profile.canadianretail.com/chapters/
Chapters quickly changed the face of the book
selling industry in Canada. Previously, companies like Coles and
Smithbooks had many small stores. Chapters built large box stores
with a much larger product selection. Chapters provided chairs and
couches for their customers, as well as Starbucks coffee
shops, and did not discourage the reading of books inside the
store. The company became the largest book retailer in Canada, with
77 superstores branded as Chapters and more than 280 mall-based
stores under the names Coles, SmithBooks (formerly the Canadian
branch of W H Smith),
Classic Bookshops, the Book Company, and Active Minds. However, the
SmithBooks, the Book Company, and Classic Bookshops names have been
gradually phased and locations have been rebranded as Coles stores
in recent years. Canada's first book superstore, Toronto's World's
Biggest Bookstore, once part of the Coles chain, was also owned
of Chapters.
Chapters grew very quickly. It was criticized,
however, for several reasons. It was blamed for the demise of
several independent bookstores across Canada, especially
alternative stores carrying obscure or controversial titles.
Although it was said that Chapters also built its business around
moving massive numbers of a few bestsellers, the majority of its
sales came from backlist titles. As the company's market share grew
it began to assert pressure on publishers and distributors to lower
prices.
Chapters did not keep the box book store market
to itself, however, with the opening of Indigo.
Headed by Heather
Reisman, Indigo began to compete with Chapters in select
markets. Chapters further lowered prices, but began to have trouble
covering its debt when its new distribution centre, Pegasus, proved
ineffective. In the autumn of 2000 Indigo launched a hostile
takeover. By early 2001, it had been successful in purchasing
Chapters, but kept both the Chapters and Indigo brands;
subsequently a number of Chapters stores near Indigo locations were
closed. (Many Coles and SmithBooks
stores were shut down if they were too close to a Chapters
site).
Censorship
After the Indigo takeover, Chapters has on
several occasions refused to stock certain books and magazines for
their controversial content. These include Adolf
Hitler's Mein Kampf
http://www.goodreports.net/news/news4.htm,
several titles by David Icke, as
well as Firearm magazines http://www.eohc.ca/chapters.asp
and an issue of Harper's
Magazinehttp://www.theglobeandmail.com/servlet/story/LAC.20060527.CHAPTERS27/TPStory/National.
Controversy
In the summer of 2006, NION and the
Coalition Against Israeli Apartheid in Toronto began a boycott
campaign against Chapters-Indigo. The key reason for this boycott
is that Heather
Reisman and Gerry
Schwartz, the majority shareholders of Chapters-Indigo, started
and contribute over $3 million a year to the
Heseg Foundation, a charity which supports "lone soldiers,"
those who come from other countries to join Israeli military. On
the Heseg board are army and air force chiefs of staff, the head of
Israeli intelligence (Mossad), and Maj.
General Doren Almog who has been charged with war crimes by
Britain for his role in
bombing civilians. http://opirg-carleton.org/content/?q=node/242
External links
- Chapters Inc
- The Canadian Encyclopedia: Chapters Bid
- The Canadian Encyclopedia: Chapters Struggles to Survive
- Donney's Cafe: Bookselling and Book Publishing in Canada, an emergency report
- Publishers Weekly: Heather Reisman: "Cautiously, Respectfully Bullish"
- Indigo pulls controversial Harper's off the shelves - a Globe and Mail article