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Peter Ruis, the new chief executive of Indigo Books and Music, has 30 years of retail experience at major chains around the world.
Peter Ruis, the new chief executive of Indigo Books and Music, has 30 years of retail experience at major chains around the world. Photo by Luke MacGregor /Bloomberg

The biography of Yousuf Karsh, the famous portrait photographer who captured the visages of well-known figures such asWinston Churchill and Marilyn Monroe, was purchased by Peter Ruis after he saw the works of Yousuf Karsh in a museum.

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He said by phone from Paris, where he was attending a conference for retail, that he bought his book and it has a lot on his life, but it also has wonderful anecdotes as to what happened with the photographs. It's really interesting to learn the conversation around the photograph when you're doing portraits of people like Picasso and JFK.

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Regardless of where he is or what he is currently doing, Ruis always seeks out books to learn more about his interests. His love of books is one of the reasons he is excited to become the new CEO of Indigo.

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I like to read books. I like reading books. He said that English was his favorite subject. Two of the books I read when I was a teenager are still my favorites today.

The new era for the largest book retailer in Canada will be ushered in by the promotion of the president. The Englishman has 30 years of experience in retail and worked in senior roles for brands such as Ted Baker and John Lewis.

He has a lofty task ahead of him as he tries to shore up profits at the retailer, which has struggled with the broad consumer shift to e-Commerce while navigating PAIN, such as supply- chain issues and higher input prices.

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Indigo ended its latest fiscal year on a high note, with net earnings of $3.2 million, or 12 cents a share, its first positive report in a long time.

The bad news came to an end there. In August, the company reported a net loss of over twenty million dollars due to higher input and processing costs.

Prior to joining Indigo, Ruis spent two years at Urban Outfitters helping to expand its Anthropologie brand in Europe, creating products and an online presence that caters to that market's tastes.

He said that his role at Anthropologie was never going to be long because he wanted to be at the center of the organization. It is easier to be at the center of the brand than it is to run a satellite.

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After he was hired, his eventual succession to Indigo's top role was always planned. He said that making the decision to move was easier because of the Pandemic.

He said there was something about the period that made them crazy. My craziest thing was to move the world.

In order to push Indigo to be bigger and bolder, the CEO wants to turn it into a cultural odyssey of a store. The company will launch a new website next month that is meant to improve the digital experience for its customers.

  1. Indigo Books & Music signage outside a store at Yorkdale Mall in Toronto.
  2. Hudson's Bay Co. has announced a comeback of the Zellers brand.
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He is trying to make the in-store experience worthwhile for shoppers by keeping brick-and-mortar stores at the centre of Indigo.

He said that they will always have an incredible sort of modern, progressive outlook in terms of everything they do and talk about.

He is going to finish the last page of his current read before he starts.

The email is bbbharti@postmedia.