After a rough pandemic, a cyber attack that shut down digital and in-store operations in 2023, and turnover in its executive ranks, Indigo CEO Heather Reisman noted in a podcast taping that the company has had a “tough four years,” the Canadian Press reports. Reisman stepped back from the company’s CEO role in 2022 and retired last year, a “wrong decision” that she said cost the company $120 million (CA). She said that the pandemic cost Indigo $160 million (CA) in cash, and the combined hit took a toll on the chain. “That’s a lot of money for any retail […]
