Complex sentence: Coles currently serves as Indigo's brand for small-scale bookstores in locations such as shopping malls, although some locations are operated as SmithBooks, and the company has recently begun to open selected small-format locations as "IndigoSpirit".
Split into simpler sentences: Coles currently serves as Indigo's brand for small-scale bookstores in locations such as shopping malls. Some locations are operated as SmithBooks, and the company has recently begun to open selected small-format locations as "IndigoSpirit".