Reitmans Ord Shs V.RET.A

Primary Symbol: V.RET Alternate Symbol(s): RTMNF | RTMAF

Consumer Cyclical

Reitmans (Canada) Limited is a Canada-based women's specialty apparel retailer with retail outlets throughout Canada. The principal business activity of the Company is the sale of women’s wear. The Company operates through the sale of women’s specialty apparel to consumers through its retail banners. The Company operates under three banners: Reitmans, Penningtons and RW&CO. Reitmans is a specialty fashion destination. Reitmans has an online presence and store locations across the country. Penningtons is a destination for plus-sized fashion, ranging from sizes 14 to 32. Penningtons operates stores across Canada. RW&CO. operates stores in shopping malls, as well as on their e-commerce site. RW&CO. specializes in menswear and womenswear, the brand delivers versatile, well-crafted collections and brand experiences. The Company operates 406 stores consisting of 235 Reitmans, 91 Penningtons and 80 RW&CO.

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Reitmans Ord Shs > Canada unemployment rate rises

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Comment by Torontojayon Jun 09, 2023 11:46am

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Post# 35488554

RE:RE:Canada unemployment rate rises

Nozz, you are stubborn.

The second half of the year is not looking good for both Canada and the US.

Reitmans might have a good quarter but the lags can be quite long. I'm always reminded that two thirds of Canadians have to renew their mortgages at much higher payments. This will take away from discretionary spending and consumption in general. If you wish to call this noise, then that's your problem, not mine.

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