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Reitmans Ord Shs V.RET.A


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

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.


TSXV:RET - Post by User

Post by nozzpackon Jun 19, 2023 2:55pm
313 Views
Post# 35503806

Like Indigo, growth and diversification

Like Indigo, growth and diversification I still say IDG and Ret make a great merger.

Both have their core business as cash cows, IDG is already shaping its growth by diversifying into niche areas including children Sports apparel and Wellness products.

Undoubtedly, the former CEO of IDG which will soon lead Ret into its growth by diversification a La IDG, will be aware of  niches outside the current purview of IDG.

Together, the sum of the two parts will be greater than their simple current combined NPV.

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