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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

Comment by Northforce13on Jun 19, 2023 9:24pm
207 Views
Post# 35504346

RE:Like Indigo, growth and diversification

RE:Like Indigo, growth and diversification I think an equally intelligent idea would be for RET to merge with Hammond Manufacturing.  

Combining the two cash cows would be great, Hammond is shaping its growth through international sales of its electrical boxes and power systems.

RET could introduce those products into its stores and offer ladies a free electrical box with each dress purchase that they could give to their handyman husbands.  No competitors have such a brilliant never thought of strategy plan.

Like I said, that idea is equally intelligent as the one you put forward.

Or maybe with Cipher Pharmaceuticals.  Cipher is developping a nail fungus cure, and since nail fungus affects 10% of old people, old women with nail fungus would pile into the stores if there were promotions like, get a dress and get a free tube of nail fungus ointment.  This is another equally intelligent idea. 

If only smart people like us were running RET, it's success would be super duper awesome.
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