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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Comment by PrivilegedP5000on Jun 22, 2023 4:46pm

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Post# 35510013

RE:RE:Why

I do see any synergies with an IDG merger of any kind.

This should be the game plan,

1) new CEO enhances margins and adds to e commerce and digital profile. Modestly increases the existing footprint.

2) Announces a dividend.

3) Uplists shares

4) Dual share structure is eliminated which pushes up share price.

5) controlling shareholders do a secondary to institutional investors

We could see a 15 share price under such a scenario.

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