Reitmans Ord Shs V.RET.A

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

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 > Retail suffering in Canada

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Comment by CanadianPatrioton Jan 07, 2024 2:33pm

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Post# 35814681

RE:RE:RE:RE:RE:RE:RE:Retail suffering in Canada

Costco is your barometer as it eats away already declining share in the small business area?

savyinvestor333 wrote: So much for that recession Toronto Jay keeps calling for. Here is a link to Coscto's Dec sales data
Canada lwas the leader in same store sales growth of over 11%.

https://www.streetinsider.com/Corporate+News/Costco+%28COST%29+Reports+December+2023+Sales+of+%2426.15B/22596470.html#:~:text=Costco%20Wholesale%20Corporation%20(%E2%80%9CCostco%E2%80%9D,from%20%2423.80%20billion%20last%20year.

I'm starting to think Torontojay is actually David Rosenberg. Nothing but doom and gloom while the invested ones are seeing thier Portfolios hit all time highs while he waits for the recession.
GLTA