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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.


TSXV:RET - Post by User

Reitmans Ord Shs > What recession?
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Comment by savyinvestor333on Jan 13, 2024 12:24pm
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Post# 35825161

RE:RE:RE:RE:RE:What recession?

RE:RE:RE:RE:RE:What recession?It's like I mentioned the other day. The stock is not the economy. We don't know what the market is pricing in for bad news. Obviously Aritzia shareholders were pricing in real bad news and it wasn't that bad. I think we are totally in the same boat here. And regarding these morgtage renewals Iimpacting retail sales I don't think Reitman's clientele is in the demographic of having just bought housing. It is a mostly older clientele and alot of them would be mortgage free.
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