Reitmans Ord Shs V.RET

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

Consumer Cyclical

Reitmans (Canada) Limited is a Canada-based specialty apparel retailer for women and men, with retail outlets throughout the country. The principal business activity of the Company is the sale of women’s wear. The Company operates three different brands: Reitmans, Penningtons and RW&CO. The Reitmans banner is a specialty fashion destination. The Reitmans has an online presence and store locations across the country. Penningtons is a destination for plus-size fashion, ranging from sizes 14 to 32. Penningtons operates stores across Canada, as well as an ecommerce site at penningtons.com. RW&CO. operates stores averaging 4,500 square feet in premium locations in shopping malls, as well as on their e-commerce site. Specializing in menswear and womenswear, the brand delivers versatile, well-crafted collections and brand experiences. It operates approximately 391 stores under three distinct banners consisting of 226 Reitmans, 85 Pennington, and 80 RW&CO.

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Reitmans Ord Shs > Pretty Interesting Video

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Comment by Mephistopheles3on Sep 13, 2022 3:27pm

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Post# 34960176

RE:RE:Pretty Interesting Video

You probably saw this morning, but Roots posted some decent results for the quarter. Retail is still going strong right now, despite rate hikes and inflation.

I don't think the online marketplace will result in anything to be honest, it looks a bit gimmicky just to say that they're doing something.. i mean why bother when consumers can just go on Amazon and pull up an infinity of third party vendors? Even Walmart tries to do that online marketplace and theirs just sucks.

I think the next quarter results should be very interesting as we should be in a profitable quarter with no impact from the pandemic.

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