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Reitmans Ord Shs V.RET

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

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 pennylane101on Nov 15, 2023 11:21am
138 Views
Post# 35736906

RE:Donville Kent Newsletter A good read on Reitman's

RE:Donville Kent Newsletter A good read on Reitman'sAs most of you who have been following Reitmans know, I am out.  However, the company is still on my radar.  I read the article, thank-you for the link Savvy.  Now I know who bought up most of my voting shares at $3.50.

So Reitmans can't uplist to the Tsx because of the absence of the coattail clause for the non-voting shares?  I do recall reading an article earlier this year that management had no intention of uplisting to the Tsx -- I believe this was a direct quote.  Recently there was a rumour that yes, they did intend to uplist ----but it was just a rumour, right?  Did they change their minds?  If they have, it could be interesting.  Honestly, I'm enjoying collecting passive income at the mo. I'm due for my half yearly interst payments in early December.  For the first time in my life, I feel wealthy.   ;0)

The retail space is taking a hit right now, BadBoy just declared bankruptcy.
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