Reitmans Ord Shs V.RET

Alternate Symbol(s): RTMAF | V.RET.A | 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 > Wholesale and Retail trade jobs

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Comment by flamingogoldon Jan 08, 2024 3:54pm

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Post# 35816290

RE:Wholesale and Retail trade jobs

This is exactly what Tiff wants and expectations of a 1/4 pt rate drop by the Spring just increased. No skull crushing recession, only those that were on the verge of personal bk anyway are feeling the pain.

Torontojay wrote:
Canada added only 100 jobs for the month of December. They lost 23,500 full time jobs and replaced them with 23,600 part time jobs. I am not surprised as Canada has been in a recession for at least the second half of the year. I would not be surprised to see some negative prints in the months ahead.

Wholesale and retail trade which is highly sensitive to interest rates shed a total of 20,600 jobs. Productivity has declined for the last 6 quarters which is a horrendous outcome for Canada. No matter which way you wish to spin the narrative, it's not looking good.

https://globalnews.ca/news/10205704/statistics-canada-jobs-report-dec-2023/amp/