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.

TSXV:RET - Post by User

Reitmans Ord Shs > Wholesale and Retail trade jobs

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Comment by Torontojayon Jan 08, 2024 5:58pm

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Post# 35816526

RE:RE:RE:RE:RE:RE:Wholesale and Retail trade jobs

This is where you make no sense. Are you saying earnings 6 months out is going to look good? There is approximately 1.2 million households that have to renew their mortgages in Canada. Where is this money going to come from to support a retail clothing store?

A recession is necessary to weed out all the malinvestments from this country before Canada can prosper again. We are a long time away from an earnings rebound.

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