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 savyinvestor333on Jan 09, 2024 6:02am

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Post# 35816843

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

I have 2 children with mortgages one in the Toronto market. I advised them both to take 5 year fixed. they both renew in around 2 -3 years. Rates will probably be somewhere close to their last renewal rate within 1 or 2%. The ones in trouble are the ones that chose floartng rate unfixed mortgages.and are mortgaged to the max. Pretty well the same thing as buying stocks uo to your margin limit and hoping for the best. It doesn't always work out good.

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