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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 savyinvestor333on Mar 15, 2024 8:04am
42 Views
Post# 35934425

RE:Retail is booming

RE:Retail is booming
Torontojay wrote:

Or maybe not. 

Dollar tree in the US to close about 1000 stores. This isn't an isolated event with Dollar General showing lower sales in Q4 relative to last year. Before anybody tells me that Canada's retail landscape is different than the US I'd argue that yes we are different. We are much worse. 

Retail is retail and people are cutting back on spending. 


Maybe so but sitting on the sidelines is not the way to go. I am up nearly 10% so far this year. Markets are humming and Dr Copper is seeing a BIG Breakout. You are getting left in the dust with your strategy.
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