Bullboard - Stock Discussion Forum 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... see more

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Reitmans Ord Shs > MONITOR'S REPORT ALREADY OUT SINCE SEPTEMBER 22, 2021

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Post by modulex on Sep 27, 2021 1:52pm

MONITOR'S REPORT ALREADY OUT SINCE SEPTEMBER 22, 2021

You may want to consult REITMANS CANADA LIMTED - Martin Rosenthal's 7th CCAC Report at:

https://documentcentre.ey.com/#/detail-engmt?eid=380

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Comment by Deepvalue1981 on Sep 27, 2021 3:41pm

I wonder if they will look to sell their real estate as a way to finance a potential settlement with creditors. I believe they own a 500,000 sf distribution centre near the port of Montreal along with an office building also located in Mtl. Given current demand for warehousing I imagine the distribution centre would fetch a high price.

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