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Reitmans Ord Shs V.RET

Alternate Symbol(s):  RTMNF | RTMAF | V.RET.A

Reitmans (Canada) Limited is a Canada-based specialty apparel retailer for women and men, with retail outlets throughout the country. The principal business activity of the Company is the sale of women’s wear. The Company operates three different brands: Reitmans, Penningtons and RW&CO. The Reitmans banner is a specialty fashion destination. The Reitmans has an online presence and store locations across the country. Penningtons is a destination for plus-size fashion, ranging from sizes 14 to 32. Penningtons operates stores across Canada, as well as an ecommerce site at penningtons.com. RW&CO. operates stores averaging 4,500 square feet in premium locations in shopping malls, as well as on their e-commerce site. Specializing in menswear and womenswear, the brand delivers versatile, well-crafted collections and brand experiences. It operates approximately 391 stores under three distinct banners consisting of 226 Reitmans, 85 Pennington, and 80 RW&CO.


TSXV:RET - Post by User

Bullboard Posts
Comment by eljoroon Jan 05, 2017 9:00am
182 Views
Post# 25669509

RE:December S.S.S and Ecommerce numbers look real impressive.

RE:December S.S.S and Ecommerce numbers look real impressive.Excellent numbers! Good to see RET continue to impress...

It's also important to note that due to a quirk in the calendar this year most Canadian kids are off until the 2nd week of January. Normally they are back to school by now but this year the first week of January everyone is still off due to New Year's Day falling on Sunday Jan 1st. By extension more families are taking this week off than usual as well.

That means the malls will be busier than usual the first week of January and I suspect retailers will see Y/Y january numbers better than usual.
Bullboard Posts