Reitmans Ord Shs V.RET

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

Consumer Cyclical Apparel Stores

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

Reitmans Ord Shs

Bullboard Posts

Comment by eljoroon May 15, 2017 5:25pm

245 Views

Post# 26246844

RE:stock plummeting

My guess is that it has to do with the rise of the US dollar (hurts Reitman's when it has to buy goods in the US) and the fact that Q1 is often the weakest in the retail sector.

I actually sold soon after I bought in last month when the US dollar started to weaken, basically break even. I might have to buy back in again, again! I have an obvious weakness for this stock...

Best,
El Joro

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@ the Bell: TSX advances to start off Christmas trading week