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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
Post by modulexon Dec 20, 2017 7:36pm
410 Views
Post# 27200690

REITMANS FATE IS NOT FAR AWAY

REITMANS FATE IS NOT FAR AWAYwalter lamothe, an executive has left the company recently. ret.a stock is a nuisance, obviously. i have written to jeremy reitman and he never responded. i am thinking to send him all scripts from this panel to let him know that he is not working for all of its shareholders. luckily, the company has no debt or a very little amount and it is still paying a modest $0.05 quarterly dividend. i have long said it. reitmans is finished to the bone. i went to see their stores and cheap clothings. this company should get it done and over with. letko brosseau is a major institutional shareholder which i advised a few years ago to put up steam towards the board of directors and get it out of the marketplace, perhaps take it private.
Bullboard Posts