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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 tompernson Mar 31, 2020 9:44am
107 Views
Post# 30863569

RE:RE:Spreads and Volume

RE:RE:Spreads and VolumeThe fact that insiders are not buying at this ridiculous valuation is very alarming to me. The ship definitely looks to heavy to turn around and current management surely don't seem to have a handle on things. I don't have a solution either but as a shareholder, i would love a privatization scenario or private equity buyout. Anything short of that, maybe closing 70 percent of stores and increasing e-commerce, but as you pointed, that is easier said than done.
Bullboard Posts