Reitmans Ord Shs V.RET

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

Consumer Cyclical

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

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Comment by hattar12on Sep 05, 2020 7:53am

200 Views

Post# 31515145

RE:RET.A is on fire. Reitmans reconstruction plan is working.

kinpin wrote:
This will easily go back to $2++. This is now a hot pick. Such low shares outstanding which makes it even more attractive. You can't go wrong buying at such huge discounts. My first buy was at 2.33. Now I lowered my average

so hope it goes to $2. they have stopped crazy sales at their retail stores which is sign they are making money and good financial position.
the question is how will the creditors respond, if creditors decline it will on the way to bankruptcy?

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