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Reitmans Ord Shs V.RET

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

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 > Plan of Arrangement...
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Comment by bucheroncapitalon Oct 13, 2021 10:55am
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Post# 34000906

RE:RE:RE:RE:RE:Plan of Arrangement...

RE:RE:RE:RE:RE:Plan of Arrangement...End of the day RET has 413 Stores, the Brand is strong , their on line sales are good, they cleaned up some leases they narrowed their banners and they have a cheap market cap, on top of it they can generate proftis (as last QT showed) I pledge patience the value is there ! GLTA long on RET! 
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