RE:RE:RE:RE:RE:Pre marketRight, the reason Reitman's came to mind for me is that wife just went shopping there with her sister and they are in the 30+ age bracket. So they don't do online shopping like most women that age and they are looking for good value clothes which look good.
The shopping mall they went to was completely packed. So when I was reviewing the financial statements, they are making a good recovery and I expect the cash flow to continue.
I did some consulting work for Aldo Group in Montreal back in the early 2010's and I see a very similar story to Reitman's. Over-expansion everywhere trying to get explosive growth, which led to a lot of sub-optimal stores being opened. Instead of pivoting, management doubled down and kept opening stores (I think Aldo had opened something like 200 stores in 1-2 years in the US when the US market just didn't really like their clothes).