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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

Comment by Mephistopheles3on Jul 15, 2022 11:07am
138 Views
Post# 34827024

RE:RE:RE:RE:RE:RE:Just a theory...

RE:RE:RE:RE:RE:RE:Just a theory...I wonder if the experience of Fairfax getting burned on Reitmans is a cautionary tale for other institutions.  No real buyers are getting in there and it doesn't look like management is too inviting to institutions as well  (just look at their MD&A and financials which are as bare bones as they come).  

Volume has been quite low lately, we're on our third out of 4th day where volume on the TSX itself is below 2,000 shares or so.  I didn't look in alternative exchanges today, but still, there's not much movement as everyone looks to be sitting tight.
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