Reitmans Ord Shs V.RET

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

Consumer Cyclical Apparel Stores

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.

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Reitmans Ord Shs > musings

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Comment by CarefulSpecon Jan 27, 2023 11:38am

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Post# 35250254

RE:RE:RE:RE:RE:RE:RE:RE:musings

Agree. Paying up for the A shares at this premium is the definition of dumb money, but to each their own. The more shares you have the less sense it makes given the liquidity problems in the voting shares, and in the end there is zero benefit to the voting shares. The Reitmans control the voting so you are paying a massive premium for literally nothing or given liquidity less than nothing.

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