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Reitmans Ord Shs V.RET

Alternate Symbol(s):  RTMAF | RTMNF | 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 IRAM99on Feb 14, 2023 10:57am
62 Views
Post# 35285170

RE:RE:Funds buying RET.a

RE:RE:Funds buying RET.aI wouldn't necessarily agree with this. If a fund wants to put pressure on management to do something with the real estate, buyback etc then having votes matters. I understand Reitmans family has over 50% of the votes but getting to +10% ownership of voting shares could definitely get you on the board or at least in the door for meetings with management. 
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