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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 flamingogoldon Feb 15, 2023 11:37am
86 Views
Post# 35287491

RE:RE:RE:Artizia The Perfect Valuator of Reitmans...$33.50 /share

RE:RE:RE:Artizia The Perfect Valuator of Reitmans...$33.50 /shareI own both ATZ and RET.A with approx the same capital investment. ATZ is killing it and their clientelle is almost cultish, something I don't think RET can speak of. ATZ is also expanding into the largest market there is on the planet... the US.

However, oddly my RET investment has done better in a shorter period of time. What's not helpng ATZ right now imo is the massive dumping by insiders. I've posted this on the ATZ board. Sure, the founders and long time employees need to reap the rewards from years of hard work. Either their selling needs to slow down/stop or their expansion plans need to ramp up before investors can see another leg up on the share price.

Glad to own both though wish I had bought RET before ATZ. I'm a contrarian investor and I do like underdogs.
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