Reitmans Ord Shs V.RET

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

Consumer Cyclical

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 > The Siege may soon be lifted

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Comment by pennylane101on Apr 30, 2023 9:24am

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RE:RE:RE:RE:RE:RE:The Siege may soon be lifted

I still hold a significant position in this company. I sold 40,000 shares just under $6 and in retrospect it was a good move. Everyone was saying it was going to $10. So, I have some money on the sidelines and I'm just waiting for the other shoe to drop. I don't necessarily have to go back to Reitmans with this cash. I find with investing, timing is an important factor.

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