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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

Post by nozzpackon Jun 19, 2023 2:55pm
394 Views
Post# 35503806

Like Indigo, growth and diversification

Like Indigo, growth and diversification I still say IDG and Ret make a great merger.

Both have their core business as cash cows, IDG is already shaping its growth by diversifying into niche areas including children Sports apparel and Wellness products.

Undoubtedly, the former CEO of IDG which will soon lead Ret into its growth by diversification a La IDG, will be aware of  niches outside the current purview of IDG.

Together, the sum of the two parts will be greater than their simple current combined NPV.

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