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

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Post by RedeyeGarf2on Jul 09, 2023 11:43pm

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Post# 35533088

It takes 3-6 months to go public ...

The time to go public depends on the complexity of the company, quality of documentation provided by the company and whether there are any outstanding issues. On average, the process takes three to six months to complete. Below is an example of the timeline of an IPO through a prospectus offering

So Reitmans ...may move up to the TSX by fall. The CFO mentioned that they are looking into it ..if I recall a previous post.

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