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 > Retail suffering in Canada

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Comment by Torontojayon Jan 05, 2024 7:45am

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Post# 35811997

RE:RE:RE:RE:RE:RE:RE:Retail suffering in Canada

Savy, you have to be living under a rock to think that Canada is not currently in a recession. I could debate with you all day on this topic but I believe I'd be wasting my time convincing you that it is. Talk to business owners and let them tell you.

Canada's recession will continue in 2024 and people arriving in this country will find no opportunities for employment. Blame the politicians who are destroying this country.

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