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Reitmans Ord Shs V.RET

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

Consumer Cyclical Apparel Stores
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

Reitmans Ord Shs > What recession?
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Comment by savyinvestor333on Jan 13, 2024 12:24pm
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Post# 35825161

RE:RE:RE:RE:RE:What recession?

RE:RE:RE:RE:RE:What recession?It's like I mentioned the other day. The stock is not the economy. We don't know what the market is pricing in for bad news. Obviously Aritzia shareholders were pricing in real bad news and it wasn't that bad. I think we are totally in the same boat here. And regarding these morgtage renewals Iimpacting retail sales I don't think Reitman's clientele is in the demographic of having just bought housing. It is a mostly older clientele and alot of them would be mortgage free.
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