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 > Retail is booming

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Comment by savyinvestor333on Mar 15, 2024 8:04am

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Post# 35934425

RE:Retail is booming

Torontojay wrote:
Or maybe not.

Dollar tree in the US to close about 1000 stores. This isn't an isolated event with Dollar General showing lower sales in Q4 relative to last year. Before anybody tells me that Canada's retail landscape is different than the US I'd argue that yes we are different. We are much worse.

Retail is retail and people are cutting back on spending.

Maybe so but sitting on the sidelines is not the way to go. I am up nearly 10% so far this year. Markets are humming and Dr Copper is seeing a BIG Breakout. You are getting left in the dust with your strategy.

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