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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

Comment by nedstar71on Apr 19, 2024 11:24am
126 Views
Post# 35998087

RE:RE:RE:Reitman’s summary

RE:RE:RE:Reitman’s summary Yeah, what worries me is that someone is holding that cash for some hair-brained expansion idea or whatever else that uses up too much of that cash.  Either way for me at this point I'll keep a stink bid on the voting shares, and look to divest of my few remaining A shares if there is a decent opportunity.  If the voting shares ever came down to where the A shares are currently I'd be fine buying more of them.  As it is the stock gives me a trapped feeling that makes me leery of holding too many shares, especially the non voting since trading volumes have dropped off significantly.
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