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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Comment by TheCount11on Jul 31, 2024 11:14am

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Post# 36156248

RE:RE:RE:RE:Question

I know a few people on it as well that are losing weight.

Slowly.

They are wealthy. Guess what?

They happily update their wardrobe. Love shopping! Spending thousands. Every couple of months.

Retail is Detail. Focus. Focus. Focus. Act. React. Example: Lulu just pulled their latest lineup, Breezethrough, because the stichting was unflattering. Lulu offered a magic mirror during Covid lockdowns then wrote it off after.

Reitmans needs a laser like focus on their core customer. Focus. Focus. Focus. Act. React.
C Suite should be living in the stores. Working the floors.