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 > Long awaited Canadian recession may be here next year

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Comment by flamingogoldon Nov 09, 2024 12:16pm

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Post# 36304683

RE:RE:Long awaited Canadian recession may be here next year

Call it what you wish, this "recession" of yours has been wonderful for my portfolio aside from a few lame ducks like RET.

Torontojay wrote:

flamingogold wrote: The bears have been dead wrong for 2 years. But, they may finally get to celebrate in 2025. If Trump follows through on his America First tariffs on all imported goods there is an increasing chance Canada takes it on the chin. Rising prices could mean a jump in inflation and a rate reversal by the BoC. China is in the crosshairs for sure, then Mexico and most likely Canada.

LOL, what planet are you on?

We've been in a "per capita" recession for 2 years now. Back in the day when I studied economics we were taught that a recession to be defined as 2 consecutive quarters of negative GDP. This was a basic definition of a recession. Now with immigration at astronomical levels, they need to update this definition and focus on gdp per capita.