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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 Lllennnon Nov 19, 2024 5:33pm
40 Views
Post# 36320598

RE:New Issue Already Closed

RE:New Issue Already ClosedThis is growth story, it's current, has synergy's, paid in USD, remember money is liquid so going from Ret to Royal, Ret not growth story, lower price point, some brands discontinued and most likely more to go, paid in CDN, no synergy's and at a place similar to Kmart/Radio Shack or getting closer to that near term with decay of TTM with inflow being challenging with outflow pressures and if you google map some cities you would see canabalizarion within foot print. Think before you cheer this as it's not even similar basically no comparison, cash here is just replacement cash over 12 and very difficult for lease agreement to help with outflows all imo.
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