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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 savyinvestor333on Dec 20, 2024 12:01pm
27 Views
Post# 36372336

RE:RE:RE:Listened to the call

RE:RE:RE:Listened to the call
Lllennn wrote: I've always thought Ret was a donkey for landlords similar to Canada post where they delivered packages for nothing so Businesses could make a profit, just look a Calgary Ret footprint they have 14 Stores approximately where they should have the four quadrants and maybe one downtown, it's really to much cannabaliation but it's great for landlords and that's why your having 11 closures and 3 open and probably something about lease due so they bail imo. Parma never voted against management imo cause it was 12% approximately last AGM imo not fact. And the shares outstanding will continue to climb I think they added 4 million shares since proceedings imo I'm not going to go back and find exactly the #. They may not add one q but they will add imo. The other GRGD mentioned weeks into next quarter like Black Friday these guys say nothing and they use to so not very open about happenings. I knew there was trouble when they couldn't get into Mount Royal and a lot of their liquidity has gone there and out of Montreal stores as money is liquid probably like 10-12%, and then people laught when I mentioned ozempic that's another drain imo and then you have what Indigo's owner said imo you have to be real and not based on feelings and a lot on here are based on feels and not real world happenings imo and they probably use Canada post imo the trac system is most likely Chinese bearings and there is a big difference between American bearings and Chinese a thousand of an inch is huge so maintenance will be more for sure imo

I already know who the Donkey is.
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