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Bullboard - Stock Discussion Forum 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... see more

TSXV:RET - Post Discussion

Reitmans Ord Shs > Retail sales
View:
Post by CarefulSpec on Nov 23, 2022 11:57am

Retail sales

September retail sales for clothing retailers were very strong at +1.5%. Reitmans.com September website traffic also saw a huge surge. Given some better than expected numbers on other clothing retailers the backdrop here for the earnings report in December looks favorable.
Comment by TheCount11 on Nov 23, 2022 12:20pm
Interesting.  What would explain the difference between Reitmans.com website traffic and Google search for Reitmans which is lumpy?
Comment by CarefulSpec on Nov 23, 2022 1:27pm
I don't have a definitive answer, but if I was going to Reitmans I would just type reitmans.com. I'm not sure that many people search for a unique company name when they can safely assume it's [company name].com.  Or it could be that traffic measurements are wrong.
Comment by TheCount11 on Nov 23, 2022 1:38pm
great!  thanks.
Comment by CarefulSpec on Nov 23, 2022 1:58pm
Actually another thought: If you are already a customer of reitmans website it's really unlikely you will do a search for reitmans, after all the website is already in your browser cache and the browser would auto complete the domain. To that end google trends might be a better measure of new customers looking for reitmans where traffic represents who is actually going to the website which ...more  
Comment by TheCount11 on Nov 23, 2022 7:31pm
True Google trends is probably better guage of customer aquisition.  Unfortunately Google trends predictive value is very low for Reitmans
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