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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

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Post by filoux004 on Jun 22, 2023 2:05pm

Why

Why is Andrea Limbardi staying on board of indigo which is a sinking ship? Something does not meet the eye. Any thoughts? Why not take the summer off and start as stated in September as CEO of Reitmans? Long Ret.a
Comment by nozzpack on Jun 22, 2023 4:11pm
It's a good question which many of us have been speculatiing on these past few weeks. RET is a solid investment but it appears the current family has run out of ideas or interest as to how to move from its staid 97 year old model into a growth and value investment. Swartz has tried to dress up its print sales by diversifying into high value merchandise but its a what you gain on the ...more  
Comment by PrivilegedP5000 on Jun 22, 2023 4:46pm
I do see any synergies with an IDG merger of any kind. This should be the game plan, 1) new CEO enhances margins and adds to e commerce and digital profile. Modestly increases the existing footprint. 2) Announces a dividend. 3) Uplists shares 4) Dual share structure is eliminated which pushes up share price. 5) controlling shareholders do a secondary to institutional investors We could see ...more  
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