Reitmans Ord Shs V.RET

Indigo Price Collapsing

[nozzpack]

Things may happen quickly at Indigo .

Limbardi will join us in little more than two months, which might be a clue.

Maybe close out sales and/ or parts of the business like it's Omnichannel business which seems to be doing nicely.

What about expansion into the much larger US market ?

[PrivilegedP5000]

If the new CEO's plan is expansion of RET into the US than the stock is a short; there is no limit to how much money can be destroyed in such a misguided pursuit.

[nozzpack]

Why would you say that ? Aritizia seems to be doing quite well with stores in both countries..

[Torontojay]

"Why would you say that ? Aritizia seems to be doing quite well with stores in both countries.." Wait until Americans find out Aritzia is Canadian :) 

[nozzpack]

Wait until Americans find out Aritzia is Canadian :) I fail to understand what you meant by this statement..care to explain

[PrivilegedP5000]

Aritzia is really a niche high end retailer with significant buyer savvy; Reitmans caters to the mid market - much less differentiated than Aritzia- American retailers would eat Reitmans alive.

[nozzpack]

So, Aritizia niche is closed and not available to RET ?

[PrivilegedP5000]

Yes

[TheCount11]

"Stcokhouse Indicator" turned negative on RET with Macro, M&A and Geographic expansion.