
Reitmans, the Canadian women's specialty apparel retailer, has posted a sales decline to C$104.7 million in its first quarter for fiscal 2021 that ended on May 2.
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Reitmans, the Canadian women's specialty apparel retailer, has posted a sales decline to C$104.7 million in its first quarter for fiscal 2021 that ended on May 2.
Reitmans is exiting two of its five fashion banners, as it attempts to reposition the company “for long-term success”, the fashion retailer announced on Monday.
Clothier Reitmans Canada said on Tuesday it will shut down its Smart Set banner over the next 12 to 18 months to try to boost profits in a market squeezed by new competition from foreign retailers.