Thursday, October 19, 2006

Reitmans will be going e-commerce.

Unconfirmed sources tell me that one of top North American fashion retailers is going to integrate their business with online operations by creating and Online Store

Reitmans Canada Limited is a Canadian retailing company, specializing in women's apparel and was founded in 1926 by Herman and Sarah Reitman, in Montreal, Quebec, Canada. The immediate success of the first store on Saint Lawrence Boulevard (boulevard Saint-Laurent) prompted the Reitmans to open a second store which sold exclusively women's clothing.

As at January 28, 2006 there were 355 Reitmans stores across Canada, part of 887 stores divided into six operating chains.A seventh chain named Cassis, and catering to the mature woman is scheduled to open during the second half of 2006. For the fiscal year ended January 2006, net profits were $84,889,000.00 on sales of $969,258,000.00. Reitmans is a public corporation, trading on the Toronto Stock Exchange (Symbols RET.T and RET.NV.A.T). Jeremy Reitman currently serves as President.

Reitmans motto is Designed for real life

Reitmans divisions
  • Reitmans
  • Smart-Set
  • RW & CO.
  • Penningtons Superstore
  • Thyme Maternity
  • Addition-Elle
  • Cassis

[Source: Wikipedia]

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