Work Here?
Overview
Reitmans designs, sources, and sells private-label women’s clothing and accessories through brands Reitmans, Penningtons, and RW&CO, with products sold in stores and online mainly in Canada. Manufacturing is outsourced to third-party suppliers, while the company controls product design, merchandising, and marketing. It targets everyday wear, plus-size fashion, and work-to-casual styles across its multi-brand portfolio. After a 2020 restructuring that streamlined its store footprint, the company focuses on profitability and growth in Canada by leveraging its brands and expanding e-commerce.
About Reitmans
Industries
Design
Consumer Goods
Company Size
N/A
Company Stage
N/A
Total Funding
N/A
Headquarters
N/A
Founded
N/A
Simplify's Take
What believers are saying
- Fiscal 2026 revenue rose 0.4% to $776.8 million despite 15 store closures.
- Q1 fiscal 2027 revenue grew 0.8%; gross margin held at 55.7%.
- Cash reached $101.9 million and debt stayed unused on June 16, 2026.
What critics are saying
- Fiscal 2026 comparable sales fell 0.7%, signaling weak demand after the turnaround.
- Q1 fiscal 2027 adjusted EBITDA was negative $5.4 million, still unprofitable.
- If store refreshes and Shopify fail by 2027, Canadian mall apparel relevance decays.
What makes Reitmans unique
- Canada-first women’s specialty portfolio spans Reitmans, PENN., and RW&CO. across 388 stores.
- Shopify migration unified Reitmans, RW&CO., and PENN. online stores in April 2026.
- New logo and Carrefour Laval concept flagship sharpen premium value positioning for 2026.
Help us improve and share your feedback! Did you find this helpful?
Benefits
Paid Time Off
Paid Vacation
Flexible Hours
Employee Discounts
Tuition Reimbursement
Employee Referral Bonus
Reitmans is Hiring for 286 Jobs on Simplify!
Find jobs on Simplify and start your career today
About Reitmans
Industries
Design
Consumer Goods
Company Size
N/A
Company Stage
N/A
Total Funding
N/A
Headquarters
N/A
Founded
N/A
Reitmans is Hiring for 286 Jobs on Simplify!
Find jobs on Simplify and start your career today