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.
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Stock news for investors: Dollarama raises outlook as Reitmans profit falls. Dollarama raises its sales and store-opening forecasts, Reitmans posts lower earnings, and Corus gets approval for its debt deal. Featured RRSP Accounts Dollarama reports $359.3M Q2 profit, up from $321.5M a year ago. Dollarama Inc. (TSX:DOL). Numbers for its second quarter: * Profit: $349.3 million (up from $321.5 million a year ago) * Revenue: $2.03 billion (up from $1.72 billion a year ago) Dollarama Inc. reported a second-quarter profit of $349.3 million, up from $321.5 million in the same quarter last year. The retailer says its profit amounted to $1.29 per diluted share for the quarter ended Aug. 2, up from $1.16 per diluted share a year earlier. Sales for the quarter amounted to $2.03 billion, up from $1.72 billion. Comparable store sales in Canada rose 5.4%, including a 3.7% increase in the number of transactions and a 1.7 per cent increase in average transaction size. In its outlook for its 2027 financial year, the company says it expects Canadian net new store openings to total between 65 and 75, up from earlier expectations for 60 to 70. Dollarama also raised its Canadian comparable store sales guidance for the year to 4.0 to 4.5%, up from earlier guidance for 3.0 to 4.0%. Reitmans reports second-quarter profit of $10.1M, down from $13.1 last year. Reitmans Ltd. (TSX:RET.A). Numbers for its second quarter: * Profit: $10.1 million (down from $13.1 million a year ago) * Revenue: $211.8 million (down 2% from a year ago) Reitmans Ltd. reported net earnings of $10.1 million during the second quarter, down from $13.1 million a year earlier. That amounted to diluted earnings per share of 20 cents, compared with 26 cents during the prior year quarter. The Montreal-based retailer says its net revenue came in at $211.8 million, falling about 2% year-over-year from $215.9 million. The company attributed the decline to lower transaction volume during the period and reduced clearance activity. Reitmans says it ended the quarter with $119.7 million of inventory, about five per cent lower than the previous year. Reitmans operates across Canada and has 385 stores. Corus receives CRTC approval to go ahead with recapitalization transaction. Struggling media company Corus Entertainment Inc. has received a lifeline. The Canadian Radio-television and Telecommunications Commission today granted regulatory approval for a recapitalization plan that would see a change in ownership and shift effective control of all licensed programming services operated by the company and its subsidiaries. Corus had indicated to the CRTC that the proposed deal is necessary to address its high debt load and improve its financial stability so it can continue to operate. Article Continues Below Advertisement Under the proposal, first announced in November, some of Corus's lenders forgive approximately $500 million in debt in exchange for 99 per cent ownership of a newly created parent corporation, called NewCo, that would wholly own Corus and its services. Existing Corus shareholders would be expected to swap their holdings for shares that together would represent the remaining one per cent of the new company. Corus says its business is expected to continue as normal with no anticipated effect on its obligations to clients, producers, suppliers or employees. The company announced in February it would seek court approval for the recapitalization deal that after a shareholder vote on the proposal failed to pass. In March, Corus received an order from the Ontario Superior Court of Justice to proceed with its recapitalization plan. The company says it expects the recapitalization transaction to close in the coming weeks, pending other conditions and customary approvals.
Daily Synopsis: September 17, 2026. September 17, 2026 Welcome to the Daily Synopsis by Retail Insider. Retail Insider Media Ltd. hope you enjoy the 11 articles Retail Insider Media Ltd. published covering key developments in Canadian retail. Here are a couple highlights with a full list of the day's articles thereafter. Reitmans (Canada) Limited reported a 1.9% decline in second-quarter net revenues to $211.8 million, driven by lower transaction volumes and reduced clearance sales, while gross margin improved by 160 basis points to 58.5% due to disciplined. Primaris Real Estate Investment Trust is raising $200 million in equity to support its pursuit of over $1 billion in potential Canadian mall acquisitions, focusing on large regional shopping centres previously held by institutional owners. Dollarama continues to sustain strong sales growth and rising customer traffic while maintaining its $5 maximum price point amid inflationary pressures, signaling a potential lasting shift in Canadian consumer behavior toward value retailing. Toronto's Bloor Street luxury corridor is undergoing a dynamic reshaping marked by new flagship stores from RH, Tiffany & Co., and Delysées, alongside Holt Renfrew's planned major reworking and Harry Rosen's relocation. The day's Retail Insider article list. September 17, 2026 September 16, 2026 September 15, 2026 September 11, 2026 Subscribe. * indicates required
Slideshow: new Reitmans' concept store. August 31, 2026 | 12:43 pm CDT LAVAL, Quebec - Toronto-based Burdifilek created a new concept design for Reitmans, a prominent century-old womenswear retailer. Burdifilek's design translates Reitmans' heritage into a contemporary retail experience, balancing legacy with modern consumer expectations. At the heart of the vision was the creation of a strong visual identity for Reitmans. Inspired by the strategies of high-fashion ateliers, the studio engages visitors through a singular signature color. Anchored in warmth, accessibility, and confidence, the concept pairs wood with high-gloss finishes, clear sightlines, and enhanced spatial flow, crafting a more intuitive and considered brand experience. "Reitmans has a long-standing legacy. Our goal was not to reinvent it, but to reinterpret it," explained Diego Burdi, founder and creative director of Burdifilek. "We highlighted the familiarity of the brand within a confident setting that will resonate across Canada." Rather than chasing spectacle, the design of the 5,000-square-foot store focuses on longevity, an environment that can adapt, evolve, and continue to serve a broad Canadian audience. It is a retail design model grounded in familiarity, but sharpened for today: practical, composed, and confident. The result is an inviting, contemporary environment that reinforces the brand's commitment to style, inclusivity, and everyday ease. "In an era of rapid retail change, the forces at work are both global and local," said Paul Filek, founder and managing partner of Burdifilex. "Our partnership with Reitmans reaffirms design as an investment in business strategy for legacy brands and secures its longevity in a demanding market." Rich Christianson | President/Owner/C-Level Rich Christianson is the owner of Richson Media LLC, a Chicago-based communications firm focused on the industrial woodworking sector. Rich is the former long-time editorial director and associate publisher of Woodworking Network. During his nearly 35-year career, Rich has toured more than 250 woodworking operations throughout North America, Europe and Asia and has written extensively on woodworking technology, design and supply trends. He has also directed and promoted dozens of woodworking trade shows, conferences and seminars including the Cabinets & Closets Conference & Expo and the Woodworking Machinery & Supply Conference & Expo, Canada's largest woodworking show.