- CEO
- Andrea Limbardi
- Full Time Employees
- 5,000
- Sector
- Consumer Cyclical
- Industry
- Apparel - Retail
- Address
- 250 SauvE Street West Montreal QC Canada H3L 1Z2
- IPO Date
- May 13, 2013
- Business
- Reitmans (Canada) Limited operates as a leading Canadian specialty apparel retailer focused on women's and men's fashion, offering products through retail stores and e-commerce channels across the country. The company markets its merchandise under three primary banners: Reitmans, specializing in women's specialty fashion including tops, bottoms, dresses, jeans, blazers, jackets, and Hyba activewear; PENN. Penningtons, providing plus-size women's apparel in sizes 14 to 32 encompassing clothing, dresses and jumpsuits, denim, lingerie, shoes, and accessories; and RW&CO., featuring urban menswear and womenswear in similar categories. Founded in 1926 by Herman and Sarah Reitman and headquartered in Montreal, Quebec, Reitmans (Canada) Limited maintains nearly 400 stores primarily in malls and retail power centers nationwide, serving a broad customer base with on-trend, value-driven designs. In recent developments, the company selected longtime partner SDI Element Logic in May 2024 to implement a modernized SORTRAK inventory management system at its Montreal distribution center, replacing legacy sorters installed since 1996 to enhance operational efficiency; announced a new five-year strategy in fiscal 2025 emphasizing accelerated brand growth, modernization investments exceeding $100 million including $14 million in distribution handling equipment and a new point-of-sale system, and a target of $1 billion in annual net revenue with adjusted EBITDA of $60-70 million by fiscal 2030; and continues leadership under President and CEO Andrea Limbardi with Stephen F. Reitman as Executive Chairman.