Selasa, 19 Mei 2020

Retail Giant Reitmans Files for Protection from Creditors - VOCM

Canadian retail giant Reitmans has filed for court protection from its creditors as it puts a restructuring plan in place.

The company operates under a number of store names incuding Reitmans, Penningtons, and Addition Elle among others.

It closed more than 580 retail locations across the country and temporarily laid off 90 per cent of its staff in mid-March due to the pandemic.

Reitmans operates four stores in the St. John’s metro region, and many more besides across the province under the Reitmans banner and other retail names.

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https://news.google.com/__i/rss/rd/articles/CBMiJWh0dHBzOi8vdm9jbS5jb20vMjAyMC8wNS8xOS9yZWl0bWFucy_SAQA?oc=5

2020-05-19 21:35:00Z
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