Reitmans Ltd. is a Canadian retailing company, specializing in women’s clothing. The company operated several store brands, including Reitmans, R.W. & Company, Penningtons, Addition-Elle, Thyme Maternity, Cassis, Smart Set and Hyba.

Why did smart set close?

TORONTO, Ontario – Clothier Reitmans Canada Ltd said on Tuesday it will shut down its Smart Set banner over the next 12 to 18 months to try to boost profits in a market squeezed by new competition from foreign retailers.

Are Reitman stores closing in Canada?

Effective March 17, 2020, the Company temporarily closed all of its retail locations and throughout the remainder of the first quarter of 2021, the Company’s only sales were derived from its e-commerce channel. The Company’s distribution and fulfillment center remained open to support the e-commerce business.

Are Penningtons stores closing?

To help everyone stay as safe as possible, and in support of collective efforts against COVID-19, we have decided to close all our Reitmans, Penningtons, Addition Elle, RW&CO.

Where is Reitmans clothing made?

Reitmans is a Canadian clothing retailer founded in 1926 that mainly offers a range of clothing options for women but also has a line that targets men. Reitmans manufactures their clothes domestically in Canada as well as in Southeast Asia in countries such as China, India, Bangladesh and Pakistan.

Are all Pennington stores closing?

Does smart set still exist?

MONTREAL — Shoppers will be losing another Canadian retail option after Reitmans announced Tuesday it is closing all of its Smart Set clothing stores. The Montreal-based retailer said it will shut down 107 Smart Set stores over the next 12 to 18 months, including 31 by year end or early next year.

Who are Reitmans competitors?

Top Competitors of Reitmans

  • Northern Reflections. 1,200. $231 Million.
  • Christopher & Banks. 3,800. $348 Million.
  • Catherines. 2,500. $478 Million.
  • Wet Seal. 1,162. $427 Million.
  • The Talbots. 9,000. $2 Billion.
  • Maurices. 9,000. $1 Billion.
  • rue21.com. 2,340. $494 Million.
  • Cato. 10,350. $829 Million.

Is RW&Co a Canadian company?

RW&CO. is a Canadian ready-to-work fashion brand for style-savvy men and women.