Reitmans Canada Ltd. says its future remains uncertain as the insolvent women's apparel retailer negotiates for interim financing. Part of this new plan will see the company focus on three brands--Reitmans, Penningtons, and RW & CO., and Thyme Maternity and Addition Elle will be phased out and completely closed by the end of summer 2020. Yes, I would like to receive emails from Reitmans and Hyba Activewear. Closing Date. and Thyme Maternity stores nationwide today, March 17th, until further notice . Reitmans, which was founded in 1926 and retails fashion apparel through 576 stores across Canada and online, said in May it had obtained preliminary approval to seek bankruptcy protection in … 8. Cannot be combined with any other offer or promotion. An email including the 20% coupon will be sent in the next 48 hours following the subscription to the newsletter. Please try again later! Please note we will not be accepting returns or price adjustments on Black Friday (November 27) nor on Boxing Day (December 26). Reitmans (Canada) Ltd: Laying off 90 per cent of its retail store employees and 30 per cent of head office staff. (Reuters) - Clothing retailer Reitmans Canada Ltd said on Monday it would permanently shutdown its Thyme Maternity and Addition Elle … He worked for 35 years at the Calgary Herald covering sports, crime, politics, health, faith, city and breaking news, and business. The Fort Worth, Texas-based company, which was founded in 1962, has recently struggled with increased competition from online retailers such as Wayfair. When it comes to the other remaining provinces, we are monitoring and awaiting the official governments’ announcements to come. “The strategic decision to close two beloved Canadian fashion brands was not made lightly, but it is necessary to enable our business to move forward as a profitable organization,” Reitmans CEO Stephen F. Reitman said in a press release on Monday. Since we also know that you might need to stay home for a little while with your loved ones, all our Reitmans (Canada) Limited brands are temporarily extending their return policy. The Gap is in the process of closing 175 stores in North America. We are truly moved by the hard work and resiliency of our devoted teams. We will take this time to ensure we adequately prepare our stores for your long-awaited return. and Thyme Maternity stores nationwide today, March 17th, until further notice.
