Reitmans (Canada) Ltd: Laying off 90 per cent of its retail store employees and 30 per cent of head office staff. Reitmans Ltd. is a Canadian retailing company, specializing in large women's clothing.The company operated several store brands, including Reitmans, R.W. Iconic Canadian retailer Reitmans, which has been in existence for close to 100 years, has obtained protection under the Companies’ Creditors Arrangement Act to “facilitate its operational, commercial, and financial restructuring” as it reacts to the negative impact of the COVID-19 (coronavirus) pandemic. Save my name, email, and website in this browser for the next time I comment. © 2020 Retail Insider Media Ltd. All Rights Reserved. We will continue to closely monitor the situation in Manitoba and advise of any updates. UPDATE 5/19/2020: Pier 1 plans to permanently close all its stores SAN FRANCISCO, Calif. (AP/KRON) – Home goods retailer Pier 1 Imports Inc. is filing for bankruptcy protection. Reitmans (Canada) Limited has announced a restructuring plan designed to foster long-term success.Part of this new plan will see the company focus on three brands--Reitmans… If you have any questions, our customer service teams remain available and dedicated to helping you. The quality of their clothes is much better than Pennington. Please check directly with the store's website or call them directly for any latest changes in opening hours or closures before you plan a visit. Now another major retailer, fashion store Reitmans, with its stores closed due to emergency health orders, has had to layoff almost the vast majority of its over 6,000 employees and office staff. We are heartbroken to have to say goodbye to esteemed colleagues and we are truly grateful for their hard work and many contributions to our company over the years. changing rooms, counters, and cash registers; limited the number of available changing rooms; - Clothing items that you will try on will be pulled from the floor for a period of time, close all our Reitmans, Penningtons, Addition Elle, RW&CO. We will miss you in stores, but you can find us online anytime. P.S. Reitmans has 7,000 employees in total. The popular woman's clothing brand says that it will focus instead on its three premium brands: Reitmans, Penningtons and RW & CO through e-commerce and brick-and-mortar stores. 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. Reitmans Ltd. will shutter two of its fashion brands and lay off 1,400 employees as the clothing retailer restructures its business under creditor protection. Reitmans (Canada) Limited has announced a restructuring plan designed to foster long-term success. They are no longer profitable, and our efforts to turn these brands around were undermined by the COVID-19 pandemic and we can no longer afford the required investments and time to bring them back on the path to profitability. We recognize that it is important to do all we possibly can to protect our employees and customers in these difficult times. (Reuters) - Clothing retailer Reitmans Canada Ltd said on Monday it would permanently shutdown its Thyme Maternity and Addition Elle brands and … “The strategic decision to close two beloved Canadian fashion brands was not taken lightly, but is necessary to allow our business to grow as a profitable organization,” said Reitmans CEO Monday. - We ask customers who have cold or flu symptoms or who have recently traveled abroad to shop online. Their sweet spot is the women’s plus-size market that is currently underserved in Canada,” said Kehoe, a veteran of more than 40 years in the industry and broker/owner of Fairfield Commercial Real Estate in Calgary. Please consult our Store Locator. We can’t wait to see you again! On Wednesday, L Brands announced that around 250 Victoria’s Secret and 51 Bath & Body Works stores will close as part of their attempt to persevere through falling sales. I feel sad for the employees who will lose their jobs in a brutal retail employment market.".