finanzen.net
Commerzbank Zertifikate ist jetzt Societe Generale Zertifikate. Mehr erfahren!-w-
27.03.2020 00:51

Reitmans (Canada) Limited Announces Important Measures Affecting its Employees Amid COVID-19 Crisis

Werbung

MONTREAL, March 26, 2020 /CNW Telbec/ - Last week, on March 17th, Reitmans (Canada) Limited (the "Company") voluntarily closed on a temporary basis all of its 587 stores to customers in support of collective efforts to help limit the spread of the virus, and to protect the health and well-being of its employees and customers. Given the rapidly evolving COVID-19 crisis, the Company confirms that it will keep all stores closed to customers until further notice.

Furthermore, Reitmans (Canada) Limited has made the necessary decision to temporarily lay off 90% of its Canadian retail store employees, across all five of its brands: Reitmans, Penningtons, Addition Elle, RW&CO. and Thyme Maternity, effective March 29th. This decision also affects approximately 30% of the Company's Montreal Head Office employees, effective March 30th.  In addition, all remaining employees are being asked to collectively contribute to on-going cost-saving initiatives.  

Reitmans (Canada) Limited will continue to closely monitor the evolution of the COVID-19 situation and comply with the directives of the municipal, provincial and federal governments. It is the intention of the Company to call impacted employees back to work as soon as possible.

At this moment, the Company is solely driven by online sales and continues to operate its Distribution Centre in Montréal with strict cleaning protocols and social distancing measures. It is important to note that, while the Québec Government ordered the temporary closure of all non-essential stores and services, ecommerce activities remain permitted at all times, for all businesses.

Stephen F. Reitman, President and CEO of Reitmans (Canada) Limited, said: "In our 90+ years' history, we have never had to turn to such drastic measures as those announced today. We are very saddened by the situation, but also confident that we are doing the right thing to overcome these times of hardship and position ourselves to bounce back as quickly as possible. We are beyond grateful to all our valued employees and thank them for their support and understanding. As always, their safety and their family's well-being are paramount and we will continue to follow guidance from federal, provincial and local public health authorities."

About Reitmans (Canada) Limited
The Company is a leading ladies apparel retailer with retail outlets throughout Canada. The Company employs approximately 7,000 people and operates 587 stores consisting of 260 Reitmans, 112 Penningtons, 79 Addition Elle, 81 RW & CO. and 55 Thyme Maternity. The Company is a publicly traded company listed on the Toronto Stock Exchange (TSX:  RET, RET-A). For more information, visit www.reitmanscanadalimited.com.

SOURCE Reitmans (Canada) Limited

Werbung
Werbung
Werbung
Börse Stuttgart Anlegerclub

Die richtige Strategie für die Börsenkrise

Stecken Sie nicht den Sand in den Kopf, sondern kaufen Sie die richtigen Aktien. Erfahren Sie im aktuellen Anlegermagazin mehr über attraktive Qualitätsaktien und zyklische Aktien
Kostenfrei registrieren und lesen!

Heute im Fokus

DAX stabilisiert sich -- Rekordeinbruch der Euroraum-Wirtschaftsstimmung -- RATIONAL kürzt Dividendenvorschlag -- Johnson & Johnson, PUMA, ABB, easyJet, ING, Ceconomy, Bayer, Deutsche Post im Fokus

Medizintechnik-Aktien profitieren - Sonderkonjunktur durch Virus. Bayer stellt eigene Kapazitäten für Covid-19-Tests zur Verfügung. INDUS rechnet mit deutlichem Umsatzrückgang. Ströer: Höhere Abschreibungen und Steuern drücken auf Gewinnwachstum. SAF Holland fährt Werke teilweise herunter.

Die 5 beliebtesten Top-Rankings

Die erfolgreichsten Kinofilme der letzten 25 Jahre
Welche Titel knackten die Milliardenmarke an den Kinokassen?
DAX: Die größten Verluste an nur einem Tag
An diesem Tagen verbuchte der DAX das höchste Minus
Diese Aktien und Anleihen hat George Soros im Depot (Q4 2019)
Änderungen im Portfolio
Welche Marken sind vorne mit dabei?
BrandZ-Ranking: Das sind die wertvollsten deutschen Marken
Die Länder mit den größten Goldreserven
Wer lagert das meiste Gold?
mehr Top Rankings

Umfrage

Welcher der folgenden Faktoren ist Ihnen bei der Auswahl eines Emittenten am wichtigsten?

Online Brokerage über finanzen.net

finanzen.net Brokerage
Handeln Sie für nur 5 Euro Orderprovision* pro Trade aus der Informationswelt von finanzen.net!

ETF-Sparplan

Oskar ist der einfache und intelligente ETF-Sparplan. Er übernimmt die ETF-Auswahl, ist steuersmart, transparent und kostengünstig.
Zur klassischen Ansicht wechseln
Kontakt - Impressum - Werben - Pressemehr anzeigen
Top News
Beliebte Suchen
DAX 30
Öl
Euro US-Dollar
Bitcoin
Goldpreis
Meistgesucht
Shell (Royal Dutch Shell) (A)A0D94M
Lufthansa AG823212
Daimler AG710000
Wirecard AG747206
Allianz840400
Infineon AG623100
Microsoft Corp.870747
Amazon906866
Deutsche Bank AG514000
BayerBAY001
BASFBASF11
Volkswagen (VW) AG Vz.766403
BioNTech SE (spons. ADRs)A2PSR2
NEL ASAA0B733
Airbus SE (ex EADS)938914