Reitmans Limited Reports December Sales Results for the Five Weeks and Nine Weeks Ended January 5, 2019
January 10, 2019 at 03:40 am IST
Reitmans (Canada) Limited reported December sales results for the five weeks and nine weeks ended January 5, 2019. For the five weeks, the company’s sales decreased 7.8%, with a net reduction of 34 stores. Same store sales, which include e-commerce sales, decreased 4.6%.
Sales for the fourth quarter to date, being the nine weeks ended January 5, 2019, decreased 6.5% with 34 fewer stores in operation. Same store sales1, which include e-commerce sales, decreased 3.4%.