Reitmans lays off 90% of retail staff as coronavirus shutters stores

MONTREAL — Reitmans (Canada) Ltd. is laying off 90 per cent of its Canadian retail store workers and 30 per cent of its Montreal head office employees after closing stores amid the spread of COVID-19.

The company, which employs about 7,000 people, says that nearly all of its Canadian retail store workers at its five chains will be out of work effective Sunday. The head office layoffs take effect Monday.

Reitmans, which closed its 587 stores March 17, says it’s asking remaining employees to contribute to on-going cost-saving initiatives.

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In addition to its namesake Reitmans stores, the company’s other banners include Penningtons, Addition Elle, RW&CO. and Thyme Maternity.

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