Reitmans reports $3.8 million loss in first quarter, sales rise
MONTREAL — Reitmans (Canada) Ltd. reported a net loss of $3.8 million in its first quarter, compared with a net loss of $1.7 million a year earlier.
Reitmans creditors to receive $95 million under approved Plan of Arrangement
MONTREAL — Reitmans (Canada) Ltd. says its creditors have approved a Plan of Arrangement that will see them receive a distributed $95-million settlement.