March 27, 2020 / 12:27 AM / 14 days ago

BRIEF-Reitmans Canada Company Confirms It Will Keep All Stores Closed To Customers Until Further Notice

March 26 (Reuters) - Reitmans Canada Ltd:

* COMPANY CONFIRMS THAT IT WILL KEEP ALL STORES CLOSED TO CUSTOMERS UNTIL FURTHER NOTICE

* REITMANS CANADA - ALL REMAINING EMPLOYEES BEING ASKED TO COLLECTIVELY CONTRIBUTE TO ON-GOING COST-SAVING INITIATIVES

* REITMANS- WILL TEMPORARILY LAY OFF 90% OF ITS CANADIAN RETAIL STORE EMPLOYEES EFFECTIVE MARCH 29

* INTENTION OF CO TO CALL IMPACTED EMPLOYEES BACK TO WORK AS SOON AS POSSIBLE Source text for Eikon: Further company coverage:

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