Reitmans Canada Chief Executive Officer Jeremy Reitman Dies

(Bloomberg) -- Reitmans Canada Ltd. Chief Executive Officer Jeremy Reitman has died, the company said in a statement.

• Reitman passed away in Florida on Saturday, according to an online obituary
  • “The death of Jeremy Reitman, way too young at 72, is a great lost for Canada and Canadian retailing,” Norman Levine, managing director of Toronto-based Portfolio Management Corp., said on Twitter Sunday
• The Canadian retailer was founded in 1926 by Jeremy Reitman’s grandparents
• It currently has 587 stores across the country including the Reitmans, Penningtons, Addition Elle, RW & Co. and Thyme Maternity chains
• Reitman had been chairman and CEO since 2010

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