Reitmans Ltd. is a Canadian retailing company, specializing in women's clothing. It was founded in 1926 by Herman and Sarah Reitman, in Montreal, Quebec, Canada. The immediate success of the first store on boulevard Saint-Laurent prompted the Reitmans to open a second store which sold exclusively women's clothing. At the end of November 2016, Reitmans operated 685 stores organized into six operating chains: Reitmans, R.W. & Company, Thyme Maternity, Penningtons, Hyba and Addition-Elle. The company operates stores in every province and two of three territories in Canada. For the fiscal year of 2015, net earnings were $13,415,000 on sales of $939,376,000. (See Annual Report and filings on the TSX).