Hold onto these Canadian retailers

BMTC GROUP $13.77 (Toronto symbol GBT; TSINetwork Rating: Extra Risk) (514-648-5757; No website; Shares outstanding: 35.2 million; Market cap: $482.6 million; Dividend yield: 2.0%) has 36 outlets and is one of Quebec’s biggest retailers of furniture, electronics and appliances. The company mainly sells these items through two chains:… Read More

Two Canadian retailers: two outlooks

LEON’S FURNITURE LTD. $16.91 (Toronto symbol LNF; TSINetwork Rating: Average) (416-243-7880; www.leons.ca; Shares outstanding: 76.3 million; Market cap: $1.3 billion; Dividend yield: 2.8%) has steadily increased the number of stores under its Leon’s banner from 27 in 2003 to today’s 86.
In March 2013, the company nearly quadrupled in size… Read More

Reitmans shutters HYBA

REITMANS (CANADA) LTD. $4.05 (Toronto symbol RET.A; TSINetwork Rating: Extra Risk) (514-384-1140; www.reitmans.com; Shares outstanding: 63.3 million; Market cap: $255.8 million; Dividend yield: 4.9%) owns women’s clothing stores across Canada.
The company now plans to close all of its 17 HYBA locations by the end of its current fiscal… Read More

These retailers sell into tough markets

BMTC GROUP $17.93 (Toronto symbol GBT; TSINetwork Rating: Extra Risk) (514-648-5757; No website; Shares outstanding: 35.5 million; Market cap: $630.5 million; Dividend yield: 1.3%) has 38 outlets and is one of Quebec’s biggest retailers of furniture, electronics and appliances. The company mainly sells these items… Read More