(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
To contact the reporter on this story: Kristine Owram in New York at kowram@bloomberg.net
To contact the editors responsible for this story: Brad Olesen at bolesen3@bloomberg.net, Divya Balji
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