Reitmans (Canada) Ltd. said its sales for August have been hurt by problems with a new warehouse management system at its distribution centre.
The retailer said it believes the situation has been fixed, but the disruptions in the shipping and receiving of merchandise to stores would hurt sales and margins for the third quarter.
Reitmans has stores in Canada, under the Reitmans, Smart Set, RW & CO., Thyme Maternity, Penningtons and Addition Elle banners.
Shares in the company, which reported the problems after the close of markets, were down 35 cents at $12.50 on the TSX.
