Showing losses and dropping execs, REI could use a cold winter
WEB2 days ago · After a poor financial showing last year in which it lost $311 million, REI has one big goal this year: break even. The Issaquah-based co-op was faring well halfway through 2024, according to an...
REI Co-op continues its annual Black Friday tradition, closing its ...
WEB3 days ago · Outdoor retailer REI Co-op will again close its more than 190 locations—stores, distribution centers, adventure centers, call centers, and headquarters—on Thanksgiving and Black Friday and pay its 15,000 employees to …
REI reports another year of losses, pledges ... - The Seattle Times
WEBApr 30, 2024 · REI said Tuesday it lost $311 million in 2023 — a tumultuous year that included layoffs and operations restructuring at the Seattle-founded outdoor equipment retailer. Revenues were $3.76...
REI sales are slumping, and employees are on edge. Can the
WEBAug 19, 2024 · After a pandemic-era boom, REI has lost money and laid off staff, and its famous 'Green Vest' store workers are up in arms. It's a tough dilemma for CEO Eric Artz.
REI Newsroom | REI Co-op
WEBREI Newsroom - the official site for press releases, photos, video, audio, pr contact information, press kits and more.
REI Co-op releases 2023 Impact Report and financials, reporting …
WEBSEATTLE, April 30, 2024 – REI Co-op today released its 2023 Impact Report and financial results, closing the year with $3.76 billion in net sales and nearly $270 million invested back into the co-op community.
As retailer REI’s troubles with employees continue, consumers …
WEBDec 7, 2023 · Once known as the beacon of corporate America, REI is now embroiled in face-offs with employees, putting off consumers. The REI store in New York City was the first to unionise and employees...
Seattle-founded REI struggles to adapt to changing retail. What’s …
WEBMay 3, 2024 · REI recently closed its Portland store, citing break-ins and theft as the cause. Despite recent struggles, REI plans to open 10 stores this year, and up to 12 more in 2025.
REI workers face protracted union fight : NPR
WEBJul 5, 2023 · REI, the shopping mecca for outdoor enthusiasts, has a reputation as a progressive brand, but the company has balked at recognizing its newly unionized workers, leaving some staff disenchanted....
REI Lays Off More than 300 Employees as It Warns About Rocky …
WEBJan 26, 2024 · REI is the latest company to announce significant workforce reductions this year. CEO Eric Artz notified employees in a Jan. 25 letter that the outdoor retailer would lay off 357 people across...