REI Co-op announces lineup of new store openings in 2025 and …
Oct 18, 2024 · Each new REI store will offer a wide assortment of apparel and gear for camping, hiking, cycling, run and fitness, climbing, and more. In addition, every store will feature a full …
REI reports another year of losses, pledges ... - The Seattle Times
Apr 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. …
REI has hemorrhaged money for two years in a row. Now …
REI bled money last year, losing $311 million, its second year of losses in a row. Sales, meanwhile, slipped 2.4% to $3.76 billion, hurt by a shrinking outdoors-gear market and REI’s …
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REI Co-op announces lineup of new store openings in 2025 and an early peek at 2026. Specialty outdoor retailer REI Co-op today announced its lineup of 2025 store openings as part of the …
REI Lays Off More than 300 Employees as It Warns About Rocky …
Jan 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 …
As retailer REI’s troubles with employees continue, consumers …
Dec 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 …
Showing losses and dropping execs, REI could use a cold winter
Oct 2, 2024 · 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, …
REI's unionized workers accuse retailer of playing hardball - NPR
Jul 6, 2023 · Pro-union workers have formally accused the company of breaking labor laws — threatening and intimidating workers, disciplining and firing organizers — which REI denies. …
Seattle-founded REI struggles to adapt to changing retail. What’s …
May 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.