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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 Co-op to open 10 stores in 2024 to better serve outdoor …
WEBJan 10, 2024 · Specialty outdoor retailer REI Co-op announced expansion plans to open 10 new stores in 2024 to better serve its members and outdoor community. Locations have been finalized for summer 2024 openings in Glendale, …
The EXPLORE Act Is Set to Make History—With Your Help - REI Co …
WEB19 hours ago · The bipartisan EXPLORE Act is one of the most consequential outdoor recreation acts proposed since 1963. It’s designed to enhance and expand outdoor recreation opportunities across the nation, from adaptive trails to long-distance biking to rock climbing and beyond. It just takes a few minutes …
REI Workers Say Union Effort Has Led To More PIPs - HuffPost
WEBMay 15, 2024 · REI denies it’s trying to snuff out a labor campaign that has organized 10 of its 181 stores over the past two years. But the Washington-based retailer declined to share any data that would show whether or not PIPs have increased amid the union campaign, or at stores where union organizing has taken hold. “Our approach to performance ...
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.
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...
REI Co-op announces new Chief People Officer; two leadership …
WEBSEATTLE, March 16, 2023 /PRNewswire/ -- REI Co-op announced today that it has hired Apple Musni as its new Chief People Officer and promoted two leaders to new positions. Musni joins the co-op...
REI has hemorrhaged money for two years in a row. Now …
WEBAug 19, 2024 · 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 own...
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...