REI Newsroom | REI Co-op
WEBREI Newsroom - the official site for press releases, photos, video, audio, pr contact information, press kits and more.
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, …
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.
Showing losses and dropping execs, REI could use a cold winter
WEBOct 3, 2024 · By Alex Halverson Seattle Times The Seattle Times. SEATTLE – After a poor financial showing last year in which it lost $311 million, REI has one big goal this year: break even. The Issaquah ...
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 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...
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 Invests $270 Million To The Global Community Despite Sales …
WEBMay 1, 2024 · REI Co-op has given nearly $270 million back to the co-op community including investments in its employees, nonprofit partners, the planet, and society as a whole.