REI's Experiences program has held classes and wilderness trips for decades, but was ultimately found to be unprofitable.
REI CEO Eric Artz said the outdoor gear retailer would end its Experiences unit, which offered adventure classes and trips, ...
After 40 years of providing adventure travel, day tours and classes, outdoors retail co-op REI will shut down its Experiences ...
In a message shared with employees, REI CEO Eric Artz presented the decision as a financial one, noting that the experiences arm of the business “costs significantly more to run than it brings ...
REI is eliminating its outdoor classes ... according to an email from CEO Eric Artz sent to employees Wednesday. Sixty-seven Washington-based workers will be affected. “They didn’t do anything ...
More than 400 employees will be let go as part of the decision. CEO Eric Artz said the 40-year-old experiences division was ...
Any customers who have Experience trips or programs booked will receive a full refund of costs paid to REI. These aren't the ...
In a letter to REI employees and past REI Experiences customers, REI President and CEO Eric Artz wrote that the outdoor retailer will instead focus on its core retail business. "I have an ...
The 180 full-time Experiences employees and 248 guides will still receive salaries through March, along with severance pay and health care. Part-time employees will continue to receive benefits ...
We’ve held out as long as possible, but the fact remains that Experiences is an unprofitable business for the co-op, and we must adjust course,” REI’s president and CEO Eric Artz said in a ...