REI exits Experiences business - REI Co-op
Jan 8, 2025 · REI exits Experiences business. Jan 8, 2025. On Wednesday, January 8 REI Co-op announced the exit of its Experiences business, which includes adventure travel, day tours and classes. See below for a message from REI’s president and CEO Eric Artz that was shared with all co-op’s employees. Team, I have an important update to share today.
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An Important Update on REI Adventure Travel | REI Adventures - REI …
REI has decided to exit its Experiences business, including adventure travel, day tours, and classes. If you currently have a booking with us, please refer to the FAQ below for additional details and next steps.
REI Closes Experiences Program, Will No Longer Offer Trips
Jan 8, 2025 · After nearly 40 years, REI will eliminate its Experiences department effective this week, the company said today. The department formerly provided everything from outdoor education classes in subjects like navigation and snowshoeing to multi-day adventure trips.
REI Announces Mass Layoffs and an End to a Beloved Program
Jan 10, 2025 · A fter almost 40 years of offering adventure travel, day tours, and classes, REI Co-op is shutting down its Experiences business. The move, announced on January 8, 2025, will result in the layoff of 428 employees, including 180 full-time staff and 248 part-time guides.
REI Co-op Shutters Experiences Business, Resulting in 428 Layoffs
Jan 8, 2025 · After nearly 40 years, REI Co-op is shuttering its Experiences business, effective this week. With this move, 428 employees — including 180 people in full-time roles and 248 part-time guides —...
Struggling REI cuts hundreds of employees, axes tour and events ...
Jan 8, 2025 · Experiences have been a staple of REI for more than 40 years. But that side of the co-op has never been profitable. To keep it afloat, REI has had to use money from the retail side to subsidize ...
End of the Road: REI Shutters 'Experiences' Adventure Travel
Jan 8, 2025 · The outdoor retailer REI announced today that it was exiting its “Experiences” business, ending all adventure travel trips, day tours, and classes. As a result, hundreds of full-time employees...
REI Shutters Experience Division Known for Excursions, Tours
Jan 9, 2025 · REI Co-op, the beloved outdoor retailer, announced Wednesday that it would be closing its Experiences division. Known for providing classes, selling group travel excursions, and operating various...
REI Co-Op 'Experiences' Division Facing Closure After Years of …
Jan 10, 2025 · Experiences served 40,000 customers in 2024 - less than 0.4% of all co-op customers - and costs significantly more to run than it brings in," Eric Artz, REI President and CEO, wrote on the company ...