DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!REI's Crossroads: New CEO, Store Closures, and Co-op Culture
REI's Crossroads: New CEO, Store Closures, and Co-op Culture

REI's Crossroads: New CEO, Store Closures, and Co-op Culture

Update: 2025-10-10
Share

Description

REI's new CEO apologized for past political endorsements and promised to refocus on its co-op roots, but now faces backlash after announcing major store closures, including the SoHo flagship. Is REI losing its soul as it struggles to compete, or can it balance profits with its values and repair trust with its unionized Green Vest employees?

Hosted on Acast. See acast.com/privacy for more information.

Comments 
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

REI's Crossroads: New CEO, Store Closures, and Co-op Culture

REI's Crossroads: New CEO, Store Closures, and Co-op Culture