Artz explained that the decision to cut the program ... ever—we did not generate a profit,” he continued. Employees who lost their jobs with the Experiences program’s closure will receive ...

As part of the shutdown, 180 full-time jobs and 248 part-time guide jobs were eliminated, Artz said. Among those, 21 employees in Colorado were impacted, according REI spokesperson Megan Behrbaum.

REI lost $311 million in 2023. “Serving you and this enduring organization has been the honor of my professional life,” Artz continued in his letter. “Being outside means something different ...

The struggling company announced on Wednesday that longtime CEO Eric Artz is retiring in late March and will be replaced by Mary Beth Laughton, a well-regarded retail veteran whose most recent ...

The division, which included adventure travel, day tours, and classes will close this week, the company said in a message to employees from REI President and CEO Eric Artz. Across Washington state ...