How REI’s store closings in New York and Boston could derail the CEO’s efforts to win over employees
The CEO told staff that the co-op had to make some “tough choices” to fix the business.
Fortune ·
Get all your news in one place.
100's of premium titles.
One app.
Start reading
One app.
Get all your news in one place.
100's of premium titles. One news app.
The Latest Breaking News from Eric Artz
REI's new CEO has a plan to turn around the beloved retailer—by going back to its roots
CEO Mary Beth Laughton has to simultaneously firm up REI's earthy cred and raise its retail game in a competitive landscape.
Fortune ·
REI's new CEO will have to work on repairing staff morale
The former Athleta CEO will have to work hard to restore employee morale.
Fortune ·
From analysis to the latest developments in health,
read the most diverse news in one place.
read the most diverse news in one place.
Read news from The Economist, FT, and more,
with one subscription
with one subscription
REI lays off 8% of HQ workers to hedge against 'increasing uncertainty'
REI has laid off 167 people from its headquarters, citing "increasing uncertainty" and a need to get back to profitability.
Tribune News Service ·
Coverage From
Fortune
Cycling Weekly
International Business Times
Tribune News Service
WEKU
From analysis to the latest developments in health,
read the most diverse news in one place.
read the most diverse news in one place.
Organisations
Read news from The Economist, FT, and more,
with one subscription
with one subscription
Topics
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
100+ trusted global sources.
