Traversing: Trail Mix: Both MEC & REI Are Facing Some Upcoming Changes
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On the other side of the outdoors boom following COVID, it looks like retail might be slowing down a little. Facing the crunch, REI has shut down their “Experiences” adventure travel offerings (which has operated for over 40 years) to “prioritize the core retail business” and is also about to lay off staff. REI’s current CEO Eric Artz has just announced his retirement, so here’s hoping new CEO Mary Beth Laughton (a former REI Board Director and seasoned retail...