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REI loses $311M in 2023, failing to turn a profit

Following a tumultuous year that included layoffs and operations restructuring, REI announced it lost $311 million in 2023.

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Outdoor gear industry facing challenges after "insane" post-pandemic growth – Daily Bulletin

Store owner says the decline in 2023 should be seen as a market correction.

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Outdoor gear industry facing challenges after "insane" post-pandemic growth – Troy Record

Store owner says the decline in 2023 should be seen as a market correction.

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Confluence-park
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Outdoor gear industry facing challenges after "insane" post-pandemic growth – Santa Cruz Sentinel

Store owner says the decline in 2023 should be seen as a market correction.

Denver
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Outdoor gear industry facing challenges after "insane" post-pandemic growth – Pasadena Star News

Store owner says the decline in 2023 should be seen as a market correction.

Washington
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