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Antique & Vintage Outdoor Market hosted by Rosie s Vintage

Antique & Vintage Outdoor Market hosted by Rosie s Vintage
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Transcripts for CNN The Lead With Jake Tapper 20151027 20:59:00

red. one store is taking a stand against the day. outdoor chain rei will be closing all 143 of its stores on one of the busiest shopping days of the year, giving all 12,000 of its full and part-time employees a paid day off. and encouraging customers to spend the day outside instead of inside shopping. rei has no shareholders to please, you might surmise. it is the largest retail co-op with 5.5 million members who account for 90% of the company sales. members pay a one-time fee, and receive an annual dividend, about 10% of their purchases that year. the company s ceo says this move is because it s more valuable to bring in new, passionate members than to compete for retail bargains. follow me on facebook and twitter @jaketapper or tweet at the lead. we actually read them.

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