A major active travel company is closing its doors, but there are still a lot of good alternatives for your next hiking or cycling vacation.

Forbes

United States

REI Adventures Shuts Down Trips: How To Find Alternative Active Travel

Issaquah-based co-op REI is making major changes to try to stabilize the company’s finances. The company will be close to just breaking even this year after losing $311 million in 2023. It saw financial growth in December. “The reality is a thriving co-op requires a sustainable economic model that is capable of investing at the appropriate level to fully fund our most critical strategic ambitions,” CEO Eric Artz said in a note posted on the comp…

Media Bias/Fact Check

MY Northwest

Deseret Management Corporation

Tacoma

Pierce County

Washington

REI cuts staff, closes Experiences division

Ad Fontes Media

All Sides

Forbes family (publishers)

SEATTLE — REI is eliminating its outdoor classes, events and tours this month as it looks to prune unprofitable parts of its business while struggling to break even. Read more...

The Columbian

Vancouver

Clark County

Struggling REI cuts hundreds of employees, axes tour and events business

REI is eliminating its outdoor tours, classes and events as it focuses on selling more gear and apparel.

The Seattle Times

The Seattle Times Company

Seattle

King County

Struggling REI announces layoffs, axes tour and events business

The company is eliminating its Experiences division, which includes adventure travel, day trips and classes, it announced Wednesday.

King5 News

Tegna Inc.

REI to lay off over 400 employees in elimination of business division

Seattle-based REI announced on Wednesday it was closing the company&rsquo;s Experiences division and eliminating the jobs of 438 employees.

Komo News

Sinclair Broadcast Group

REI cutting 438 jobs as it closes travel, tours division in washington

REI is eliminating its outdoor classes, events and tours this month as it looks to prune unprofitable parts of its business while struggling to break even. The Issaquah-based co-op will lay off 180 full-time and 248 part-time employees with the move, according to an email from CEO Eric Artz sent to employees Wednesday. Sixty-seven Washington-based workers will be affected. “They didn’t do anything wrong,” Artz said in an interview with The Seatt…

American Military News

Outdoor goods store REI Co-Op is shutting down one of its businesses focused on experiences such as excursions, day tours and classes, the company announced Wednesday.

Denver Gazette

REI Co-Op is shutting down Experiences, affecting 21 Colorado workers

After nearly 40 years, REI Co-op is shuttering its Experiences business, effective this week.  With this move, 428 employees — including 180 people in full-time roles and 248 part-time guides — will be laid off. The outdoor specialty retailer informed its employees of the decision today.  “We have gone through many iterations and have explored multiple options to keep this business up and running to preserve jobs. We’ve held out as long as possi…

Footwear News

REI Co-op Shutters Its Experiences Business After Nearly 40 Years, Lays Off 428 Employees

Customers who had future experiences booked will receive a refund. Cavan Images/Getty Images A group hikes together through the woods in Oregon It’s the end of an era for a popular outdoor tourism service.REI Co-op, the beloved outdoor retailer, announced Wednesday that it would be closing its Experiences division. Known for providing classes, selling group travel excursions, and operating various tours for 40 years, Experiences was utilized by …

REI Adventures Shuts Down Trips: How To Find Alternative Active Travel

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