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REI is Laying Off 275 Employees

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Re: REI is Laying Off 275 Employees

#131
post #93

Earlier quoted context omitted.

With the old returns policy, people were buying boots, wearing them out on the Appalachian Trail, and then returning them. Or buying a whole touring bike (REI sold their own fairly respectable model called the Novara), riding coast-to-coast, and then returning it. Once the internet era arrived and customers learned just what behavior they could get away with, the community was saying it was only a matter of time befo…

I don’t know how frequently those things happened. But I had the zipper break on my duffel bag after about 5 years and they told me they wouldn’t help. This wasn’t a crazy drop or mishandled, it was just some defect that caused the zipper to pop off one side when it shouldn’t. I’m never buying anything from their line again. Had I gotten a Patagonia duffel, they would fix a zipper decades later.

I blew out a shoulder strap in a Patagonia bag because I loaded it down with _way_ too much gear. A store of theirs sent it in to repair, and the repair person told me to pick a size of the new model because they couldn't repair the damage I caused. All shipping was covered by Patagonia.

Patagonia is drastically more expensive than REI gear, but included in the higher quality is a better return/repair policy and ethical manufacturing standards. REI is competing on price, not those standards.

Re: REI is Laying Off 275 Employees

#132
post #127
post #40

Earlier quoted context omitted.

Consumer spending is up, rising faster than inflation. Although it is growing more slowly than before. https://www.mckinsey.com/industries/consumer-packaged-goods/...

It's a small upward movement in a larger downward trend. https://www.mckinsey.com/industries/consumer-packaged-goods/...

The large decline is from 30% growth to 2%. 30% is insane post COVID bubble. 2% is normal growth

We are going back to normal. Maybe REI hired for the insane bubble continuing?

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