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Type: Posts; User: altasnob

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    In 2019, the retailer lost a reported $11.487...

    In 2019, the retailer lost a reported $11.487 million on annual sales of $462 million—a harsh slump that capped years of disappointing performance.

    A Special Committee of the Board engaged in an...
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    REI (closest comparison) just scrapped plans of...

    REI (closest comparison) just scrapped plans of building a new headquarters in Bellevue and instead sold the property to Facebook. REI now plans smaller decentralized offices around the Seattle area....
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    Negligent? What brick and mortar retail isn't on...

    Negligent? What brick and mortar retail isn't on the brink of bankruptcy right now.
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    MEC members launch petition to cancel sale to US...

    MEC members launch petition to cancel sale to US investor. Change.org petition had nearly 6,000 signatures as of Tuesday morning. Are they willing to cover the $11 million loss MEC had last year?
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    I've heard that the REI in Bellingham was packed...

    I've heard that the REI in Bellingham was packed with Canadians (pre-COVID).
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    I always wondered why REI didn't move into the...

    I always wondered why REI didn't move into the Canadian market like other American chain stores, particularly since they are headquartered in Seattle. Maybe MEC's troubles will prompt them to....
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    News of its acquisition Monday prompted many...

    News of its acquisition Monday prompted many members of the co-operative to wonder whether they would get their co-operative shares — about $5 — back.

    During the transition from a co-operative to...
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