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Story perspectives

REI Closes Boston Store Amid Sales Decline and Union Concerns

10/10/2025

31 4 Full Breakdown

Summary

Story summary

REI Co-op will close the Boston store by late 2026, along with the SoHo and Paramus locations.
The closures follow a 6.3% decline in net sales, from $3.7 billion in 2023 to $3.5 billion in 2024.
The Boston store opened in 2003 and was among 11 unionized REI locations.
The United Food & Commercial Workers union seeks clarity on how employees may apply for positions at other stores.

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Story summary

REI Co-op will close the Boston store by late 2026, along with the SoHo and Paramus locations.
The closures follow a 6.3% decline in net sales, from $3.7 billion in 2023 to $3.5 billion in 2024.
The Boston store opened in 2003 and was among 11 unionized REI locations.
The United Food & Commercial Workers union seeks clarity on how employees may apply for positions at other stores.