#retail-financials

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fromTime Out New York
3 days ago

Here is why REI is closing in Soho at the end of next year

"After thoughtful consideration, we have made the difficult decision to close our SoHo store in late 2026," a REI spokesperson said in an official statement. "Since opening in 2011, this location has held a special place for us and we are grateful to our team, our members and customers, and the broader community for their support over the past 15 years." The 35,00-square-foot flagship-the company's only location across the five boroughs-first debuted inside the iconic Puck Building on Lafayette Street back in 2011 and New Yorkers immediately flooded the shop to stock up on their camping and ski gear.
New York City
Fashion & style
fromDigiday
1 month ago

Culture is expensive: American Eagle bets on buzz as tariffs and rivals close in

American Eagle's celebrity-driven denim campaigns drove major impressions and customer gains while revenue fell, inventory rose, and cost and pricing pressures threaten sustainable growth.
Business
fromFortune
1 month ago

Costco just gave bargain hunters a powerful reason to upgrade to its $130 executive membership

Costco grants Executive Members earlier store access—weekdays and Sundays one hour, Saturdays 30 minutes—to reward high spenders and encourage upgrades to the $130 tier.
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