Tuesday, April 9, 2019

With Millennials In Mind, Outdoor Retailer REI Doubles Down On Rentals And Used Gear Sales

Forbes
In the latest sign that sustainability is the retail industry’s big trend, specialty outdoor gear retailer REI is “significantly” expanding its rental and used gear sales programs and trade-in options.

While REI, known for its co-op membership model, has historically hosted in-store “garage” sales a few times a year to resell gently used products that customers have returned, the new initiative is taking that up several notches, with used product sales now to be held year-round both in stores and online, REI interim president and CEO Eric Artz said.. . . more