REI Offers Credit Instead of Dividend
The outdoor co-op did not make a profit last year, according to a letter to members posted on its website, and so will not pay its customary annual dividend, instead offering members an equivalent store credit amounting to 10% of 2020 full-price purchases. REI said that, despite 2020 being one of the most difficult years in its history, it ... Log in to view full article.
