In a bold and unexpected move, outdoor retail giant REI announced Tuesday that it鈥檒l . The decision, applauded by many here at 国产吃瓜黑料, was made聽because the store felt like聽Black Friday shopping has聽鈥済otten out of hand.鈥澛
While REI hasn鈥檛 asked other retailers to join in, it鈥檚 clear聽the hashtag that went along with its聽campaign is meant to inspire a movement鈥攁 sustainable antidote to the bleary-eyed, turkey-stuffed hordes of shoppers duking it out in the aisles of big-box stores.聽鈥淲e鈥檙e absolutely open to other (retailers) wanting to be a part of this,鈥 says REI鈥檚 Chief Creative Officer Ben Steele.
Other companies have shown they want to be part of the goodwill flood, too. The day after REI's announcement, outdoor gear maker聽said it will join the company聽in the #Opt国产吃瓜黑料 movement and聽close its corporate offices, distribution center, Seattle factory, and retail store on Black Friday.聽
In recent years, major department stores like Nordstrom have scaled back, opening later to give employees more time with their families on Thanksgiving. Patagonia has and hosted used clothing swaps on Black Friday. But it's聽unlikely that other big聽outdoor retailers will follow REI鈥檚 lead this year.聽We spoke with several companies,聽including Sierra Trading Post, Eastern Mountain Sports,聽and L.L. Bean, and they all said they鈥檒l open on the day after Thanksgiving. (L.L. Bean鈥檚 flagship store in Freeport, Maine, has closed only three times in its 103-year history: once when JFK was shot, once when L.L. Bean聽died, and once last month when a longtime president of the company passed away.)
鈥淚 can say with some confidence that REI was able to make this decision聽because it鈥檚 a co-op,鈥澛燙arreiro聽says. The very premise of co-ops聽is to provide an 鈥渆thical and humane鈥 alternative to the聽typical corporate model.
Earl聽Richmond, who owns a local gear store called in Buena Vista, Colorado, says he would close if he could, but he needs the business.聽鈥淚t鈥檚 not right, but it鈥檚 how America鈥檚 been molded,鈥 he said. 鈥淚f people are going to go shopping, it鈥檚 important that retailers are there.鈥
So what gives? Why is REI able to walk away from the biggest shopping day of the year?聽
One reason: money. REI is in its second year of double-digit growth and its competitors. Last year, for instance, REI raked in $2.2 billion鈥攖hree times Patagonia鈥檚 revenue and $600 million more than L.L. Bean鈥檚.聽
But another reason, says Joshua Carreiro, a sociologist who has taught at Smith College,聽is that REI isn鈥檛 your typical capitalist company. It鈥檚 a co-op鈥攓uite possibly the largest co-op in the U.S.鈥攁nd that means it鈥檚 less beholden to the bottom line, and investors, than its corporate publicly聽traded聽competitors. 鈥淚 can say with some confidence that REI [was able to make this decision] because it鈥檚 a co-op,鈥 Carreiro says. The very premise of co-ops,聽Carreiro says,聽is to provide an 鈥渆thical and humane鈥 alternative to the聽typical corporate model.聽
REI will take a short-term financial hit by closing on Black Friday (in the past, the day has been one of the , but the decision to go totally dark on Black Friday will likely benefit it聽down the road,聽thanks to all the positive marketing. The response from professional athletes, REI members, employees, media, and聽the general public has been overwhelmingly supportive, Steele says.聽
Lorna Caputo, a market insights manager for the Outdoor Industry Association, says the decision plays into consumers鈥 desire to support an 鈥渁uthentic鈥 brand whose values align with their own. Even Carreiro, who鈥檚 professionally obligated to eye the decision with skepticism, was practically giddy when he heard the news. 鈥淚t鈥檚 smart, it鈥檚 ethical,聽and it鈥檚 positive,鈥 he says.聽
If you do need to get your shopping done that day, places like CKS Main Street will welcome you. 鈥淭he smaller fish in the pond need to eat everything they can to stay afloat,鈥 Richmond says.