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Dive Brief: With the most chaotic parts of the pandemic likely in the rearview mirror, REI on Wednesday released its financials for 2020, including $2.75 billion in revenue and $0 in profit, which the company tied to its investment of $6.3 million into over 400 nonprofit partners. The retailer also said it is debt-free and in a strong cash position. The outdoors retailer touted one million new members in 2020 and doubled its online used gear sales, according to a company press release. Used gear has been a focus for REI over the past few years especially, as the retailer has worked to increase access to used gear and rentals.

Eric artzDive briefClimate neutralPatagonia action worksCooperative actionஎரிக் ஆர்ட்ஸ்டைவ் சுருக்கமானகாலநிலை நடுநிலைபடகோனியா நடவடிக்கை வேலை செய்கிறதுகூட்டுறவு நடவடிக்கை