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400+ REI Employees Laid Off, Outdoor Retailer Ends Adventure Travel Program 400+ REI Employees Laid Off, Outdoor Retailer Ends Adventure Travel Program
400+ REI Employees Laid Off, Outdoor Retailer Ends Adventure Travel Program More than 400 employees will lose their jobs as REI closes its Experiences program, ending the adventure travel and outdoor education programs that have been part of the retailer’s identity for 40 years. REI announced the shutdown of its Experiences division in a news release on Wednesday, Jan. 8. The decision will result in 438 layoffs for 180 full-time employees and 248 part-time guides as the company shifts focus to its core business. The retail chain cited ongoing financial challenges as the reason for ending the program. Experiences included adventure travel, day to…

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by Chris Spiker
Business
Party City Going Out Of Business, Closing All 800 Stores, Including 42 In NY Party City Going Out Of Business, Closing All 800 Stores, Including 42 In NY
Party City Going Out Of Business, Closing All 800 Stores, Including 42 In NY The party is over for a popular chain store that's been in business for decades. Party City is “winding down” operations immediately at its approximately 800 locations, CEO Barry Litwin told corporate employees  in a video call on Friday, Dec. 20, CNN reports. Workers were told they will not receive severance pay, and that their benefits would end as the company goes out of business, CNN says. The company, headquartered in in Woodcliff Lake, New Jersey, is running low on cash and unable to pay rent in some locations, according to an earlier Bloomberg report. Party City was foun…

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by Joe Lombardi
Business
'Scared For Future': Support Rises After 70-Year-Old Long Island Diner Destroyed By Fire 'Scared For Future': Support Rises After 70-Year-Old Long Island Diner Destroyed By Fire
'Scared For Future': Support Rises After 70-Year-Old Long Island Diner Destroyed By Fire For the first time in nearly 70 years, the kitchen at this beloved Long Island diner is closed. The community is showing its support for the owners and employees of the Peter Pan Diner in Bay Shore after the restaurant was destroyed in an overnight fire. Firefighters were called to the building, located at 999 Sunrise Highway, just before 2 a.m. Tuesday, July 2, for a commercial fire. The first crews on scene were initially slowed due to the Suffolk County Water Authority working on a nearby fire hydrant from an earlier water main break, ABC7 reports. They had to use one three blocks away …

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by Michael Mashburn