Regent, L.P. Reviews

2.8

40% would recommend to a friend

(30 total reviews)

43% positive business outlook

Regent, L.P. has an employee rating of 2.8 out of 5 stars, based on 30 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Regent, L.P. employee rating is 25% below average for employers within the Finance industry (3.7 stars).

Reviews by job title

30 reviews
1.0
28 Mar 2023

They DESTROYED Intermix

Recommend
CEO approval
Business outlook

Pros

Great ideas and story telling.

Cons

When Regent took over they had amazing ideas. Intermix of course had a few issues at the time and they sold us a dream. They left us without product for months and constantly telling us week after week that it was coming. They then announced we were getting new registers .Which made absolutely no sense. Why were we investing in new POS systems when we hadn't received any new product since October 2022. It was clear they were in fact not here to help us or save the business. Within the 3 months of partnership they started with laying off almost half of the corporate team, closed 4-5 stores, furloughed even more employees , cut everyone's pay by 10% , cut employee hours (which makes the pay cut more than 10%), rolled out terrible benefit packages, and eventually closed ALL stores except 4. The store closures were announced at a surprise to everyone on a Sunday afternoon via Video. They then sent moving trucks to every store to pick up product and shut the doors of Intermix immediately. Lastly, we have yet to hear a " Sorry" or " Thank you for your hard work.". Not even a good luck. It's as if this was the plan the entire time. So if you ask me again what the "Cons" are : -Unprofessional -Ruthless -Not committed to their investments -Could care less about employees

1.0
16 Sept 2020
Recommend
CEO approval
Business outlook

Pros

There are no pros about Regent from what I’ve experienced.

Cons

Michael Reinstein buys companies and destroys them. The last 4 companies he’s purchased have all filed for bankruptcy. He doesn’t invest in them, instead he steals product/resources, sends Regent bills to new companies and doesn’t pay basic necessities like rent, electricity, internet.

1.0
23 Jun 2023

Coming destroyer

Recommend
CEO approval
Business outlook

Pros

They buy companies that are almost in financial ruin, then finish the job.

Cons

They buy companies that are already in financial trouble, and drown them. They just give me broke vibes all-around. They acquired my company I was at for over 8 years. They instant removed any sort of 401k matching and changed all our benefit plans mid year. Ending up fixing our company to remove bonus’s, or even performance merit raises, and then laid off top performers without any sort of severance, PTO payout or insurance extensions. They ensure the companies they buy treat their employees like absolute garbage. The entire culture shifted poorly with the sale to regent. Just know, if they acquire your company, the clocks ticking.

Viewing 1 - 3 of 30 Reviews

Glassdoor has 33 Regent, L.P. reviews submitted anonymously by Regent, L.P. employees. Read employee reviews and ratings on Glassdoor to decide if Regent, L.P. is right for you.