At REI, we believe that a life outdoors is a life well lived. At Recreational Equipment, Inc. (REI) we believe a life outdoors is a life well-lived. Find out what works well at Recreational Equipment Inc from the people who know best. Employees receive discounts on merchandise, may be eligible for free or discounted outdoor classes, and also receive a "Yay day" pass, entitling them to spend up to 6 hours outdoors for pay. This plan has a BrightScope Rating of 63. REI kept MSR until 2001, when it exited the manufacturing business, selling the operation to Cascade Designs,[8] another successful outdoor gear company in the Seattle area. Handpicked deals at REI Outlet through December 24. REI members are allowed to buy returned/used/damaged goods at significant discounts at the REI Used Gear Sales. Learn more, Here's how REI is responding to COVID-19. Get insights like historical revenue and employee data, growth rates, and more. REI sells sporting goods, camping gear, travel equipment, and clothing. REI | Complete Ring Energy Inc. stock news by MarketWatch. Members also receive exclusive coupons throughout the year for around 20% off of full-price items. Camping gear from Gerber, Gear Aid, Black Diamond and more. REI-Recreational Equipment Inc Rei -Recreational Equipment Inc was founded in 2011. REI ranked as #8 in 2012,[37] #69 in 2014, #58 in 2015,[38] #26 in 2016,[39] and #28 in 2017. Learn more, Want details for your local REI? REI Co-op jackets, packs, clothing and more. Business Details Location of This Business 710 S Rampart Blvd STE 1, Las Vegas, NV 89145-5803 Arizona Outback Adventures had served as a vendor and operator of REI's adventure travel programs for over 15 years. Recreational Products Stocks Companies within the recreational products sector design and manufacture products for entertainment purposes. [36] REI has been ranked in the top 100 Companies to Work For in the United States by Fortune since 1985, which earned it a place in the Fortune "Hall of Fame". Other benefits of REI membership include discounts on rentals, deals on shipping charges, REI adventure trips, and shop services, as well as rock wall access at locations that feature indoor climbing walls. REI operates 165 retail stores in 39 states. The annual dividend is normally equal to 10% of what a member spent at REI on regular-priced merchandise in the prior year. REI - Recreational Equipment Inc. FORT COLLINS, CO, USA - SEPTEMBER 16 2014: REI - Recreational Equipment Inc … [27] It has distribution centers in Sumner, Washington; Bedford, Pennsylvania; and Goodyear, Arizona. REI has diversified its offerings into global adventure vacations through the REI Adventures branch, which began in 1987. Browse 1,431,542 recreational equipment stock photos and images available, or search for sunglasses or seniors sports & recreation to find more great stock photos and pictures. Here's why. - NYSE: DECK 6/19/2013 53.18 6/19/2018 120.45 +126.5% *GoPro Inc. - NASDAQ: GPRO 6/23/2014 28.65 6/19/2018 6.27 -78.1% *Vista Outdoor Inc… The locations include Flagship stores in Denver, Seattle, Redmond, and Bloomington as well as the Pittsburgh South Side Works store. This includes sellers of sports equipment, board … Java content may be prohibited by the security software, to see the stock quotes, choose "allow content from this page" option. Although most of what it sells is brandname merchandise from other companies, REI designs and sells its own private-label products under the REI, REI Co-Op, Co-Op cycles brands. 1 and 2. No sweat. Eric Artz, previously COO of the company, was named CEO and president of REI in May 2019. The movie business is great business for Hasbro as a surge in sales of all things 'Frozen 2' and 'Spider-Man' boosts earnings - and its stock. On June 11, 2015, REI bought Adventure Projects Inc., a Boulder-based company, founded by Nick Wilder and Mike Ahnemann in 2012, which is best known for its climbing website, Mountain Project (MountainProject.com), with guides to more than 128,000 climbing routes across the world. REI is a key sponsor of The Access Fund, a non-profit organization committed to keeping America's climbing areas open by education, environmental protection, and advocacy. [6] When Whittaker climbed Mount Everest, it provided REI with so much free advertising that the following year, 1964, its gross income topped $1mil for the first time.[7]. Recreational Equipment, Inc. (REI), a national co-op providing quality outdoor gear and clothing, has released its fourth annual stewardship report, detailing the company’s progress to address its … Today, it is consumer-oriented goods, particularly clothing and family camping equipment, that is the mainstay of REI's business. [41] By 2007, REI promises to make its trips through REI Adventures carbon neutral by the purchasing of green power credits "Green Tags". Through the 1970s, it identified itself prominently as REI Co-op, focusing primarily on equipment for serious climbers, backpackers, and mountaineering expeditions. [17][18] Since then they have also released Camp Monsters and Wildfire. The report covers the company's structure, operation, … Recreational Equipment … Find 6 listings related to Recreational Equipment Inc in Oxnard on YP.com. Facebook (NASDAQ:FB) is buying the new headquarters of Recreational Equipment Inc. - REI - near Seattle, for $367.6M. [43] REI has pledged to be a climate neutral and zero waste to landfill company in 2020 by focusing on the five areas of its business: green buildings, product stewardship, proper paper usage, reducing waste and energy efficiency. Reset All Filters. Recreational Equipment, Inc. filed as a Statement & Designation By Foreign Corporation in the State of California on Monday, February 24, 1975 and is approximately … Get the inside scoop on jobs, salaries, top office locations, and CEO insights. Lloyd and Mary were issued cards No. Lifetime membership is just $20. [40], In 2006, REI purchased 11 million kWh of green power, enough to offset 20% of its overall power consumption. Clothing, particularly "sport casual" clothes, also became a greater part of the company's product line. In common with other retailers, REI stores tend to receive most of their traffic during the weekend. 2/11/20 10:34AM Visit REI Co-op online and in-store. Stay updated on the latest news, deals, & more. That placed REI on the US Environmental Protection Agency's top ten list of retailers in purchases of cleanly-generated electricity. REI outlets are often positioned as anchor stores in upmarket strip malls. In earlier years, board elections were competitive elections, with both board-nominated and self-nominated petition candidates. David Whitaker: Admin/Sales Lead Since Apr 2012. See who else made the list. [33][34][35], REI employs over 11,000 people, most of them in the stores, many of whom are part-time. Recreational Equipment Inc. (REI)Store Manager Since Sep 2009. The Outdoor School is a series of one-day outings in the local area and in store classes. REI is a Washington corporation governed by a board of 13 directors, including the CEO. While the board serves at the members' pleasure, there is no path to board membership without the approval of the Board Nomination and Governance Committee. [44], To support local communities, REI offers meeting space free of charge to non-profit organizations, supports conservation efforts, and organizes yearly outdoor service outings. ... Stock … Recreational Equipment, Inc… Earn an Annual Dividend, plus get access to exclusive products, events and offers. Find their customers, contact information, and details on 14441 shipments. Whittaker served as CEO during the 1960s[5] and was an early board member with American Alpine Club president Nicholas Clinch. March 15, 2017. REI is a consumer cooperative and reports its financial results to members each year to coincide with the annual distribution of profits, including the member dividend. [13] It has since expanded by creating MTBProject.com, a website for mountain bike trail maps, HikingProject.com, for hiking trails, PowderProject.com, for backcountry skiing trails, and TrailRunProject.com, for cross-country running trails. Under Armour Inc. - NYSE: UAA 6/19/2013 15.50 6/19/2018 22.62 +45.9% Deckers Outdoor Corp. (Teva, Hoka, etc.) David Mydans: Sr Product Designer Since Apr 1987. A new headquarters campus in the Spring District of Bellevue, Washington, was announced in 2016 and planned to open in 2020. 20 providence pike, n. smithfield ri • (800) 831-2011 Home Company profile page for Recreational Equipment Inc including stock price, company news, press releases, executives, board members, and contact information Like us on Facebook! [4] On June 23, 1938, with the help from Seattle attorney Ed Rombauer, five Mountaineers met at Rombauer's office, and each paid one dollar to join Recreational Equipment Cooperative. Its 2007 giving of $3.7 million represented about 0.28% of its $1.3 billion in gross sales. In 1942, Lloyd moved to a new space down the hall from The Mountaineers club rooms on Pike Street. The current locations of the Outdoor School are the San Francisco Bay Area, Sacramento and Reno areas, the Los Angeles area, the San Diego area, Boston and New England area, New York Tri-State area, Philadelphia, Washington D.C./Maryland/Virginia area, Chicago area, Minneapolis area, Denver area, Atlanta area, Portland area, and Puget Sound area. Board candidates are selected by the REI Board Nomination and Governance Committee. [42] REI Adventures states that it is the first US travel company to introduce that type of program. Directors serve for terms of one or three years. [45] It also sends volunteers to help groups with cleaning up the environment, building new trails, and teaching children the importance of caring for the environment.[46]. Lloyd (1902–2000) and Mary Anderson (1909–2017) founded REI in Seattle, Washington in 1938. [23], REI has a member owned co-operative headquartered in Kent, Washington. REI donates annually to conservation groups in the US. End dates vary. REI continues to sell climbing and backpacking gear. She became CEO in 2005. [21], Jerry Stritzke, former president and COO of Coach New York, was named president and CEO of REI in August 2013. The Andersons originally established the co-op structure to secure reduced prices for its members and REI now models itself as a boutique full-service retailer, with a website including order-on-the-web and free delivery to a nearby store, rather than as a low-price retailer. View real-time stock prices and stock quotes for a full financial overview. [14][15][16], In November 2016 REI started producing independent podcasts informally starting with Wild Ideas Worth Living by journalist Shelby Stanger. Learn more, Multiple options. Learn more, Orders of $50 or more ship free (U.S. standard).

https://en.wikipedia.org/wiki/Berkshire_Hathaway, https://en.wikipedia.org/wiki/Nationwide_Mutual_Insurance_Company, … The acquisition brought new tour and rental capabilities in house at REI and signaled a renewed efforts towards diversifying the company's experiential offerings. [22] Stritzke resigned in February 2019. Recreational Equipment, Inc., commonly known as REI, is an American retail and outdoor recreation services corporation. Intraday data delayed per exchange requirements. [9], On Black Friday 2015, REI closed all of its stores, halted the processing of orders on its website, and gave all employees a paid day off. And for all you epic bargain hunters out there…, Wherever you are, we can help you get outside, Order online and pick up at store with zero contact. We've been sharing our passion for the outdoors since 1938.Read our story, Join the REI Co-op community to get an annual dividend, access exclusives and give back. REI is the first major retailer to forgo operations on Black Friday. In 2006, REI started the Outdoor School in selected markets. Each active member is entitled to vote for members of the company's board of directors and is eligible to receive a patronage dividend on qualifying purchases.[28]. Jim Whittaker, the first American to summit Mount Everest (in 1963), was hired as the first full-time employee of REI on July 25, 1955. It also offers services such as outdoor-oriented vacations and courses. [citation needed] REI Adventures offers vacations for active travelers all over the world. In October 2015, the company launched a redesigned logo, which includes the word "co-op" for the first time since 1983. Recreational Equipment Inc – Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. Local stores host free clinics on outdoor topics and organize short trips originating from the store to explore local hikes and cycling paths. 45 rei recreational equipment inc stock photos are available royalty-free. ; REI never even got to move in to the 400,000-square-foot space, as the … The Andersons imported an Akadem Pickel ice axe from Austria for themselves as part of The Mountaineers Basic Climbing Course, and decided to set up a co-operative to help other outdoor enthusiasts in the club acquire good quality climbing gear at reasonable prices. However, in the 1980s, with changes to its board of directors, the emphasis shifted toward family camping and branched out into kayaking, bicycling, and other outdoor sports. Members are entitled to a patronage dividend. [20], Sally Jewell joined the board of REI in 1996 and in 2000 was named chief operating officer. [24] The sale of the new headquarters campus was announced in August 2020 amid the COVID-19 pandemic, with REI corporate employees working from home.[25]. Recreational Equipment, Inc., commonly known as REI, is an American retail and outdoor recreation services corporation. Uncover why Recreational Equipment Inc … In 1956, Recreational Equipment Cooperative was incorporated. Find 9 listings related to Recreational Equipment Inc in Indianapolis on YP.com. Save on electronics from Goal Zero, Garmin, GoPro and more. In the aftermath of the Stoneman Douglas High School shooting REI joined the 2018 NRA boycott and suspended orders from Vista Outdoor, a maker of outdoor products and rifles. The company's line of business includes the wholesale distribution of industrial machinery and equipment. This company offers outdoor sporting goods, clothing and other extreme sports gear and equipment. It is organized as a consumers' co-operative. Online tracking. Members are mailed a ballot, and nominees must garner 50% of returned ballots; members may also vote online. The newletter sign-up system is currently down for maintenance. Recreational Equipment Inc. at 21318 64th Avenue South, Kent, WA 98032, USA. REI is owned by its active members, persons who have paid a $20 lifetime membership fee and have purchased $10 or more of merchandise from REI in a given calendar year. [29] The dividend, which becomes unredeemable on December 31 two years from the date of issue, can be used as credit for further purchases or taken as cash or check between July 1 and December 31 of the year that the dividend is valid. Other Gear Companies Need to Follow Suit", "REI closing on Black Friday for 1st time in push to #OptOutside", "REI will not sell anything on Black Friday", "REI buys Boulder-based outdoor adventure trail company", "REI acquires Adventure Projects network of sites", "CrunchBase entry for Adventure Projects Inc", "REI Co-op acquires guided adventures and travel partner Arizona Outback Adventures (AOA) | REI Newsroom", "REI's Sally Jewell wins confirmation as Interior secretary", "Jerry Stritzke Named President and CEO of REI", "Eric Artz tapped as REI's new president and CEO", "REI confirms headquarters move to Bellevue's Spring District", "REI to sell its never-used Bellevue headquarters and shift office work to multiple Seattle-area sites", "2 neighborhoods feel ripples of REI move", "REI Looks To 'Urban Wilds' With Evrgrn Brand Launch", "REI Announces its Exclusive 2011 Novara Bicycle Line -- New Mainline Collection Covers a Continuum of Distances", "2010 Stewardship Report: Employee Pay and Benefits", "REI: #28 on 100 Best Companies to Work For in 2017 | Fortune", articles with unsourced statements%5d%5d%5b%5bCategory:Articles with unsourced statements from June 2020%5d%5d, "Adventure Travel & Active Vacations Worldwide | REI Adventures", 2006 REI Stewardship Report: Sustaining the Natural World, "REI halts orders from Vista Outdoor over its response to Parkland shooting", https://en.wikipedia.org/w/index.php?title=Recreational_Equipment,_Inc.&oldid=991238947, 1938 establishments in Washington (state), Sporting goods retailers of the United States, Articles with unsourced statements from March 2020, Wikipedia articles with WORLDCATID identifiers, Creative Commons Attribution-ShareAlike License, This page was last edited on 29 November 2020, at 01:10. Recreational Equipment Inc. (REI) employee benefits and perks data. Recreational Equipment Incorporated (REI) is not a publicly traded company. It also offers services such as outdoor-oriented vacations and courses. © 2020 Recreational Equipment, Inc. All rights reserved. [3] REI's annual revenue for 2019 was US$3.12 billion.[1]. Its flagship stores are in the Cascade neighborhood of Downtown Seattle, which opened in 1996;[26] Bloomington, Minnesota; Washington, DC; New York City; and Denver, Colorado. It also receives orders via mail-order catalogs and the internet. [19], In February 2019, REI acquired Arizona-based adventure tour operator Arizona Outback Adventures. Discount based on original prices. In recent years, REI eliminated the opportunity for petition candidates and has nominated only as many candidates as open positions. 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