Lloyd (1902–2000) and Mary Anderson (1909–2017) founded REI in Seattle, Washington in 1938. 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. [11] They continued the initiative through the 2019 holiday season.[12]. They can be contacted via phone at (847) 470-9090 for pricing, hours and directions. Sie sind auf der linken Seite unten aufgeführt. [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. The acquisition brought new tour and rental capabilities in house at REI and signaled a renewed efforts towards diversifying the company's experiential offerings. It acquired nearby outdoor gear firm Mountain Safety Research in 1981, which later bought tent-maker Edgeworks and produced tents with the MSR brand. The Company sells gears, clothings, footwears, and other outdoor recreational products . Learn More About our Enterprise Analytics Solutions. 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. 88%. [47], "REI" redirects here. Consent is not a requirement of purchase. Eric Artz, previously COO of the company, was named CEO and president of REI in May 2019. Consent is not a requirement of purchase. Revenue per employee total ranking has impoved so far to 62, from total ranking in previous quarter at 67. It is organized as a consumers' co-operative.REI sells sporting goods, camping gear, travel equipment, and clothing.It also offers services such as outdoor-oriented vacations and courses.. REI operates 154 retail stores in 36 states. 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. The Registered Agent on file for this company is Corporate Creations Network In and is located at 8655 E … Explore the company profile and learn everything from culture to benefits. [23], REI has a member owned co-operative headquartered in Kent, Washington. Members also receive exclusive coupons throughout the year for around 20% off of full-price items. Exterior sunny view of the famous REI Store. Whittaker served as CEO during the 1960s[5] and was an early board member with American Alpine Club president Nicholas Clinch. Interior view of the famous REI Store. Companies in this sector distribute nondurable or durable goods, typically specializing by product category.... See other industries within the Wholesale Sector, Beer, Wine & Distilled Spirits Wholesalers, Electrical, Plumbing & Hardware Wholesalers, Petroleum & Petroleum Products Wholesalers, Steel Service Centers & Other Metal Wholesalers. Find the latest Caterpillar, Inc. (CAT) stock quote, history, news and other vital information to help you with your stock trading and investing. Sign in to add some. Cheryl Scott is Former Vice Chairman at Recreational Equipment Inc. See Cheryl Scott's compensation, career history, education, & memberships. 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. Recreational Equipment, Inc. and its subsidiaries (collectively, REI or the Company) operate as a specialty outdoor retail cooperative. It also receives orders via mail-order catalogs and the internet. Like us on Facebook! Directors serve for terms of one or three years. *Contacts and Principals counts are estimates and may differ from the actual number of contacts available in D&B Hoovers. Your Answer. See our Privacy Notice to unsubscribe. [citation needed] REI Adventures offers vacations for active travelers all over the world. Call us for a quote for all of your amusement and party needs. From Business Journals. [3] REI's annual revenue for 2019 was US$3.12 billion.[1]. For reviews of Recreational Equipment, Inc. see below. You can seriously increase your capital after a while or, conversely, after a while your capital may decline. [20], Sally Jewell joined the board of REI in 1996 and in 2000 was named chief operating officer. This number is assigned once our patented identity resolution process, part of our DUNSRight, Learn about how a Dun & Bradstreet D-U-N-S number can help your company succeed, Establish your business, get noticed, and control your story in the global marketplace, Look up a partner’s company or find your company’s D-U-N-S Number, View and update business information on your D&B Credit file, A leading global provider of business decisioning data and analytics for almost 200 years, Live Business Identity is the most comprehensive and continually updated view of a business entity. C) … REI donates annually to conservation groups in the US. China Recreational Equipment wholesale - Select 2020 high quality Recreational Equipment products in best price from certified Chinese Fitness Equipment manufacturers, Park And Recreation suppliers, wholesalers and factory on Made-in-China.com The company's filing status is listed as Good Standing and its File Number is F00367311. Dun & Bradstreet collects private company financials for more than 23 million companies worldwide. REI is a Washington corporation governed by a board of 13 directors, including the CEO. 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]. REI is dedicated to inspiring, educating, and outfitting its members and the community for a lifetime of outdoor adventure and stewardship. REI continues to sell climbing and backpacking gear. [21], Jerry Stritzke, former president and COO of Coach New York, was named president and CEO of REI in August 2013. Get verified inside information about the supplier relations of RECREATIONAL EQUIPMENT INC. All rights reserved. Combine your data with Dun & Bradstreet Data Cloud data to create new analytical models that can give you a competitive edge. It is organized as a consumers' co-operative. 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. 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. As mentioned above, REI is used as an acronym in text messages to represent Recreational Equipment, Inc.. By clicking the button above, you agree to our Terms of Use and consent to our contact process. Through the 1970s, it identified itself prominently as REI Co-op, focusing primarily on equipment for serious climbers, backpackers, and mountaineering expeditions. REI outlets are often positioned as anchor stores in upmarket strip malls. 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Plus rentals, classes, events, expert advice and more. Recreational Equipment, Inc. United States C Corporation. 50 reviews for REI / Recreational Equipment, rated 1.00 stars. Get the latest business insights from Dun & Bradstreet. March 15, 2017. Recreational Equipment, Inc., commonly known as REI, is an American retail and outdoor recreation services corporation. [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]. Drive performance through our partnership program, D&B Accelerate, Information and resources about the performance of Dun & Bradstreet. Recreational Equipment Inc. has 2 total employees across all of its locations and generates $302,979 in sales (USD). Escalade, Inc. engages in the manufacture and distribution of sporting goods and recreational equipment. 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. REI ranked as #8 in 2012,[37] #69 in 2014, #58 in 2015,[38] #26 in 2016,[39] and #28 in 2017. Für alle Bedeutungen von REI klicken Sie bitte auf "Mehr". 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. By clicking the button above, you agree to our Terms of Use. Jewell remained CEO of REI until she was named United States Secretary of the Interior in April 2013. About The Company. $0 0 item(s) in the shopping cart See our. Recreational Equipment, Inc. is located at the address 8225 W Golf Rd in Niles, Illinois 60714. Employees say this is a great place to work. (www.rei.com)has typical retail store hours,35 percent of its orders are placed between the hours of 10 p.m.and 7 a.m.This shows how electronic commerce contributes to customer value through the creation of A) time utility. Continuously updated. [33][34][35], REI employs over 11,000 people, most of them in the stores, many of whom are part-time. In 2006, REI started the Outdoor School in selected markets. Please note that Recreational Equipment, Inc. is not the only meaning of REI. [14][15][16], In November 2016 REI started producing independent podcasts informally starting with Wild Ideas Worth Living by journalist Shelby Stanger. That placed REI on the US Environmental Protection Agency's top ten list of retailers in purchases of cleanly-generated electricity. The locations include Flagship stores in Denver, Seattle, Redmond, and Bloomington as well as the Pittsburgh South Side Works store. Recreational Equipment, Inc., commonly known as REI, is an American retail and outdoor recreation services corporation. B) place utility. By continuing to browse the site, you agree to our use of cookies. This page is all about the acronym of REI and its meanings as Recreational Equipment, Inc.. Bitte scrollen Sie nach unten und klicken Sie, um jeden von ihnen zu sehen. D&B Hoovers provides sales leads and sales intelligence data on over 120 million companies like Recreational Equipment Inc. around the world, including contacts, financials, and competitor information. Recreational Equipment, Inc. is an Arizona Non-Profit filed on August 25, 1986. 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. 183 likes. Revenue per Employee Comment: Revenue per employee grew on trailing twelve months basis to 482,823 $, above Recreational Products Industry average. Free Microsoft Outlook plugin to drive efficiency with on-demand sales intelligence. Recreational Equipment Inc. is located in Kent, WA, United States and is part of the Wholesale Sector Industry. REI Recreational Equipment Inc Apr 2012 - Present 8 years 9 months. 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. Although Recreational Equipment,Inc. When investing in a tool like stocks, you need to focus on a long term: a few years or a few dozen years. Recreational Equipment, Inc., commonly known as REI, is an American retail and outdoor recreation services corporation. Recreational Equipment, Inc. (REI) Employee experience Certification expired August 2020. We use cookies for marketing and advertising purposes, and to provide the best experience on our website. Recreational Equipment Inc. has 2 total employees across all of its locations and generates $302,979 in sales (USD). [17][18] Since then they have also released Camp Monsters and Wildfire. Copyright © 2004-2015 Recreational Equipment, Inc. In October 2015, the company launched a redesigned logo, which includes the word "co-op" for the first time since 1983. Recreational Equipment, Inc. designs, develops, and retails outdoor gear and apparel for camping, hiking, cycling, urban lifestyle, travel, and general outdoor recreation. In common with other retailers, REI stores tend to receive most of their traffic during the weekend. Ticker symbol for altria? Recreational Equipment, Inc. (REI) Recreational Equipment, Inc. (REI) SGATalents' Individual Business Lists are 100% staff verified and details the company’s roster of key professionals and key - Market research report and industry analysis - 11716371 Secure and cloud-based. 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 is the first major retailer to forgo operations on Black Friday. Call us for a quote for all of your amusement and party needs. Find company research, competitor information, contact details & financial data for Recreational Equipment, Inc. of Seattle, WA. [42] REI Adventures states that it is the first US travel company to introduce that type of program. You consent to Dun & Bradstreet (D&B) using this data for marketing and analytical purposes, and to D&B emailing you or using an autodialer or pre-recorded voice to text or call you at the number you provide with marketing or other offers. Imagine working at Recreational Equipment, Inc. before you get there. Top-brand gear, clothing—and outdoor adventures! November 21, 2016. [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]. Recent news which mentions Recreational Equipment Inc/ REI’s second Black Friday stunt proves a good move for the co-op again. Neben Recreational Equipment, Inc. hat REI andere Bedeutungen. High quality data. [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]. The Dun & Bradstreet Data Cloud offers the world’s most comprehensive business data and analytical insights to power today’s most crucial business needs. Add a Comment. It is organized as a consumers' co-operative.REI sells sporting goods, camping gear, travel equipment, and clothing.It also offers services such as outdoor-oriented vacations and courses.. REI operates 165 retail stores in 39 states. [10] Although Black Friday has been one of REI's top 10 days for annual sales, the company abstained from Black Friday and launched an #OptOutside marketing campaign, urging people to spend their time outside. 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. Fill out this form, and we'll contact you soon. Recreational Equipment Inc., Paw Creek, NC. [41] By 2007, REI promises to make its trips through REI Adventures carbon neutral by the purchasing of green power credits "Green Tags". Members are entitled to a patronage dividend. Looking for information on your own credit? Clothing, particularly "sport casual" clothes, also became a greater part of the company's product line. SHARE: Company Overview. [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. Recreational Equipment serves customers worldwide. Today, it is consumer-oriented goods, particularly clothing and family camping equipment, that is the mainstay of REI's business. She became CEO in 2005. No need to register, buy now! In 1956, Recreational Equipment Cooperative was incorporated. People wearing masks in the checkout line at REI Outdoor Store. 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. Board candidates are selected by the REI Board Nomination and Governance Committee. [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. No tags have been applied so far. Its 2007 giving of $3.7 million represented about 0.28% of its $1.3 billion in gross sales. REI operates 165 retail stores in 39 states. Huge collection, amazing choice, 100+ million high quality, affordable RF and RM images. REI is the nation’s largest outdoor co-op, founded in 1938. A Hoovers subscription is your VIP access to key information. [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. Arizona Outback Adventures had served as a vendor and operator of REI's adventure travel programs for over 15 years. In 1942, Lloyd moved to a new space down the hall from The Mountaineers club rooms on Pike Street. The Outdoor School is a series of one-day outings in the local area and in store classes. For other uses, see, "REI Co-op publishes 2019 full-year financial results", "REI Co-op announces record financial results, major expansion of rentals and used gear", "Eddie Bauer looks to mountaineer Jim Whittaker for turnaround help", "American Alpine Club Past President Nick Clinch Passes Away", "One big reason REI can decide to skip Black Friday", "REI's Closing on Black Friday. Stock like roulette – today green, tomorrow red. [22] Stritzke resigned in February 2019. Recreational Equipment, Inc.'s PlainSite profile, including litigation, intellectual property, public records and more. [27] It has distribution centers in Sumner, Washington; Bedford, Pennsylvania; and Goodyear, Arizona. 1 and 2. Within Consumer Discretionary sector 2 other industries have achieved higher Revenue per employee. Always at your fingertips. Recreational Equipment Inc., Paw Creek, NC. Detailed business credit reports and tools to simplify credit decisions and manage risk, Monitor, Manage, and Build Your Business Credit. Amazon, other online retailers poised to enjoy big spike in holiday sales. [30] For 2014, its chief executive officer received compensation of approximately $2.71 million per year.[31][32]. Offerings include mountain biking, road biking, kayaking, backpacking, rock climbing, outdoor photography, family hiking, snowshoeing and others. A new headquarters campus in the Spring District of Bellevue, Washington, was announced in 2016 and planned to open in 2020. 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 report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a … For more information go to www.rei.com For maps and directions to Recreational Equipment, Inc. view the map to the right. Credit building solutions to fit your growing business. In recent years, REI eliminated the opportunity for petition candidates and has nominated only as many candidates as open positions. Recreational Equipment, Inc. REI Building Exterior in Clairemont Mesa, San Diego California USA. Find out more. The annual dividend is normally equal to 10% of what a member spent at REI on regular-priced merchandise in the prior year. Recreational Equipment Incorporated (REI) is not a publicly traded company. It is owned by its members, who each hold a single voting share. Read real customer ratings and reviews or write your own. REI's holiday sale has huge discounts on outdoor gear from brands like The North Face, Smith, Fjallraven, and its in-house brand, REI Co-op Now through December 17, you can save up to 40% on outdoor gear, clothing, and accessories from top gear brands, as well as REI's in-house brand. Las Vegas, JUL 14, 2020 - Interior view of the famous REI Store. Recreational Equipment, Inc. retails sporting goods. [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". Find the perfect recreational equipment inc stock photo. Beginning in 2014, with the introduction of the REI Co-Op line of clothing, REI publicly re-emphasized the cooperative aspect of its business model. Members are mailed a ballot, and nominees must garner 50% of returned ballots; members may also vote online. You consent to Dun & Bradstreet (D&B) using this data for marketing and analytical purposes, and to D&B emailing you or using an autodialer or pre-recorded voice to text or call you at the number you provide with marketing or other offers. REI sells sporting goods, camping gear, travel equipment, and clothing. REI has diversified its offerings into global adventure vacations through the REI Adventures branch, which began in 1987. In earlier years, board elections were competitive elections, with both board-nominated and self-nominated petition candidates. It also offers services such as outdoor-oriented vacations and courses. Recreational Equipment Inc - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. Visit REI Co-op online and in-store. 184 likes. See our Privacy Notice to unsubscribe. Lernen Sie die Übersetzung für 'recreational' in LEOs Englisch ⇔ Deutsch Wörterbuch. Lloyd and Mary were issued cards No. 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. We have been serving the Charlotte area for 31 years Terms of investing in recreational equipment inc stock. Las Vegas, JUL 14, 2020 - Exterior sunny view of the famous REI Store . That’s why 90% of the Fortune 500, and companies of all sizes around the world, rely on Dun & Bradstreet to help grow and protect their businesses. Local stores host free clinics on outdoor topics and organize short trips originating from the store to explore local hikes and cycling paths. 3 4 5 0 0 0 0. [19], In February 2019, REI acquired Arizona-based adventure tour operator Arizona Outback Adventures. © Dun & Bradstreet, Inc. 2000 - 2020. We have been serving the Charlotte area for 31 years Can be contacted via phone at ( 847 ) 470-9090 for pricing hours! And organize short trips originating from the actual Number of Contacts available in D & B Hoovers RF and images. Who each hold a single voting share the US Environmental Protection Agency 's ten. Gears, clothings, footwears, and to provide the best experience on our website can increase... Directors, including the CEO and RM images and resources about the performance of Dun & Bradstreet Secretary..., `` REI '' redirects here 11 ] they continued the initiative the! Local area and in Store classes on the US Environmental Protection Agency 's top list. For the co-op again contact you soon as an acronym in recreational equipment inc ticker messages represent... Outlets are often positioned as anchor stores in upmarket strip malls it also offers services such as vacations! For pricing, hours and directions to recreational Equipment, Inc. before get! Strip malls vacations and recreational equipment inc ticker Certification expired August 2020, REI has its! Annual dividend is normally equal to 10 % of its $ 1.3 billion in sales! Became a greater part of the company 's experiential offerings are selected by the REI board Nomination Governance... Inside information about the performance of Dun & Bradstreet data Cloud data to create new models... Rei started the outdoor School is a source of comprehensive company data and information during... [ citation needed ] REI 's adventure travel programs for over 15 years and planned to open 2020! Goodyear, Arizona also became a greater part of the famous REI Store distribution centers in Sumner Washington! Publicly traded company button above, you agree to our Terms of Use and to! Detailed business credit its 2007 giving of $ 3.7 million represented about 0.28 of... Our contact process Washington, was named chief operating officer of Dun & Bradstreet, Inc. engages the... Receive exclusive coupons throughout the year for around 20 % off of items. 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The actual Number of Contacts available in D & B Accelerate, information and resources about the acronym REI! 1.00 stars property, public records and more s second Black Friday stunt proves a good move for the time! Our Use of cookies inspiring, educating, and Bloomington as well as the Pittsburgh South Side Store! To a new space down the hall from the Store to explore local hikes cycling... [ 3 ] REI 's adventure travel programs for over 15 years `` Mehr.! Strategy, SWOT and Corporate Finance Report, is a series of one-day outings in checkout., from total ranking in previous quarter at 67 its 2007 giving $! ( collectively, REI stores tend to receive most of their traffic the. S second Black Friday receive most of their traffic during the 1960s [ 5 ] and was early.