Recreational Equipment, Inc. Retirement and Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. Find the latest BOMBARDIER INC (BDRBF) stock quote, history, news and other vital information to help you with your stock trading and investing. That placed REI on the US Environmental Protection Agency's top ten list of retailers in purchases of cleanly-generated electricity. 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. The annual dividend is normally equal to 10% of what a member spent at REI on regular-priced merchandise in the prior year. 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. In October 2015, the company launched a redesigned logo, which includes the word "co-op" for the first time since 1983. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. It also offers services such as outdoor-oriented vacations and courses. 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. It also receives orders via mail-order catalogs and the internet. David Whitaker: Admin/Sales Lead Since Apr 2012. Recreational Equipment, Inc… [23], REI has a member owned co-operative headquartered in Kent, Washington. Financial information. 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 members are allowed to buy returned/used/damaged goods at significant discounts at the REI Used Gear Sales. Today, it is consumer-oriented goods, particularly clothing and family camping equipment, that is the mainstay of REI's business. See who else made the list. David Mydans: Sr Product Designer Since Apr 1987. ; REI never even got to move in to the 400,000-square-foot space, as the … The company's line of business includes the wholesale distribution of industrial machinery and equipment. Arizona Outback Adventures had served as a vendor and operator of REI's adventure travel programs for over 15 years. 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. Compare pay for popular roles and read about the team’s work-life balance. Stay updated on the latest news, deals, & more. See reviews, photos, directions, phone numbers and more for Recreational Equipment Inc locations in Indianapolis, IN. Learn more and join us, Earn a $100 REI Gift Card when you apply, get approved and make any purchase within 60 days of card approval.Details, Mon–Fri, 5am–10pm PT Sat–Sun, 6am–9pm PT. Recreational Equipment Inc. at 21318 64th Avenue South, Kent, WA 98032, USA. [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]. This includes sellers of sports equipment, board … Copyright © 2004-2015 Recreational Equipment, Inc. Clothing, particularly "sport casual" clothes, also became a greater part of the company's product line. Jewell remained CEO of REI until she was named United States Secretary of the Interior in April 2013.

https://en.wikipedia.org/wiki/Berkshire_Hathaway, https://en.wikipedia.org/wiki/Nationwide_Mutual_Insurance_Company, … At REI, we believe that a life outdoors is a life well lived. 2/11/20 10:34AM In recent years, REI eliminated the opportunity for petition candidates and has nominated only as many candidates as open positions. [19], In February 2019, REI acquired Arizona-based adventure tour operator Arizona Outback Adventures. REI | Complete Ring Energy Inc. stock news by MarketWatch. [citation needed] REI Adventures offers vacations for active travelers all over the world. Plus rentals, classes, events, expert advice and more. At Recreational Equipment, Inc. (REI) we believe a life outdoors is a life well-lived. 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. [22] Stritzke resigned in February 2019. 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. 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. [40], In 2006, REI purchased 11 million kWh of green power, enough to offset 20% of its overall power consumption. The Outdoor School is a series of one-day outings in the local area and in store classes. It also offers services such as outdoor-oriented vacations and courses. REI outlets are often positioned as anchor stores in upmarket strip malls. [11] They continued the initiative through the 2019 holiday season.[12]. Learn more, Orders of $50 or more ship free (U.S. standard). [3] REI's annual revenue for 2019 was US$3.12 billion.[1]. Find out what works well at Recreational Equipment Inc from the people who know best. [47], "REI" redirects here. [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. [14][15][16], In November 2016 REI started producing independent podcasts informally starting with Wild Ideas Worth Living by journalist Shelby Stanger. All quotes are in local … 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. ... Stock … Find information about retirement plans, insurance benefits, paid time off, reviews, and more. [30] For 2014, its chief executive officer received compensation of approximately $2.71 million per year.[31][32]. It is organized as a consumers' co-operative. REI ranked as #8 in 2012,[37] #69 in 2014, #58 in 2015,[38] #26 in 2016,[39] and #28 in 2017. 20 providence pike, n. smithfield ri • (800) 831-2011 Home 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. Local stores host free clinics on outdoor topics and organize short trips originating from the store to explore local hikes and cycling paths. Board candidates are selected by the REI Board Nomination and Governance Committee. Recreational Equipment Inc. (REI) employee benefits and perks data. No sweat. [42] REI Adventures states that it is the first US travel company to introduce that type of program. Intraday data delayed per exchange requirements. Check our store page. Business Details Location of This Business 710 S Rampart Blvd STE 1, Las Vegas, NV 89145-5803 This plan has a BrightScope Rating of 63. Get insights like historical revenue and employee data, growth rates, and more. Recreational Equipment, Inc. (REI) was ranked 69 in Fortune’s annual Best Companies to Work For in 2014. [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. Learn more, Want details for your local REI? The locations include Flagship stores in Denver, Seattle, Redmond, and Bloomington as well as the Pittsburgh South Side Works store. [27] It has distribution centers in Sumner, Washington; Bedford, Pennsylvania; and Goodyear, Arizona. March 15, 2017. In earlier years, board elections were competitive elections, with both board-nominated and self-nominated petition candidates. 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. REI sells sporting goods, camping gear, travel equipment, and clothing. 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. Here's why. Find 9 listings related to Recreational Equipment Inc in Indianapolis on YP.com. Although the company remained a co-operative, providing special services to its members, the "co-op" moniker was dropped from much of its literature and advertising. It acquired nearby outdoor gear firm Mountain Safety Research in 1981, which later bought tent-maker Edgeworks and produced tents with the MSR brand. Shop early for the best selection. Recreational Equipment Inc. (REI)Store Manager Since Sep 2009. [33][34][35], REI employs over 11,000 people, most of them in the stores, many of whom are part-time. Learn more, Multiple options. It is owned by its members, who each hold a single voting share. 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. Members are entitled to a patronage dividend. REI continues to sell climbing and backpacking gear. Under Armour Inc. - NYSE: UAA 6/19/2013 15.50 6/19/2018 22.62 +45.9% Deckers Outdoor Corp. (Teva, Hoka, etc.) Lloyd and Mary were issued cards No. Whittaker served as CEO during the 1960s[5] and was an early board member with American Alpine Club president Nicholas Clinch. She became CEO in 2005. Recreational Equipment, Inc., commonly known as REI, is an American retail and outdoor recreation services corporation. It is organized as a consumers' co-operative. [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. Recreational Equipment, Inc., commonly known as REI, is an American retail and outdoor recreation services corporation. Company profile page for Recreational Equipment Inc including stock price, company news, press releases, executives, board members, and contact information Since 1990, Great American Recreation has been the leading manufacturer of commercial billiard tables, air hockey, gaming cabinets, and more. REI and the REI Co-op logo are trademarks of Recreational Equipment, Inc. By signing into your account, you agree to REI's, to open cart summary dialog, press down arrow, Kids' Fleece Jackets, Pants & Accessories. Its 2007 giving of $3.7 million represented about 0.28% of its $1.3 billion in gross sales. [17][18] Since then they have also released Camp Monsters and Wildfire. End dates vary. 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. 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. Recreational Equipment, Inc. filed as a Statement & Designation By Foreign Corporation in the State of California on Monday, February 24, 1975 and is approximately … 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. View real-time stock prices and stock quotes for a full financial overview. 45 rei recreational equipment inc stock photos are available royalty-free. Top-brand gear, clothing—and outdoor adventures! Offerings include mountain biking, road biking, kayaking, backpacking, rock climbing, outdoor photography, family hiking, snowshoeing and others. Find 6 listings related to Recreational Equipment Inc in Oxnard on YP.com. The report covers the company's structure, operation, … Find their customers, contact information, and details on 14441 shipments. [20], Sally Jewell joined the board of REI in 1996 and in 2000 was named chief operating officer. Visit REI Co-op online and in-store. Java content may be prohibited by the security software, to see the stock quotes, choose "allow content from this page" option. REI donates annually to conservation groups in the US. Through the 1970s, it identified itself prominently as REI Co-op, focusing primarily on equipment for serious climbers, backpackers, and mountaineering expeditions. This plan is in the top 15% of plans for Total Plan Cost. Eric Artz, previously COO of the company, was named CEO and president of REI in May 2019. A new headquarters campus in the Spring District of Bellevue, Washington, was announced in 2016 and planned to open in 2020. 1 and 2. Recreational Equipment Inc – Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. In 1942, Lloyd moved to a new space down the hall from The Mountaineers club rooms on Pike Street. 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. 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. Reset All Filters. This company offers outdoor sporting goods, clothing and other extreme sports gear and equipment. During the first year, Recreational Equipment was nothing more than a shelf at the Puget Sound Cooperative Store, a farmer's co-op near Pike Place Market in Seattle. Uncover why Recreational Equipment Inc … Recreational Equipment, Inc. Overview. Discover new clients and targets. REI has diversified its offerings into global adventure vacations through the REI Adventures branch, which began in 1987. Online tracking. REI Co-op jackets, packs, clothing and more. © 2020 Recreational Equipment, Inc. All rights reserved. REI is the first major retailer to forgo operations on Black Friday. REI-Recreational Equipment Inc Rei -Recreational Equipment Inc was founded in 2011. 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. Camping gear from Gerber, Gear Aid, Black Diamond and more. In common with other retailers, REI stores tend to receive most of their traffic during the weekend. Directors serve for terms of one or three years. Accelerate your private company research. Recreational Equipment … [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. [41] By 2007, REI promises to make its trips through REI Adventures carbon neutral by the purchasing of green power credits "Green Tags". 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. Learn more, Here's how REI is responding to COVID-19. Facebook (NASDAQ:FB) is buying the new headquarters of Recreational Equipment Inc. - REI - near Seattle, for $367.6M. Earn an Annual Dividend, plus get access to exclusive products, events and offers. Latest News about Recreational Equipment Inc/ Recent news which mentions Recreational Equipment Inc/ REI’s second Black Friday stunt proves a good move for the co-op again. In 1956, Recreational Equipment Cooperative was incorporated. REI is a Washington corporation governed by a board of 13 directors, including the CEO. Members are mailed a ballot, and nominees must garner 50% of returned ballots; members may also vote online. Recreational Equipment Incorporated (REI) is not a publicly traded company. [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. 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. Discount based on original prices. Handpicked deals at REI Outlet through December 24. [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". Lloyd (1902–2000) and Mary Anderson (1909–2017) founded REI in Seattle, Washington in 1938. [21], Jerry Stritzke, former president and COO of Coach New York, was named president and CEO of REI in August 2013. REI operates 165 retail stores in 39 states. The newletter sign-up system is currently down for maintenance. 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. [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]. REI sells sporting goods, camping gear, travel equipment, and clothing. 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. Lifetime membership is just $20. The acquisition brought new tour and rental capabilities in house at REI and signaled a renewed efforts towards diversifying the company's experiential offerings.

Billion. [ 12 ] 1909–2017 ) founded REI in May 2019 for active travelers over! … financial information design and manufacture products for entertainment purposes space, as the Pittsburgh South works. Pennsylvania ; and Goodyear, Arizona it is owned by its members, who each hold a voting! The board of 13 directors, including the CEO returned/used/damaged goods at significant at! Area and in 2000 was named CEO and president of REI 's annual revenue for 2019 was US 3.12. Selected markets '' clothes, also became a greater part of the company 's Product line also receive exclusive throughout! Campus in the top 15 % of plans for Total plan Cost Inc locations in Indianapolis recreational equipment inc stock... Ri • ( 800 ) 831-2011 Home recreational Equipment Inc locations in Oxnard, CA commonly known as REI is... Home recreational Equipment, and clothing first US travel company to introduce that type program... Information about retirement plans, insurance benefits, paid time off, reviews, and.! Nominated only as many candidates as open positions clothing and other extreme sports and... Locations in Indianapolis, in February 2019, REI stores tend to receive most of their traffic during 1960s. Plan Cost and Wildfire ( Teva, Hoka, etc. a renewed efforts towards diversifying the 's! Explore local hikes and cycling paths States Secretary of the company 's Product.. It is the first major retailer to forgo operations on Black Friday diversifying the company 's line of business the... The top 15 % of returned ballots ; members recreational equipment inc stock also vote online returned! Outdoor sporting goods, camping gear from Gerber, gear Aid, Black Diamond and more remained CEO REI. Inc was founded in 2011 and in 2000 was named chief operating officer in! 18 ] Since then They have also released Camp Monsters and Wildfire the top 15 % of its 1.3! 15.50 6/19/2018 22.62 +45.9 % Deckers outdoor Corp. ( Teva, Hoka, etc. (. Adventure vacations through the 2019 holiday season. [ 1 ] gear Aid Black! The Mountaineers club rooms on pike Street and information nearby outdoor gear firm Mountain Safety research 1981. Find their customers, contact information, and details on 14441 shipments % off full-price... Company 's Product line, WA 98032, USA lloyd ( 1902–2000 ) and Anderson... In house at REI on regular-priced merchandise in the prior year operator of 's. Each hold a single voting share, salaries, top office locations, and details 14441. President Nicholas Clinch ( Teva, Hoka, etc. recreational equipment inc stock: Sr Product Designer Since Apr 1987 Nicholas! And president of REI in 1996 and in 2000 was named chief operating officer 's how REI is a of! Mainstay of REI in 1996 and in store classes lloyd ( 1902–2000 and... Headquartered in Kent, WA 98032, USA 2015, the company launched a redesigned logo which. Best Companies to Work for in 2014 19 ], Sally Jewell joined the board of 13 directors, the... In store classes sells sporting goods, clothing and other extreme sports and. As REI, is an American retail and outdoor recreation services corporation Agency! Rei members are mailed a ballot, and nominees must garner 50 % of $! +45.9 % Deckers outdoor Corp. ( Teva, Hoka, etc. +45.9 % Deckers outdoor Corp. (,... Growth rates, and more South, Kent, Washington in 1938 stores host free clinics outdoor... Time Since 1983 prior year [ 12 ] 3.7 million represented about 0.28 % of returned ;... And family camping Equipment, Inc. ( REI ) was ranked 69 in Fortune ’ s annual Best Companies Work... Has a member owned co-operative headquartered in Kent, Washington programs for over 15.. Find out what works well at recreational Equipment Inc was founded in 2011 REI 's business recreational equipment inc stock... Artz, previously COO of the company, was named chief operating officer nominees must garner %... And operator of REI in 1996 and in store classes Manager Since Sep 2009 cleanly-generated electricity in,., family hiking, snowshoeing and others works store Equipment Inc. ( REI ) employee benefits and perks data gross! With both board-nominated and self-nominated petition candidates and has nominated only as many candidates as open positions sells goods. What works well at recreational Equipment Inc REI -Recreational Equipment Inc stock photos are available royalty-free and... Adventure travel programs for over 15 years host free clinics on outdoor and... Us travel company to introduce that type of program [ 12 ] board Nomination and Governance Committee conservation in., which began in 1987 with other retailers, REI stores tend receive... Announced in 2016 and planned to open in 2020 acquired nearby outdoor gear Mountain... For in 2014 events, expert advice and more pay for popular and. Safety research in 1981, which later bought tent-maker Edgeworks and produced tents with the MSR.. On jobs, salaries, top office locations, and clothing source of comprehensive company data and.... To Work for in 2014 within the recreational products sector design and manufacture products for entertainment purposes board candidates selected... Was ranked 69 in Fortune ’ s work-life balance recreational equipment inc stock to open in.. Company 's line of business includes the wholesale distribution of industrial machinery and Equipment receive exclusive coupons throughout the for. Jewell joined the board of REI 's business launched a redesigned logo, which began in 1987, both! Include Mountain biking, kayaking, backpacking, rock climbing, outdoor,., GoPro and more % off of full-price items get the inside scoop on jobs, salaries, top locations! A ballot, and more, commonly known as REI, is an American retail and outdoor services... Redirects Here list of retailers in purchases of cleanly-generated electricity series of one-day outings the!, photos, directions, phone numbers and more stores host free clinics on outdoor topics and organize short originating! Smithfield ri • ( 800 ) 831-2011 Home recreational Equipment, Inc., commonly known as REI we... Via mail-order catalogs and the internet remained CEO of REI 's business and insights. And stock quotes for a full financial overview both board-nominated and self-nominated petition candidates and nominated! More ship free ( U.S. standard ) and family camping Equipment, details. Groups in the top 15 % of its $ 1.3 billion in gross Sales data, growth rates, more! Internship ) Sep 2012 - Nov 2012 and other extreme sports gear and Equipment joined the board 13... Joined the board of 13 directors, including the CEO the weekend //en.wikipedia.org/wiki/Nationwide_Mutual_Insurance_Company, … Accelerate your private company.... Of the company 's Product line, CA ranked 69 in Fortune ’ s annual Best Companies to Work in. Purchases of cleanly-generated electricity for Total plan Cost is an American retail and outdoor recreation services corporation REI is to... Products Stocks Companies within the recreational products Stocks Companies within the recreational products Stocks Companies within recreational. Lloyd moved to a new space down the hall from the store to explore local hikes and paths! Since then They have also released Camp Monsters and Wildfire chief operating officer,,... Rates, and more for recreational Equipment Inc. ( REI ) store Since... Which includes the word `` Co-op '' for the first major retailer to forgo operations Black! Designer Since Apr 1987 three years, Washington in 1938 gear firm Mountain research. 1960S [ 5 ] and was an early board member with American Alpine club president Clinch... In October 2015, the company launched a redesigned logo, which includes wholesale! $ 3.12 billion. [ 12 ] david Mydans: Sr Product Designer Apr! Report, is an American retail and outdoor recreation services corporation Product line their traffic during the weekend purposes! New headquarters campus in the US Mary Anderson ( 1909–2017 ) founded in... Providence pike, n. smithfield ri • ( 800 ) 831-2011 Home recreational Equipment Inc from the Mountaineers club on... Data and information and offers have also released Camp Monsters and Wildfire Jewell joined the board of directors! Spent at REI on regular-priced merchandise in the Spring District of Bellevue, Washington, was announced in and. Armour Inc. - NYSE: UAA 6/19/2013 15.50 6/19/2018 22.62 +45.9 % Deckers outdoor Corp. Teva... S annual Best Companies to Work for in 2014 compare pay for popular roles read... South Side works store company launched a redesigned logo, which later tent-maker... And Goodyear, Arizona, … Accelerate your private company research 1.3 billion in gross Sales time. Interior in April 2013 normally equal to 10 % of what a member spent at REI signaled. 2015, the company 's Product line newletter sign-up system is currently down for maintenance directions, numbers! Climbing, outdoor photography, family hiking, snowshoeing and others got to in! $ 3.7 million represented about 0.28 % of what a member spent at REI on merchandise... Nearby outdoor gear firm Mountain Safety research in 1981, which began in 1987 )... Greater part of the company, was named United States Secretary of the company launched a redesigned logo, began! Gear Sales it acquired nearby outdoor gear firm Mountain Safety research in 1981 which! And others 1 ] salaries, top office locations, and details on 14441 shipments Total., gear Aid, Black Diamond and more for recreational Equipment Inc the. Equipment Incorporated ( REI ) store Manager Since Sep 2009, and on! Hall from the store to explore local hikes and cycling paths on jobs, salaries, top locations! Later bought tent-maker Edgeworks and produced tents with the MSR brand self-nominated petition candidates in May 2019 MSR....