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      • The answer to all these questions may have something to do with the company’s business structure: REI is a retail cooperative, meaning it’s owned by its members.
      www.theatlantic.com › business › archive

      How REI’s Co-op Retail Model Helps Its Bottom Line

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  3. www.rei.com › about-rei › financial-informationFinancial Information | REI Co-op

    Here, you can find information about the co-op’s annual financial results, including the most recent audited financial report. More in-depth information is available at the following links: 2023 Financials Press Release. 2023 Audited Financial Statements. 2023 Executive Compensation.

  4. www.rei.com › newsroom › articleREI Releases 2022 Impact Report and Financials, Distributes ...

    • Investing in The Employee Experience
    • Convening A Network of Advocates
    • Building An Inclusive Outdoor Industry
    • Fighting The Climate Crisis
    • 2022 by The Numbers

    In 2022, REI focused on investing in the employee experience. Often cited as a top place to work, the co-op remained committed to competitive pay and introduced new industry-leading benefits. In 2022, REI put an additional $50 million toward pay raises for hourly employees and delivered another $92 million toward employee retirement and bonuses. Co...

    See full list on rei.com

    Through direct advocacy programs like the Cooperative Action Network and advocacy alongside partners, REI embraced the power of its community to take action in 2022. REI welcomed 1.3 million members in 2022, bringing its total member count to 23 million lifetime members. As REI works toward its goal of growing to a 50-million-member community, the ...

    See full list on rei.com

    REI is taking a holistic approach to working together with employees, members, industry, and community partners to equip and inspire every person with what they need to find joy and meaning outdoors. One way the co-op is working toward that goal is by embedding inclusive, community-centered design practices into processes across the enterprise. The...

    See full list on rei.com

    In 2022, REI celebrated a decade of powering its operations with 100% renewable electricity. With this milestone, the co-op made a groundbreaking commitmentto source locally generated renewable energy for all 181 of its stores. With this new commitment, REI aims to make local renewable energy accessible to more people and organizations, helping cut...

    See full list on rei.com

    $3.85 billion in revenue
    Invested $92.3 million in employee retirement and performance incentives
    Distributed $223.7 million to members through Co-op Member Reward
    Invested $6.9 million in more than 503 nonprofit partners

    See full list on rei.com

  5. www.bloomberg.com › profile › companyRecreational Equipment Inc - Company Profile and News

    REI serves customers worldwide. Company profile page for Recreational Equipment Inc including stock price, company news, executives, board members, and contact information.

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  7. www.prnewswire.com › news-releases › rei-releasesREI Releases 2022 Impact Report and Financials, Distributes ...

    Apr 19, 2023 · SEATTLE, April 19, 2023 /PRNewswire/ -- REI today released its 2022 Impact Report and financials results, closing the year with a record $3.85 billion in sales. The co-op ended the year with a ...

  8. gearjunkie.com › news › rei-2021-financial-reportREI Releases Financials; Soaring Revenue Reflects Industry ...

    Apr 14, 2022 · REI’s financial report for 2021 is a clear sign of growing interest in the outdoors. In documents released April 12, REI Co-op reported that it made $3.7 billion in revenue in 2021. That’s a ...

  9. footwearnews.com › business › retailREI Co-op Hits $3.7 Billion in Sales in 2021 ... - Footwear News

    Apr 12, 2022 · By Shoshy Ciment. @Shoshanaciment. The REI flagship store in Washington, D.C. CREDIT: Courtesy of REI Co-op. REI Co-op today announced that it hit $3.7 billion in sales in 2021, marking an...

  10. www.theatlantic.com › business › archiveHow REI’s Co-op Retail Model Helps Its Bottom Line

    Mar 21, 2017 · The answer to all these questions may have something to do with the company’s business structure: REI is a retail cooperative, meaning it’s owned by its members.

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