Company Profile for Recreational Equipment, Inc. – REI
Recreational Equipment, Inc. (REI), the nation’s leading retailer of quality outdoor gear and clothing, was founded in 1938 as a consumer cooperative by a group of Pacific Northwest mountaineers seeking quality climbing equipment.
While anyone may shop at REI, members pay a one-time $15 fee and receive a share in the company’s profits through an annual patronage refund based on their purchases.
A portion of REI’s profit is set aside each year for support of conservation and recreation causes. REI has given more than $9 million since 1976 to such efforts around the nation. In 2002, REI awarded more than $1 million for conservation, outdoor recreation and environmental stewardship projects.
As of March 2003 REI operates 65 retail stores in 24 states; two online stores, REI.com and REI-OUTLET.com; and an adventure travel company, REI Adventures.
Company: Recreational Equipment, Inc. (REI)
Headquarters Address: 6750 S. 228th St.
Kent, Washington 98003
Main Telephone: 253/395-3780
Type of Organization: Cooperative
Industry: Retail: Specialty
Key Executives: CEO: Dennis Madsen
COO: Sally Jewell
CFO: Brad Johnson
Contact: Randy Hurlow
Contact: Lora Flewelling
COPYRIGHT 2003 Business Wire
COPYRIGHT 2003 Gale Group