REI primarily
sells high quality name brand equipment at competitive prices
. They provide a 10% annual dividend / rebate on regular price items. They also have a return policy that allows you to actually use the items in real life and if it doesn't work like you want you can return it for refund or replacement.
Is REI a rip off?
Kent, WA – A company falsely identifying itself as REI (Recreational Equipment Inc.) recently launched a scam sweepstakes claiming that individuals have won a “Consumer Promotion Drawing.” The company and promotion are
not associated
with REI in any way and the check included in the mailing is counterfeit.
Is REI a good company to buy from?
REI has a consumer rating of 3.45 stars from 169 reviews indicating that
most customers are generally satisfied with their purchases
. REI ranks 140th among Outdoor Equipment sites.
What makes REI stand out?
REI and other specialty retailers have the unique ability to focus their efforts on catering to a niche group of consumers. Unlike mass merchants, they can focus on
boosting the quality of a smaller selection of products
and price is less of a cut-throat battle among competitors.
Are REI clothes good quality?
As we said, affordability is one of REI Co-Op's best selling points. To be sure, it's pricier than the sort of bargain-basement off-brand gear you might find at, say, Walmart, but often less than more recognizable brands. However,
the quality is surprisingly on-par or better than many of those brands
.
Is REI better than LL Bean?
REI wins a trophy for Perks & Benefits
, barely beating LL Bean's score. Bass Pro Shops and – especially D-rated Cabela's and Dick's need to work on their benefits packages if they want more serious employee commitment.
Is REI actually a coop?
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.
What does REI do with profits?
Each year, REI returns about 70% of its profits back to the outdoor community,
supporting employee retirement
, helping fund trail work, returning dividends to members and supporting nonprofits that help get people outside.
Why is REI so successful?
In many ways, REI is a unique retailer. The outdoor co-op closes on Black Friday, pays dividends to its 18 million member-owners, gives more than 70% of its profits back to the outdoor community, is focusing more on
selling used
rather than brand-new products, and isn't afraid to get political.
What is the culture of REI?
“REI's culture is built around the idea that
a life outdoors is a life well lived
, and our teams bring that to life every day for our millions of members in the communities across the country.” REI is a purpose-led organization that prioritizes stewardship of the outdoors.
Why is REI called a coop?
A cooperative, roughly defined, is a
business that's owned not by shareholders
but by members—people who use the business, such as its shoppers, producers or employees. … REI is a consumer co-op, and the largest in the country. Like some credit unions and food co-ops, its membership base is composed of its customers.
Who is Reis target?
Reiss caters for man and woman. The customer is likely to be a business person, with a high disposable income. They live in the city; London, New York, Dubai; aged between 25 and 45. The sub brand Reiss 1971 targets a
younger age of men and women in their 20s
, at a slightly lower price range.
Who is REI biggest competitor?
REI competitors include
The North Face
, Patagonia, DICK'S Sporting Goods, Big 5 Sporting Goods Corporation and Matador Resources Company.
Are REI brand jackets good?
The REI Down Jacket is a
decent budget
choice for those who want responsibly sourced down, bluesign approved fabric, and a lightweight puffy in a wide range of colors. None of its features or warmth will blow you away, but for the price it's a very capable, versatile jacket.
Where is REI clothing manufactured?
labeling on REI's products made in
China
| REI Conversations.
Is LL Bean a coop?
In addition to the community they create for their
co-op
members, they're also passionate about giving back to the environment.
How much does the CEO of REI make?
REI's chief executive earns
$3.15M
for 2016.
Is REI a robot Evangelion?
In the final volume, Rei is revealed to be a clone of Yui Ikari, meant to take her place in the Tree of Yggdrasil, an artifact that keeps reality from collapsing. After befriending Shinji, she chooses not to go along with Gendo's plans, resulting in him angrily shooting her.
Can you buy stock in REI?
Shares of REI can
be purchased through any online brokerage account
. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
How much does REI make?
In 2019, the company reported
$3.1 billion in revenue and $21 million in net income
. Once REI reopened and demand for all things outdoor soared, many new customers discovered the retailer.
Did REI make a profit last year?
The co
-op reported no profits in 2020
but ended the year in a strong cash position and debt-free, after investing millions in its impact work: combatting the climate crisis, fighting for racial equity and supporting its network of nonprofit partners.
What percentage does REI return?
5% back
applies to REI net purchases including full price and discount items, REI gift cards, services, fees and REI adventure travel-invoiced trip payments.
Why did REI fail in Japan?
A spokesman for REI, Michael Collins, blamed two important factors on the failure of REI Japan:
interest in outdoor gear had waned in Japan
, and the shopping mall was too far outside of Tokyo. Plus, the costs of building the new store were high, making the cost of doing business difficult.
Who is the CEO of REI?
Eric Artz
is REI's president and CEO. When he's not at the co-op he can most often be found with his family traveling the trails of the Cascade Mountain range.
How many REI members are there?
Today the REI community has
20 million lifetime members
, nearly 15,000 employees and 168 locations in 39 states and the District of Columbia.
What does REI pay per hour?
Job TitleSalaryRetail Sales Specialist salaries – 94 salaries reported
$15/hr
Sales Specialist salaries – 72 salaries reported$14/hrCustomer Service Representative salaries – 67 salaries reported$14/hrSales Associate salaries – 64 salaries reported$15/hr
Why should I work at REI?
It's
a great place to work
, good benifits (if you are given them), amazing discounts, overall working to just work there is great. If you have ambitions, Be friendly as possible (best friends level) be a “go getter” for management as much as you can.
