In 2018, REI made a record $2.78 billion, grew 6 percent and added more than 1 million new members, bringing the co-op’s total membership to more than 18 million. Founded as a co-op in 1934 by a group of Pacific Northwest mountaineers seeking quality equipment, REI now has more than 2 million members. The technologies that are used by Recreational Equipment are: Google Cloud Platform, Apache HTTP Server, Google Cloud Web Serving, Adobe DreamWeaver, See more information about Recreational Equipment, PO Box 647, Paw Creek, North Carolina, 28130, United States, View contact profiles from Recreational Equipment. Who are Recreational Equipment’s main competitors? The Organization’s Mission REI is dedicated to inspiring, educating and outfitting its members and the community for a … Recreational Equipment's annual revenues are over $500 million (see exact revenue data) and has over 1,000 employees. He joined GearJunkie after a 10-year stint as a newspaperman in the Caribbean, where he learned sailing and wooden-boat repair. It is classified as operating in the Sporting Goods Stores industry. Of the hundreds of products GearJunkie staff and contributors reviewed, these items stood out as some of the best. 7,624 Number of Organizations • $70.8B Total Funding Amount • 16,362 Number of Investors. March 15, 2017. The company's filing status is listed as Automatic Dissolution and its File Number is 236376. Additionally, co … West Des Moines 5901 Mills Civic Pkwy West Des Moines, IA 50266 (515) 221-1938 (515) 221-1938 You may unsubscribe at any time. Recreational Equipment’s official website is www.recreational.com. Market Size & Industry Statistics. SHARE: Company Overview. Employees say this is a great place to work. United States Fashion Companies . REI Co-op published its annual stewardship report today, announcing record 2018 financial results and significant progress toward making a positive impact on the outdoor community. As a community, we must confront the serious problems facing society,” said Eric Artz, REI interim president and CEO. We need to reverse that trend.”. Recreational Equipment Inc. (REI) ... the team developed and executed enterprise wide Omni Channel systems and processes leading to significant new revenue creation. If Recreational Equipment Inc. were a publicly traded company, it would be the toast of Wall Street. This follows a record $2.62 billion in sales in 2017. Recreational Equipment, Inc., commonly known as REI, is an American retail and outdoor recreation services corporation. Multi-Channel Programs, Recreational Equipment, Inc. Employees say: “I LOVE that REI closes on Black Friday and pays every single employee to get outside and play that day. It’s the end of 2020, and, as is our annual tradition, it's time to look back at the best gear we tested this year. It is organized as a consumers' co-operative. “The co-op will work in 2019 to make the outdoors more accessible and sustainable by significantly expanding its gear rental program and investing in used gear and gear trade-in options — in-store and online,” REI noted in a release. Within Consumer Discretionary sector 2 other industries have achieved higher Revenue per employee. Recreational Equipment was founded in 1979, and is best described as being in the business of amusement equipment and accessory rentals and sales. Find 9 listings related to Recreational Equipment Inc in Indianapolis on YP.com. In Canada, equipment rental revenue also is expected to show consistent growth, reaching $5.35 billion in 2018 with growth rates of 4.1 percent in 2019, 5 … Suburban Recreational Equipment, Inc. is a Michigan Domestic Profit Corporation filed on October 7, 1980. It also plans to expand its used gear program to keep “moving toward a sustainable and accessible outdoor future.” Peter Whitcomb, REI director of new business development, said the brand would announce more details about its used gear later this spring. Looking forward, REI plans to expand its rental and used gear initiatives for 2019. Copyright © 2004-2015 Recreational Equipment, Inc. 88%. Amazon, other online retailers poised to … Sharing in-depth conversations between the world's adventurers, athletes, and outdoorspeople, The GearJunkie Podcast is your inside look into the outdoors industry. REI today announced its 2018 annual report, revealing record profits following a remarkable winning streak that goes back 15 years. As the 81-year-old retail giant has grown, some see it causing the demise of smaller independent outdoor shops. Recreational Equipment's main competitors are: Interactive Playgrounds Inc, Woodfield Gardens, Ashley Square, Segway Fun. Recreational Equipment, Inc. (REI) Employee experience Certification expired August 2020. See reviews, photos, directions, phone numbers and more for Recreational Equipment Inc locations in Indianapolis, IN. The long streak of year-over-year revenue growth has continued since 2003. Read more…. Recreational Equipment serves customers worldwide. Based in Washington, Recreational Equipment is an industry leader with 12,000 employees and an annual revenue of $2.4B. It also returned $204 million to members through dividends and credit card rewards in 2018. E-Bike Controversy: World Cycling, Moto Racing Organizations Clash, Living the ‘Cowboy Way’: Tips From Jackson Hole Ski Patrol & Fishing Guide Curt Hamby. This statistic displays the revenue of Bombardier Recreational Products Inc. (BRP Inc.) for the financial years 2014 to 2019. Enter before February 8th for your chance to win. Plus rentals, classes, events, expert advice and more. See who else made the list. The brand will offer snowshoes, skis, snowboards, fully equipped camping and backpacking kits, and more in 115 stores across the country. At the time gift cards are sold, no revenue is recognized; rather, the Company records an accrued liability to customers. Recreational Equipment, Inc.'s PlainSite profile, including litigation, intellectual property, public records and more. Based in GearJunkie's Denver office, McCoy is an avid trail runner, camper, hunter, angler, mountain biker, skier, and beer tester. Revenue per employee total ranking has impoved so far to 62, from total ranking in previous quarter at 67. Annual Revenue --Employee Count 65; Read more…, “Today’s results show that doing good is good business. Recreational Equipment, Inc. was founded in 1938 and is based in Kent, Washington. Recreational Equipment, Inc., commonly known as REI, is an American retail and outdoor recreation services corporation. What is Recreational Equipment’s NAICS code? In 2018, REI made a record $2.78 billion, saw 6 percent revenue growth, and added more than 1 million new members, bringing the co-op’s total membership to more than 18 million. From next-gen tech to ingenious innovation, our weekly peek at emerging products examines the sometimes cutting-edge, sometimes quirky world of gear design. REI is the nation’s largest outdoor co-op, founded in 1938. As many brick-and-mortar retailers have struggled to keep up with new online competition, REI has seen record profits expand for 15 straight years. Industry Information Recreational Equipment Inc. is located in Kent, WA, United States and is part of the Wholesale Sector Industry. Read More. Like us on Facebook! It also created a video, below, on its 17 sustainability goals. Nearly half of REI's 154 stores will help pilot a sweeping expansion of gear rental and late-season markdowns for 2019 and beyond. Warrior Sports, founded in 1992 and headquartered in Warren, Michigan, is a manufacturer and retailer of lacrosse and hockey athletic equipment, footwear, and a... Read More Headquarters: It also offers services such as outdoor-oriented vacations and courses. Lists Featuring This Company. About The Company. Recreational Equipment, Inc. retails sporting goods. Editor-in-Chief Sean McCoy is a life-long outdoorsman who grew up hunting and fishing central Wisconsin forests and lakes. West Coast Female Founded Companies . Our key stren... Read More, Absolutely Amazing Recreational Equipment. Visit REI Co-op online and in-store. Recent news which mentions Recreational Equipment Inc/ REI’s second Black Friday stunt proves a good move for the co-op again. Revenue per Employee Comment: Revenue per employee grew on trailing twelve months basis to 482,823 $, above Recreational Products Industry average. Recreational Equipment, Inc. (REI), a national retail cooperative providing quality outdoor gear and clothing, today announced plans to open a store in Ann Arbor, Mich. at Cranbrook Village this spring. Recreational Equipment is in the industry of: Recreation, Hospitality. 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. REI’s Stewardship Report, released today, expands on the brand’s efforts to do good. What is Recreational Equipment’s phone number? Track . CLAIM THIS BUSINESS. Outdoor Programs & Outreach Market Coordinato... Where are Recreational Equipment’s headquarters? And it did this while not opening its doors on Black Friday (a 3-year tradition it calls #OptOutside) and donating $8.4 million to 431 nonprofits. That news underscores REI’s message today that a brand can thrive while still “making a positive impact on the outdoor community.” Of course, REI’s success hasn’t boded well for everyone. Even through significant financial contractions of the Great Recession of the late 2000s and early 2010s, REI’s business expanded. By signing up, you agree to receive emails from GearJunkie and Helux. Find related and similar companies as … The Company sells gears, clothings, footwears, and other outdoor recreational products . Recreational Equipment’s headquarters are in PO Box 647, Paw Creek, North Carolina, 28130, United States. Tags Recreational Equipment Inc/ National Park Service Technology. What is Recreational Equipment's tech stack? The Registered Agent on file for this company is Hayse Keeling … NordicTrack wants to give you $7,500 toward your dream adventure. In 2018, REI made a record $2.78 billion, saw 6 percent revenue growth, and added more than 1 million new members, bringing the co-op’s total membership to more than 18 million. Top-brand gear, clothing—and outdoor adventures! n Challenge Maximize revenue across store and Internet channels and provide cus-tomers with a more rewarding shopping experience n Solution Recreational Equipment, Inc. (REI) was ranked 69 in Fortune’s annual Best Companies to Work For in 2014. What is Recreational Equipment’s official website? REI's annual Black Friday shutdown will also launch a custom search engine sharing fans' adventures. Canadean's Recreational Equipment, Inc.: Retailing - Company Profile & SWOT Analysis contains in depth information and data about the company and its operations. RECREATIONAL EQUIPMENT, INC. Notes to Consolidated Financial Statements December 28, 2019 and December 29, 2018 11 (Continued) The Company offers no-fee, non-expiring gift cards to its customers. The total U.S. industry market size for Recreational Goods Rental: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size. We asked five pros how they made it work and what it takes to make a living in the outdoor industry "in real life.". Recreational Equipment Inc. has 2 total employees across all of its locations and generates $302,979 in sales (USD). As a purpose-driven health and wellness focused company, everything at PlayCore starts with research. View Recreational Equipment (www.recreational.com) location in North Carolina, United States , revenue, industry and description. What is Recreational Equipment’s industry? Recreational Equipment Inc is a large-sized business with high revenue, that is well-established in its industry. Recreational Equipment’s phone number is (704) 394-9596. REI sells sporting goods, camping gear, travel equipment, and clothing. We have a strong foundation, but we must do more. Recreational Equipment's Annual Report & Profile shows critical firmographic facts: What is the company's size? From Business Journals. “Most of the U.S. population is disconnected from nature, spending more time inside than outdoors. © Copyright 2020 GearJunkie, All Rights Reserved, Watch Now: X Games Skiers Hit the Backcountry, Free Gear Fridays: Sawyer Tap Water Filtration System Giveaway, Burglars Break Into Specialized HQ, Steal $160K in Collector Bicycles, Living the 'Cowboy Way': Tips From Jackson Hole Ski Patrol & Fishing Guide Curt Hamby, Female Freeski Collab: 10 Pro Rippers Dominate in 'Skivas', On-Sight Without Sight: Blind Climber Sends Extreme 'Forked Lightning' Crack, Recon Mission: Pro Skiers Seek New Routes in Cascades, Backcountry Education, Safety Are More Important Than Ever: 'Solving for Z' Explains Why, Last-Minute Gifts: Up to 40% Off Gear During REI's Sale, The Bestselling Gear at Competitive Cyclist This Week. "Recreational Equipment Inc" of Kent, WA 98032 operates primarily in SIC Code 5941 - Sporting Goods Stores and Bicycle Shops and NAICS Code 451110 - Sporting Goods Stores. Through that learning, we offer accredited professional development, and develop a wide selection of products to build complete play and recreation environments where people of all ages, abilities, and interests can live active, healthy lifestyles. the financial position of Recreational Equipment, Inc. and its subsidiaries as of December 30, 2017 and December 31, 2016, and the results of their operations and their cash flows for the 52-week periods ended December 30, 2017 and December 31, 2016, in accordance with U.S. generally accepted accounting principles. Recreational Equipment, Inc. R. Recreational Equipment, Inc. , sometimes quirky world of gear design Ashley Square, Segway Fun are sold, revenue! ” said Eric Artz, REI has seen record profits expand for 15 straight years 2000s early. 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