What type of co-op is REI?

consumer co-op
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.

What does it mean that REI is a co-op?

That’s led many to wonder how outdoor specialty retailer Recreational Equipment Inc. 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.

Is REI Co-op the same as REI?

REI Co-Op is REI’s own brand of outdoor gear.

How does REI cooperative work?

The REI Co-op has a modest price of admission: A lifetime membership is just $20. And as long as you spend at least $10 a year on qualifying purchases, you’ll earn 10 percent back in annual dividends, plus you’ll get access to member-only discounts during special in-store events, and in some cases, free shipping.

Is REI Co op publicly traded?

One more caveat: REI is a co-op, and the companies on the OBJ Outdoor Index are publicly traded corporations that focus primarily—though not exclusively—on the value returned to shareholders.

Is REI Co op sustainable?

REI’s environment rating is ‘not good enough’. It uses some eco-friendly materials including recycled materials. There is no evidence it reduces its carbon and other greenhouse gas emissions in its supply chain. Some of its supply chain is certified by Fair Trade USA in the final stage of production.

Is REI privately owned?

REI has a member owned co-operative headquartered in Kent, Washington. It is owned by its members, who each hold a single voting share. Members are entitled to a patronage dividend.

Is REI Co-op publicly traded?

Is REI Co-op sustainable?

Is REI a worker co-op?

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.

Can I 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.

Is REI Co-op fair trade?

Community development and empowerment: When a brand like REI Co-op partners with a factory to produce Fair Trade products, we pay a premium for every item that carries the Fair Trade seal. This is truly what makes Fair Trade unique.