From: AZcachemeister <>
REI is a Co-operative.
As such, the members are the 'owners'.
I have been a member since I was 15, which is 37 years of satisfaction.
As a part owner, I take exception to being called a 'ripoff'!
Now, now, now stevey... :)
The ripoff thing was partly a joke... although I do find REI to be much more
expensive than other places. I dont think I have ever bought something from
REI... but have gone in there looking for something many times. I just
always end up finding what I am looking for cheaper elsewhere! So no, they
arent a ripoff, just more expensive than some other places! But that is
understandable, since they have to pay all their members off every year! :)
LOL
One of the things to be kept in mind when shopping at REI , is that members
get approximately 10% of their total purchases returned to them in their
yearly dividend. Basically any money left over, after operational expenses
are covered, is returned to the members. This fact, combined with the wide
selection and liberal return policy, pretty much squashes the ripoff
theory!
That is actually pretty cool. 10 percent can add up if you purchase a GPS
unit or two and some camping gear from time to time. That could amount to a
couple hundred bucks at the end of the year!
Too bad they don't carry balloon envelopes, you could be getting a $200
dividend, Scott!
Lets see, 10 percent of $18,000.... I hope they give me more than
$200!!!!!!!! :))
Scott
Team Ropingthewind
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