REI expands reach with third distribution centre
07/05/2015
REI is the US’s largest consumer co-op, with 5.5 million members and 140 stores.
Rick Bingle, REI’s vice president of supply chain, said: “The distribution centre will enable us to focus on the needs of customers by moving our gear and apparel more quickly and efficiently.”
REI returned a record $168 million to its members through its annual dividend earlier this year.
It welcomed 945,000 members and opened seven stores in 2014; the new distribution centre will serve 40 of these.
“Staying true to the co-op’s values, the facility is being designed and constructed with sustainability and community at the forefront,” added Mr Bingle.