IndustryEye: Catalogers’ Updates, People on the Move & Letter to the Editor
REI, Lillian Vernon & Abitibi Consolidated
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Catalogers’ Updates
Outdoor co-op cataloger Recreational Equipment Inc. (REI) in February said that $58 million will be distributed to its active members through its annual patronage refund based on the co-op’s 2006 sales of $1.18 billion. This is the second consecutive year in which sales rose more than 15 percent. Anyone can shop the REI catalog, Web site and stores, but only members share in the co-op’s profits. A total of 3.1 million active REI members received their patronage refunds calculated at 10 percent of their eligible 2006 purchases.
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