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I'd never actually dealt with a co-op before REI. The profits shared aren't huge, but combined with the membership discount it's often cheaper than shopping onl
by Bartweiss 10y ago
I'd never actually dealt with a co-op before REI. The profits shared aren't huge, but combined with the membership discount it's often cheaper than shopping online resellers. I'm impressed.
- mbesto 10y agoWell technically speaking, REI profits aren't huge because its a retailer. You're looking at generally 2-10% margin businesses.
- Bartweiss 10y agoYeah, I don't meant to imply they're shortchanging anyone - retail sales are tough even on higher-margin goods like outdoor gear. I was just comparing to online retailers, where profit-share + member discount brings them to rough parity.