REI Co-op vs Nike
Side-by-side comparison of AI visibility scores, market position, and capabilities
US's largest consumer cooperative with $3.8B revenue and 23M lifetime members; outdoor gear retailer with annual dividends to co-op owners competing with Dick's and Backcountry.
About
REI Co-op is a consumer-owned outdoor retail cooperative — the largest consumer co-op in the United States — offering camping, hiking, climbing, cycling, paddling, skiing, and fitness gear from top outdoor brands alongside its own REI-branded performance apparel and equipment. Founded in 1938 in Seattle by Lloyd and Mary Anderson and 23 fellow mountain climbers, REI generates approximately $3.8 billion in annual revenue, operates 180+ stores, and has 23 million lifetime co-op members who receive annual dividends on qualifying purchases and access to member-only sales.
Beaverton global athletic footwear and apparel (NYSE: NKE) at $51.4B FY2024 revenue with 18% market share; CEO Elliott Hill returned Sept 2024 with Win Now strategy to restore wholesale channels and running category competing with On Running and adidas.
About
Nike, Inc. is a Beaverton, Oregon-based global athletic footwear, apparel, and equipment company — publicly traded on the New York Stock Exchange (NYSE: NKE) as a Dow Jones Industrial Average and S&P 500 component — generating $51.4 billion in fiscal year 2024 (ended May 31, 2024) revenue with approximately 83,700 employees worldwide and approximately 18% global athletic footwear market share. Nike brands include Nike (performance footwear, apparel, and equipment), Jordan Brand (lifestyle basketball and athletic), and Converse (lifestyle footwear). In September 2024, Elliott Hill returned to Nike as President and CEO (replacing John Donahoe who had led the company since 2020), launching a "Win Now" strategy focused on sport performance product investment, wholesale partner relationship restoration, and competitive positioning in running and basketball categories. Nike Direct (direct-to-consumer e-commerce and owned stores) generated 44% of FY2024 revenue. Nike was founded in 1964 as Blue Ribbon Sports by Phil Knight and Bill Bowerman; renamed Nike in 1978 with IPO in 1980.
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