Cabelas Gone???

[pop]

Just Steve, I am wondering the same thing. Will probably use them up before the end of the year just incase. Pop

[jigflinger]

Sounds like that one store. Dunno.

[Cane Pole]

What am I gonna do? My card is good thru 2021.

[jigflinger]

I'd say, hold your horses. The link clearly states that it is the Billings Montana store this story is coming from. If there was any fact in it, it would come out of Sidney, Nebraska. You realize that big companies have been known to sell unprofitable stores without endangering the whole.

I personally have a tough time excepting something as fact when the person telling it insists on not being known. Really does sound, to me, like a disgruntled employee trying to start something just before Christmas. I'll wait for "Official" word.

[brucec]

Retail giant Bass Pro Shops casting to buy Cabela’s | The Charlotte Observer

[jigflinger]

Still sounds like BassPro might be trying to aquire some individual stores to strengthen their market share in a few locations.

[hays47]

With the internet sales growing by leaps and bounds every year. I would be awful hesitant to buy a brick and mortar store. If Bass Pro is looking to buy out Cabela's entirely lock stock and barrel ( the rumor I heard ) would be the only way it would make sense to me. Even then I am of the opinion it would be a " poison pill " acquisition. Like when Hewlitt-Packard bought Compaq out.

For competition's sake I hope the deal falls flat. While both companies sell at higher than normal pricing at least Cabela's has the bargain cave. Bass Pro only get my business if they have something I need that I can't find elsewhere. Over the course of an average year. I probably submit 8-12 orders a year from Cabela's.Bass pro might see an order form me about once every three years or so.

[huntinslabs]

This is almost the same conversation as when Tracker Marine bought Ranger. The best competition is your own. Have to wait and see the end result. Probably realign some stores and maybe shut a few down, but I doubt you will see Cabelas gone entirely. Maybe 1 will be store fronts and the other mail order, who knows until it is done. Johnny Morris is a very smart business man and I am sure they have a plan. And I agree it was likely a disgruntled employee/ manager that started all this. Maybe a store manager that just plain don't get it and knows he is facing walking papers. I will wait and see what happens in the end.

[cajun fryer]

I read were Cabelas is in money trouble. There stocks are falling. And this is only a bid to buy out the stock or some of the stock.

[elkhunter]

Went to Cabelas a week ago after a long absence. The reason - really tired of being asked for my phone #, asking if I would like to make a donation, and asking if I would like a Cabelas credit card. A store I used to go to would also try to talk you into a credit card as soon as you walked into the store. Hate to see the big get bigger (BPS) but I don't like the way Cabelas does business. Maybe I'm just getting crabby in my old age.