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Thread: Cabelas Gone???

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  1. #1
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    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.
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    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.
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    This is do to one investor that his family owns quite a chunk of stock and he wants to sell the company when it is at an all time high. He cares nothing about the company or what they represent but only that he can make more money. He is trying to get other investors to join with him so they can acquire controlling interest in the stock and then he can force a sale of the corporation. Cabela's are on hold for now until this issue gets decided. Cabela's just built a new store in MN but won't even open it up until this is resolved. EB
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    I always thought Cabela's was grossly overpriced and their marketing approach seemed to me to be all about making outdoor gear more of a preppy fashion statement for the "haves" and not very practical at all for the "have nots" or the more grassroots sportsman and their typical budget ranges. Just my two cents.
    "Just Like Iron Sharpens Iron... So it is that One Man Sharpens Another Man." Proverbs 27:17

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    Quote Originally Posted by Special K View Post
    I always thought Cabela's was grossly overpriced and their marketing approach seemed to me to be all about making outdoor gear more of a preppy fashion statement for the "haves" and not very practical at all for the "have nots" or the more grassroots sportsman and their typical budget ranges. Just my two cents.
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  6. #6
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    Quote Originally Posted by Special K View Post
    I always thought Cabela's was grossly overpriced and their marketing approach seemed to me to be all about making outdoor gear more of a preppy fashion statement for the "haves" and not very practical at all for the "have nots" or the more grassroots sportsman and their typical budget ranges. Just my two cents.
    I agree......there stuff is overpriced thats why I buy from Grizzly Jig and BPS
    Only thing I ever bought from them was line.....they had a good deal on their Pro-Line.
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    Overpriced yes but they run far more sales than bass pro... Sadly our cabelas in Bristol va has only been open a few months and we got a bass pro in Bristol last year so if they do buy them out I'd say out new cabelas is gone... I enjoy the bargain cave alot

  8. #8
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    Cabela's meat processing equipment is top notch. Grinders, slicers, etc. I highly recommend.
    Randy Andres

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    I've got 1 of each in my area and I can't tell 10 cents difference between them other that the names on the goods. Both of them look more like yuppie clothing stores than sporting good stores
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  10. #10
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    I want your business! Now I do not have to pay the rewards points.

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