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What the heck happened to Cabelas?


Sisco

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Went into Cabelas for the first time in a couple of years. What happened to this once proud store? Semi empty shelves, over priced merchandise, clerks who didn't bother to make eye contact and mumbled ( I think)" Can I help you?". And absolutely no customers! You could have fired a cannon down the aisles and not hit anyone! I always thought they were a bit too pricey, but at least the service was good, but now even the bargain cave is overpriced! I heard they got bought by Bass Pro Shops, and from what I saw, that is probably a good thing.

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Cabelas is too far to drive for me , haven't been there for years but Bass Pro Shops always has customers . Its overpriced except for the sales items. They also had a small inventory for reloading supplies when  everyone else was out. I always spent my money on the second floor.

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6 minutes ago, survivalshop said:

Gander Mountain is the same way , stores are closing all over the place . They were a good store to shop , many years ago , but all their stuff is over priced , except sale items also .

Your right there. I used to get their Carhartt type line of work jackets and bibs. Good stuff at a third of the price, no more.

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2 hours ago, jtallen83 said:

Nah it's been way before that, I think the to many to fast theroy is better. The one out side of Madison has been there almost 2 years now and it's been worthless since day one. The fishing dept manager was fired less than a year after opening. I've heard we don't have that in stock but I can have it shipped to the store for free no less than 100 times (used to be they'd ship it to your house for free). 

1 hour ago, survivalshop said:

Gander Mountain is the same way , stores are closing all over the place . They were a good store to shop , many years ago , but all their stuff is over priced , except sale items also .

They're in the process of filing bankruptcy.  Got to into selling northface and designer cloths and for got about the hunters and fishermen that kept them afloat for so long. Think another issue is their online store SUCKS, it's hard to shop and it's very basic compared to bass pro or cabelas. 

Edited by shepp
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Probably too many too fast.

One of their competitors I worked for used that practice, at least the original owner did.

Open a store, partially stock it, use it as collateral to borrow the money for a new store location, partially stock that one, use it as collateral to borrow the money for yet another location, repeat.

When the economy tanked in 2008, they had already experienced supply issues with creditors.  After the economy tanked, a majority of their suppliers cut them off.  Carhartt wouldn't send merchandise unless funds were transferred directly to their accounts.

They were then sold to a Canadian conglomerate who operated on a cash-only basis and the stores became magically stocked again.  After closing half their locations, which were faltering.

It is now on the 3rd or 4th owner since the original founder.

And back to the "borrow borrow borrow" business model.

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