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Old 03-06-2017, 07:23 AM   #1
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Bass Pro+Cabela's=Cass Pro?

So fortunatly or unfortunately two of our favorite stores are becoming one.

Most of you have likely shopped at one or both in person or online.

It would be interesting to know the full story and dynamics about a merger/acquisition of that size. Surely from a dollars and cents perspective it must make sense on their end but just thinking it through it seems like a logistical feat and employment debacle of sorts.

We like both stores and have our favorite items at each. We are also lucky to live in a metropolitan area that has both stores. They are both newer stores, large, big parking lots in nice shopping areas.

We feel for employees who may loose jobs in an already difficult market.

It will be interesting to see how it all shakes out.

Just please don't get rid of the Cabela's 7 pocket shorts in the process. And no, Bass's shorts, (copy thereof) are not a substitute.

How will this impact you?
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Old 03-06-2017, 07:44 AM   #2
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We have Bass Pro shops in Florida. Every year when we travel to Maine we made a point to stop in Cabela's because it was perceived as something "different"

Now, we'll scratch that stop off our list.
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Old 03-06-2017, 07:48 AM   #3
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Interesting...haven't heard about this merger. I shop at Academy myself. Prices seem better.
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Old 03-06-2017, 08:40 AM   #4
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Nothing is forever. 40 years ago, Sears and Macy's seemed like they were the solid rock foundation in their respective markets. Now they are barely hanging on. Barnes & Noble has all but been replaced by Amazon. It seems very difficult for a successful business to adapt to change. "If it ain't broke, don't fix it," isn't always reliable advice when you're living through a time of change. I'm sure the merger of Bass and Cabelas is intended to solidify the position of the survivor in today's market, but what about tomorrow's market?
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Old 03-06-2017, 09:17 AM   #5
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McDave you are correct.

Who would have ever thought about some of these retail or big manufacturer scenarios.

Most of the time we don't even know who owns what.

I remember being surprised by Sears being bought by Kmart when neither was doing well. When you read about the stores retail giant Federated has acquired it's like a trip down memory lane.

Hang in there Cabela's and Bass Pro employees.
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Old 03-06-2017, 09:33 AM   #6
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I'm amazed that Lowe's and Home Depot haven't merged.
All mergers lead to less competition, more money for the CEO's, and fewer employees. The buyer's stock goes down and seller's stock goes up. At least for a while.

I was surprised there's no Cabela's in Florida.
Cabela's Pro Shop? Bassbela's?
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Old 03-06-2017, 10:09 AM   #7
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Cabela's took pride in its Midwestern roots, family-like atmosphere, and wide range of outdoor equipment. Although they had a smallish number of stores, their catalog/online business was quite visible. I have long bought casual and outdoor clothing from them for camping, boating, hiking, etc.
I always viewed Bass Pro as primarily fishing stuff, although I admit not giving them much opportunity for my business. If the merger or acquisition helps them survive that is wonderful. Amazon hasn't really provided a lot of competition for either of them, yet. So maybe this is just simply a goodbye to Cabela's and hello to Bass Pro.

Larry
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Old 03-06-2017, 10:19 AM   #8
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In our nearby small town we had a family-owned lumber/hardware store called Sutherlands. Then Home Depot came to town.
I bought a gate latch from HD and they didn't have the other items I needed...so I paid for the latch and went to see if Sutherlands could help me.
Sutherlands had what I needed....but what's more, they had the identical brand/model gate-latch for a dollar less.... so I bought it and returned the previous latch to HD.
The HD clerk asked why I was returning the product and when I told them she replied, "We will match any competitor's pricing as well as discount it 10%"....expecting me to take that deal.
NO!, I told her. Because after you run the small family store out of business you'll be the only game in town and charge whatever you like.

Sutherlands lasted another year before being under-cut/out-advertised by HD, and then Sutherlands folded. There's a rather shoddy Goodwill store and liquor store in that bldg now, .... and Lowe's opened up down the road.
HD and Lowes carry different brand-lines in many cases. Lowe's employees stand around visiting with each other ignoring customers, and HD employees seem unknowledgeable about products because HD switches suppliers so often ...repair products for items purchased there last year are no longer carried.
Sutherlands always were helpful, knowledgeable about their product lines, and quickly ordered/delivered anything they didn't have in-stock.
SUPPORT YOUR LOCAL FAMILY-OWNED BUSINESSES. IMO.
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Old 03-06-2017, 10:34 AM   #9
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I don't believe the feathers have settled over this issue. This proposed buyout has been under scrutiny of the FTC for several months and the deal may be in jeopardy.

Here is some 411:

https://www.fool.com/investing/2017/...as-inc-is.aspx

There is another more recent news source that is trying to attribute the deal failure to the election related issues. But let's not let politics and the reported decline in the sale of certain items enter this discussion - Moderator Mode.
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Old 03-06-2017, 11:14 AM   #10
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Geez we got a warning prior to even getting close to thinking about going there.🤗

Thx for reminder Kev.

We had a chance to visit the newer very large Bass Pro store in Springfield Mo when we passed thru last summer. It was a beautiful store and a nice update from the small cramped founding location.

We've also been to the founding Sydney NE Cabelas store.

Both likely have several generations of family members who are working there.

We do try to support local when we can and particularly like to frequent local eateries when we travel.

It's a delicate balance between best price, convenience, industry expertise, local and brand loyalty.
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Old 03-09-2017, 05:14 AM   #11
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In today's Amazon world corporate leaders who are responsible and working as they should on revolving five-ten year plans realize they consolidate, take the best of each, downsize number of locations or close. This year literally hundreds of large stores and or chains will close, we hope this new combination makes it, we like them both.
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Old 03-09-2017, 05:30 AM   #12
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We have both stores here.

I have found for our family, that Cabbalas has far nicer quality and selection of Men's leisure and outdoor clothing. In fact, their selection is so good that we now go there first to look for DH who isn't such a fan of shopping. He almost always finds choices there to pick from in his size. Much easier than going to 4 or 5 other stores to find out that they get 1 XL and it has already been sold.

My impression of Bass Pro clothes is that the are competing in a different market, where price is more important. (More like Kohls or Walmart than LL Bean or Northface or REI)

To grossly overgeneralize, Bass Pro is geard for fishing, and Cabbalas is geared for hunting.

Camping gear is much better in selection and quality at Cabbalas.
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Old 03-09-2017, 06:01 AM   #13
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We have both stores here, and Cabela's has better quality merchandise by far. Whatever happens, I hope we don't lose that much. Additionally, maybe because this is Texas, their focus on hunting and fire arms predominates. Nobody else comes close to offering the selection and customer service where guns are concerned.
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Old 03-09-2017, 06:12 AM   #14
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Quote:
Originally Posted by Piggy Bank View Post
To grossly overgeneralize, Bass Pro is geard for fishing, and Cabbalas is geared for hunting.
This is consistent with the scuttlebutt I've heard. Word is that the intent is to keep both the Cabela's and Bass Pro Shop branding as separately named entities under single ownership with Cabela's being more hunting oriented, and Bass Pro more fishing.

No idea if this is true.
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