![]() ![]() In early 2012, Cabela's unveiled a new retail initiative called Cabela's Outpost Stores. On October 3, 2016, Bass Pro Shops announced an agreement to acquire Cabela's for $5.5 billion. ![]() divisions to Worldwide Trophy Adventures. In December 2015, Cabela's sold their Outdoor Adventures & T.A.G.S. In March 2014, Cabela's sold their recreational real estate division, Cabela's Trophy Properties, to Sports Afield. In December 2013, Gander sued Cabela's for cybersquatting. In February 2013, Cabela's sued Gander Mountain for patent infringement over a fold-up cot that Gander was selling. Gander Mountain won the lawsuit and began selling online as well. In 2007, Cabelas brought suit against them to prevent their re-entry into the mail-order business. In 1996, Gander Mountain, prior to declaring bankruptcy, sold its mail order business to Cabela's with a non-compete clause. The remaining 11% of revenue came from its financial subsidiary and credit card business. Additionally, in 2012 30% of revenue came from direct sales (through catalog and online orders), and 59% from physical retail stores. On February 17, 2014, founder Dick Cabela died at his home in Sidney, Nebraska, at the age of 77.Ībout half of Cabela's sales come from hunting-related merchandise with about a third derived from the sale of firearms, ammunition and accessories in 2012. From those beginnings, the company has since grown to a publicly traded corporation with over $3 billion in annual sales. Dick's brother Jim also joined the business. Īs the business grew, Cabela and his wife Mary moved their operation to Sidney, Nebraska in 1963. Included with each order was a catalog of other products for sale by Cabela. When his first effort produced only one response, he placed an ad in a national magazine, Sports Afield, which was more successful. Cabela purchased $45 worth of fishing flies at a furniture expo in Chicago which he then advertised for sale in a local newspaper advertisement. The company that would become a sporting goods reseller and chain was started in December of 1961. Water tower at Buda, Texas bearing company advertisement next to a Cabela's store History ![]()
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