Bass Pro Shops to acquire Cabela's
[quote]Bass Pro Shops said on Monday it will acquire Cabela's Inc ([URL="http://www.reuters.com/finance/stocks/overview?symbol=CAB.N"]CAB.N[/URL]) for $5.5 billion, combining two meccas for outdoor enthusiasts, even as the deal may face antitrust scrutiny given that the hunting and fishing retailers overlap in several U.S. states.
The deal, first reported by Reuters, will combine Cabela's 85 stores, which have a stronger U.S. Northwest presence, with Bass Pro's roughly 100 stores that are concentrated in the U.S. Southeast.[/quote]
[URL]http://www.reuters.com/article/us-cabela-s-m-a-basspro-idUSKCN12318H[/URL]
Years ago I heard about Gander Mountain
I've been reading the Cabelas Catalog for over 30 maybe 40 years and the BPS catalogs as long as they have been around. But I never heard about Gander Mountain until I came to this forum. Some of the guys from up around Indy always talked about this Gander Mountain Store. I had no idea what they were talking about for a long time. I guessed it was a sporting goods store but had never seen one before.
That changed here in Evansville, IN when Gander Mountain built their store here. I do a lot of shopping there. I like to be able to see what I'm buying and hold it before making the purchase. So the brick and motor stores are where I like to shop. Now form time to time I'll order something online from either Cabelas or Bass Pro Shops.
I too worry about combining the two stores and it reduced the completion and may lead to higher prices. I'm not sure that Gander Mountain is big enough to help lower the prices that BPS charges. I hope it does but I'm not sure.
I wish we had either one of those two here in Evansville, IN. I have to drive all they way to Louisville, KY area to see the Bass Pro Shop. Does Cabelas have a store in IN or KY?