tcbass reply : 

d**n. I hope they don't convert  to Bass Pro stores. Cabelas always had great clothing while Bass Pros clothes suck in quality. Just heard this on the radio. 

 

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Darren. reply : 

Yup, it's official. $5.5 billion. Stinks.

http://www.usatoday.com/story/money/2016/10/03/bass-pro-shops-cabelas-acquisition/91459212/

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Felix77 reply : 

I am extremely torn ... One big fish eaten by a bigger one .... somehow i'm afraid we are going to pay for it somehow.   I like both for very different reasons.

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Preytorien reply : 

These kinds of things rarely end up benefiting the consumer. I hope this is an exception to the trend. 

I wonder what will happen to the Cabela's Outpost closest to me? It's the only really good place for gear, although I don't ever seem to spend as much there as my wife thinks I do  

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thebillsman reply : 

d**n. I'm smack dab between two great Cabela's locations. It's always a bit of a spectacle to go in there. My closest BassPro is a total joke; poor inventory and store layout. I'm just hoping BassPro doesn't close my preferred Cabela's. 

Acquiring your biggest competitor is a nightmare for consumers. I don't know if it will truly effect us, as online pricing and convenience is the biggest threat to brick and mortar stores. I'll always support my local tackle shop, but the vast variety and awesome experience will be missed.

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roadwarrior reply : 

http://www.usatoday.com/story/money/2016/10/03/bass-pro-shops-cabelas-acquisition/91459212/

http://www.foxbusiness.com/markets/2016/10/03/bass-pro-shops-to-acquire-cabelas-in-5-5b-deal.html

 

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Burtonxj reply : 

Have a Cabelas currently being built in Gainesville. Guess I'll be keeping an eye on that.

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Brett's_daddy reply : 

I always make it a point to visit the Cabelas flagship store in Hamburg, PA when I go down to visit my Dad a couple of times a year...I hope they leave that alone as it's perfect just the way it is! I wonder if somebody will appose this and call it monopolizing the industry?

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fishballer06 reply : 

  On 10/3/2016 at 11:22 PM, Brett's_daddy said:

I hope they leave that alone as it's perfect just the way it is! I wonder if somebody will appose this and call it monopolizing the industry?

Who would oppose $5.5 billion???

 

This has been in the talks for over a year now. I'll be curious to see how this turns out in the long run. Both places are already very overpriced compared to most online tackle places, however the Cabelas clothing has always been decent quality and fairly priced. Regardless of pricing, the stores are always fun to visit. It would be a shame if they close some of the Cabelas stores and all those people lose their jobs. 

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Yeajray231 reply : 

I personally hate that the cabelas are popping up everywhere. There are 3 around me here where I live in ohio. And they all are nowhere near the one I love in Dundee Michigan. It's like they just slap a building up and throw the cabelas name on it. I think they should have built a huge one instead of having 3 In an hour's radius. 

Their (fishing ) selection was poor too. I went in there looking for three things.. rage tail, screw in cone sinkers for t rig, and rapala xrap shad. Which they had none of. 

I'll just stick to ordering off line and going to that one in Dundee when I make it back to Michigan. 

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Yeajray231 reply : 

Are they changing all the cabelas stores over to bass pro name ? I always liked cabelas more... even though they are both aimed at upper middle class. 

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thebillsman reply : 

  On 10/3/2016 at 11:48 PM, fishballer06 said:

Who would oppose $5.5 billion???

 

This has been in the talks for over a year now. I'll be curious to see how this turns out in the long run. Both places are already very overpriced compared to most online tackle places, however the Cabelas clothing has always been decent quality and fairly priced. Regardless of pricing, the stores are always fun to visit. It would be a shame if they close some of the Cabelas stores and all those people lose their jobs. 

I see it the other way. Cabela's is usually a dollar cheaper than my local tackle shop on any given item. Obviously they can't compete with eBay but my local tackle stores always have a higher mark up, I would assume because of less volume.

  On 10/3/2016 at 11:22 PM, Brett's_daddy said:

I always make it a point to visit the Cabelas flagship store in Hamburg, PA when I go down to visit my Dad a couple of times a year...I hope they leave that alone as it's perfect just the way it is! I wonder if somebody will appose this and call it monopolizing the industry?

Love it there.

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Brett's_daddy reply : 

I hope they just bought Cabelas but will leave the stores operating under the Cabelas name! I think changing them all over to Bass Pro Shops would alienate a lot of customers (myself included) who have always preferred Cabelas over Bass Pro. The Cabelas clothing has always been better quality and honestly I think on most smaller things like bait & tackle they've been competitively priced but larger items may be more over priced. Still, they sell quality stuff and not junk so that's good.

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punch reply : 

I don't think we'll see much change from either company honestly. Usually when these acquisitions occur things change organizationally and and on the back end for employees, but on the store level things don't change. At least not for a long time. BPS knows not to rock the boat because of the FUD that happens after these big mergers. They know Cabela's customers will be on edge and it wouldn't be in their best interest to make any noticeable changes. Pretty sure things will continue at standard operating procedure at both stores. Maybe they will join the two credit card/points programs into one? Seems like a no brainer. 

  On 10/4/2016 at 12:12 AM, Yeajray231 said:

Are they changing all the cabelas stores over to bass pro name ? I always liked cabelas more... even though they are both aimed at upper middle class. 

No. 

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fishballer06 reply : 

  On 10/4/2016 at 12:19 AM, Brett's_daddy said:

I hope they just bought Cabelas but will leave the stores operating under the Cabelas name! I think changing them all over to Bass Pro Shops would alienate a lot of customers (myself included) who have always preferred Cabelas over Bass Pro. The Cabelas clothing has always been better quality and honestly I think on most smaller things like bait & tackle they've been competitively priced but larger items may be more over priced. Still, they sell quality stuff and not junk so that's good.

I can't foresee them dumping the Cabelas name and stores completely. The name is too well known and valuable (hence why they wanted to buy them out, I'm sure). It will be interesting to see what they do with their in house brands, Redheads/Herters.

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Bass_Fishing_Socal reply : 

That is not good if BPS changes all cabela to BPS brand. I shop both but sometime cabela's cheaper plus no tax for me.

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Yeajray231 reply : 

Not even going to ask why you're tax exempt 

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2tall79 reply : 

The two stores are only 19 miles apart south of Seattle.  I wonder if one has to go.

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CybrSlydr reply : 

http://www.cnbc.com/2016/10/03/bass-pro-shops-to-buy-cabelas-for-6550-a-share-in-cash.html

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blckshirt98 reply : 

No Cabela's anywhere near where I live, I just hope BPS leaves the Cabela's online sale structure the same - Cabela's Bargain Bin usually has a huge selection of items, while BPS is usually just one page of BPS branded items.

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j bab reply : 

They're keeping the Cabela's brand.

Looks like they're keeping the employees too as of now, though I'm sure some management will be replaced or at the very least re-trained.

I work at a Cabela's, so if I find out anything else I'll share here  

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ChrisD46 reply : 

I like Bass Pro fishing equipment and lure brands better than Cabela's branded fishing equipment- otherwise  for hunting and clothing  it's Cabela's all the way . * I think Bass Pro should take over Cabela's fishing department (too much Walleye stuff) , bring in their bass boats and leave the rest alone !!

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smalljaw67 reply : 

What scares me is the Cabela's Club Visa I have. I can rack up points until I decide to use them, when I had the Bass Pro Shops reward Visa, I had to use my points within a year or lose them. If capital one changes the card I won't use it anymore and all my purchases will be made online through TW.

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Montanaro reply : 

My cabelas has terrible rod/reel and lure selection...just terrible.

 

Hopefully this changes things

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The Fisher reply : 

One word..Online...Two words Tackle Warehouse

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primetime reply : 

I wonder how Gander Mountain is doing? We have one in Tampa and the fishing section is smaller than the smallest Dicks Sporting Goods. We have several Dicks that carry an awesome selection of tackle, With Academy, BPS, all the liquidators and manufactures, I don't know how they do well here in Florida at least. I guess Hunting is bigger than I realize.....

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evilcatfish reply : 

Meh, I prefer Tackle Warehouse to both of them anyway. Bigger selection, better prices, free shipping, and NO SALES TAX. Done and done

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Brett's_daddy reply : 

I prefer being able to go in and actually see the rod, reel and tackle I'm buying...easier to make sure it's actually what I want when I can hold it in my hands to see how it feels/looks...hard to do that online 

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flyfisher reply : 

couple of things that are interesting to me.  One is the Cabelas is a publicly held company while Bass Pro is not.  The second is that Capital One is an arm of the deal and is going to be taking over Cabelas credit card which is currently being help by a local Nebraska bank.  That Bank could be severely impacted or it could be a ply for Capital One to buy out that bank and expand it's footprint to the midwest which is a place that it currently doesn't have a foothold.

As far as the products and the stores, I don't really care either way.  They opened a Cabelas near me about 3 months ago and i have yet to step foot in the store.  The local Bass Pro i go more to kill tie than anything.  Pretty much anything i need I go about a mile from my house to the local tackle shop and buy whatever i need.

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Darren. reply : 

The latest headline:

 

Bass Pro Shop's $5.5 Billion Deal

for Cabela's Inc Is Falling Apart

A regulatory morass could sink the tie-up between the sporting goods giants.

 

https://www.fool.com/investing/2017/02/08/bass-pro-shops-55-billion-deal-for-cabelas-inc-is.aspx?source=isesitlnk0000001&mrr=0.25

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CTBassin860 reply : 

  On 10/3/2016 at 11:59 PM, Yeajray231 said:

I personally hate that the cabelas are popping up everywhere. There are 3 around me here where I live in ohio. And they all are nowhere near the one I love in Dundee Michigan. It's like they just slap a building up and throw the cabelas name on it. I think they should have built a huge one instead of having 3 In an hour's radius. 

Their (fishing ) selection was poor too. I went in there looking for three things.. rage tail, screw in cone sinkers for t rig, and rapala xrap shad. Which they had none of. 

I'll just stick to ordering off line and going to that one in Dundee when I make it back to Michigan. 

We have 1 in Mass.It sucks pretty bad.I havent been to the one in Hartford CT yet.

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