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Cabela’s Announces Plans for Saginaw, Michigan and Anchorage, Alaska

Cabela’s Incorporated (NYSE:CAB), the World’s Foremost Outfitter of hunting, fishing and outdoor gear, announced today plans to bring the unique Cabela’s shopping experience to Saginaw, Mich., and Anchorage, Alaska.

The Saginaw store is expected to open in the spring of 2013. The Anchorage store is scheduled to open in the spring of 2014.

Saginaw

Construction on the 43,000-square-foot store is scheduled to begin this fall and Cabela’s expects to open the location in spring 2013. It will be Cabela’s third retail store in Michigan, joining the Dundee location, which opened in 2000, and the Grandville location, slated to open in 2013.

The Saginaw store will be located in a building previously occupied by Circuit City on Tittabawassee Road in the Saginaw Shopping Center, which also includes Target, Staples, McDonald’s and Toys R Us.

This is Cabela’s second planned Cabela’s Outpost Store, joining the Union Gap, Wash., location scheduled to open this fall. It is expected to employ about 75 full- and part-time employees. Most will come from the greater Saginaw area.

“Opening a Cabela’s Outpost in Saginaw will allow us to more efficiently serve our passionate customers across Michigan and the Great Lakes region,” Cabela’s Chief Executive Officer Tommy Millner said. “In many ways this is an exciting new concept, but Cabela’s Outposts also will be true Cabela’s stores offering a premier retail experience. We are confident it will be a perfect fit for Saginaw.”

Designed for efficiency, flexibility and convenience at approximately 40,000-square-feet, Cabela’s Outpost Stores will serve customers in underserved markets across North America. They will bring the same quality products and customer service for which Cabela’s is famous to hometown markets too small to support Cabela’s popular next-generation stores.

Cabela’s Outposts will feature an innovative core-flex floor plan allowing products to be rotated to match the season. Customers also will have access to all Cabela’s gear via online order kiosks located throughout the store. Additionally, Cabela’s Outposts will offer a complimentary In-Store Pickup program enabling customers to order merchandise ahead of time and pick it up at their convenience at any Cabela’s location.

Anchorage

The 100,000-square-foot store, to be located on the south side of Anchorage near the intersection of W. 104th Avenue and C Street, will be Cabela’s first in Alaska. Construction is expected to begin in the spring of 2013.

The store is expected to employ approximately 200 full- and part-time employees. To staff the store, Cabela’s expects to draw on the large pool of outdoor-recreation savvy people in Anchorage and the surrounding area.

The building’s exterior will reflect Cabela’s popular store model with log construction, stonework, wood siding and metal roofing. A large glass storefront will allow customers to view much of the store’s interior as they approach the building. The inside will feature the company’s next-generation layout, designed to surround customers in an outdoor experience, including conservation-themed wildlife displays and trophy animal mounts displayed on a mountain. Additionally, the store will feature a 5,575-gallon aquarium. The store will also feature a Gun Library, Bargain Cave and Fudge Shop.

“What can I say about Alaskans? We love them; so many of them live the Cabela’s lifestyle. We love the whole Last Frontier State and what it represents,” Millner said. “Cabela’s has had great customers in Alaska, essentially since the company started more than 50 years ago. We’ve lost count of how many times Alaskans have told us they rely on Cabela’s not only for their outdoor recreation, but for their everyday living. For years, we’ve wanted to build a store there for our loyal customers.”

In addition to next-generation stores scheduled to open this summer in Charleston, W.Va., and Rogers, Ark., and the first Outpost store to open in Union Gap, Wash., Cabela’s has announced plans to open six next-generation stores in 2013 – Columbus, Ohio; Grandville, Mich.; Louisville, Ky.; Thornton, Colo.; Lone Tree, Colo.; and Green Bay, Wis.

Currently, Cabela’s operates 37 stores across the United States and Canada.

Logo courtesy of Cabela's

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