Cabela’s Announces Two New Stores
Cabela's 10.24.14
Cabela’s Incorporated (NYSE:CAB), the World’s Foremost Outfitter® of hunting, fishing and outdoor gear, announced today plans to introduce Cabela’s unique retail experience and legendary customer service to two new markets: League City, Texas; and Lexington, Kentucky.
League City
The 72,000-square-foot store will anchor a new retail development at the intersection of Interstate 45 and Big League Dreams Parkway near Kohl’s, HEB Grocery and Big League Dreams Sports Park. Pinnacle Alliance Fund Inc. is managing the development.
Cabela’s anticipates construction on the store will begin later this year and expects a fall 2015 opening. It will be Cabela’s sixth location in Texas, joining stores in Fort Worth, Buda, Allen, Waco and Lubbock.
“Texans love the outdoors and have exhibited a strong passion for Cabela’s,” said Tommy Millner, Cabela’s Chief Executive Officer. “Our existing stores in the Lone Star State have a remarkably loyal customer base, and we expect the same for the League City location. Texas truly is a great place for the outdoors and for Cabela’s.”
Cabela’s expects to hire approximately 170 full-time and part-time employees, most of whom will come from League City 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 interior will be built in Cabela’s next-generation layout, designed to surround customers in an outdoor-like experience with a large mountain replica, museum-quality wildlife displays and an aquarium. In addition to thousands of quality outdoor products, the store will include an indoor archery range and archery tech room, Gun Library, Bargain Cave, deli and fudge shop.
Lexington
The 70,000-square-foot store will be located in the new Hamburg Place II retail development on Polo Club Boulevard near the intersection of Interstate 75 and Man O’ War Boulevard. Cabela’s anticipates a spring 2016 opening.
It will be Cabela’s third store in Kentucky, joining the 88,000-square-foot Louisville location opened in 2013 and the 42,000-square-foot Bowling Green location opened Sept. 25. Cabela’s expects to hire approximately 160 full-time and part-time employees, most of whom will come from Lexington and the surrounding area.
“The people of Kentucky have a passion for the outdoors and a passion for Cabela’s,” Millner said. “The state has embraced our Louisville and Bowling Green stores, and we are thrilled to offer a third location to our customers in the Bluegrass State.”
The building will be built in Cabela’s next-generation layout and feature a mountain replica, museum-quality wildlife displays, indoor archery range and archery tech room, Gun Library, Bargain Cave and fudge shop.
Currently, Cabela’s operates 64 stores across North America and has announced plans to open an additional 17 stores during the next two years.
Media Contact:
Nathan Borowski
308-255-2861
Nathan.Borowski@cabelas.com
Investor Contact:
Chris Gay
308-255-2905
Christopher.Gay@cabelas.com
Since the start back in 1961, Cabela’s has evolved into what is now the World’s Foremost Outfitter proving our valuable and dedicated customers only the best in outdoor gear from hunting, shooting, and fishing to camping, backpacking and more. Whether you need an ATV to get you there, the right clothing and footwear to keep you there, or quality outdoor gear to make it memorable, let every adventure begin and end with Cabela’s.
