Cabela’s Announces Plans for Two New Stores
Cabela's 11.19.14
Locations to open in Virginia and Ontario, Canada
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: Gainesville, Va., and Ottawa, Ontario, Canada.
Gainesville
Cabela’s anticipates a spring 2017 opening for the 79,000-square-foot store. It will be located at the intersection of Linton-Hall Road and Lee Highway and will be adjacent the Virginia Gateway Center, a 1.3 million-square-foot shopping center featuring national retail, restaurant and hotel brands. Peterson Companies Inc. is the developer.
Gainesville is now Cabela’s third announced location in Virginia, joining the 82,000-square-foot Bristol store scheduled to open in fall 2015, and the 97,500-square-foot Short Pump location expected to open in spring 2016. Cabela’s expects to employ approximately 190 full-time and part-time employees at the store, most of whom will come from Gainesville and the surrounding area.
“The fact that Cabela’s is bringing three new stores to Virginia speaks volumes to the outdoor opportunities and lifestyle in the state, as well as Virginians’ passion for the Cabela’s brand,” said Tommy Millner, Cabela’s Chief Executive Officer. “The Gainesville store also will be a great location for our customers in Maryland and West Virginia.”
The store will be built in Cabela’s new-format 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.
Also, it will include a full-service boat shop and a comprehensive selection of Cabela’s Wildlife and Land Management products, including tractors, attachments and implements. Additionally, the store’s staff will host educational seminars and demonstrations throughout the year offering tips and insight on outdoor products and activities.
Ottawa
Construction is scheduled to begin in 2015, and Cabela’s plans to open the store in the spring of 2016. The 70,000-square-foot store will be located near the intersection of Palladium Drive and Highway 417. It will anchor the newly planned Kanata West Centre, which is being developed by Taggart Realty Management.
The store will be Cabela’s second location in Ontario, joining the 70,000-square-foot Barrie location opened in July. Cabela’s expects to hire approximately 175 full-time and part-time employees, most of whom will come from Ottawa and the surrounding area.
“Cabela’s has experienced great success in Canada, and we’re absolutely thrilled to continue our Canadian expansion with an Ottawa location,” Millner said. “What better way to show Cabela’s commitment to serving our loyal Canadian customers than bringing a store to the nation’s capital.”
The store will be built in Cabela’s new-format Canadian layout, designed to surround customers in an outdoor-like experience with a large mountain replica and museum-quality wildlife displays. In addition to thousands of quality outdoor products, the store will include an indoor archery range and archery tech room, Gun Library, Bargain Cave and fudge shop. Additionally, the store’s staff will host educational seminars and demonstrations throughout the year, offering tips and insight on outdoor products and activities.
Cabela’s Canada was established in 2007 with a store and headquarters for Canadian operations in Winnipeg, Manitoba. In 2010, Cabela’s Canada opened its current corporate headquarters and call center in Winnipeg.
Currently, Cabela’s operates 64 stores across North America and has announced plans to open an additional 19 stores over the next two years.
About Cabela’s Incorporated
Cabela’s Incorporated, headquartered in Sidney, Nebraska, is a leading specialty retailer, and the world’s largest direct marketer, of hunting, fishing, camping and related outdoor merchandise. Since the Company’s founding in 1961, Cabela’s® has grown to become one of the most well-known outdoor recreation brands in the world, and has long been recognized as the World’s Foremost Outfitter®. Through Cabela’s growing number of retail stores and its well-established direct business, it offers a wide and distinctive selection of high-quality outdoor products at competitive prices while providing superior customer service. Cabela’s also issues the Cabela’s CLUB® Visa credit card, which serves as its primary customer loyalty rewards program. Cabela’s stock is traded on the New York Stock Exchange under the symbol “CAB”.
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.
