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Cabela's announces plans for two new stores

Locations to open in New Mexico and Michigan

Cabela’s Incorporated (NYSE:CAB), the World’s Foremost Outfitter® of hunting, fishing and outdoor gear, announced today plans to expand its retail footprint and legendary shopping experience to two new locations: Albuquerque, N.M., and Chesterfield Township, Mich.

Construction on the 70,000-square-foot Albuquerque store – the company’s first location in New Mexico – is expected to begin this year and Cabela’s anticipates a 2017 opening. The store will join the Legacy at Journal Center development located near the intersection of Interstate 25 and Paseo del Norte, offering customers a convenient location in an already popular shopping destination.

“We are thrilled to announce Albuquerque as our first location in New Mexico,” said Tommy Millner, Cabela’s Chief Executive Officer. “We’ve had a strong customer base through our online and catalog businesses in this area for many years. Building a store here will allow us to serve those customers better, while also introducing thousands of additional outdoor enthusiasts to the Cabela’s brand and experience.”

Cabela’s expects to employ approximately 150 full-time, part-time and seasonal employees at the store, most of whom will come from the surrounding area.

The store will offer customers an immersive outdoor experience with a 360-degree mountain and wildlife-display feature, dozens of museum-quality taxidermy mounts, vintage outdoor photos and memorabilia, and a regionally specific theme.

Additionally, the store will include an archery and firearm tech room, indoor archery range and Bargain Cave, along with thousands of outdoor products displayed using Cabela’s new layout that dedicates more square footage of floor space to the company’s core areas in hunting, fishing, camping and recreational shooting.

The new layout also will allow a more flexible product assortment as outdoor activities change throughout the year, resulting in more in-season and regionally specific gear.

Construction on the 90,000-square-foot Chesterfield Township location is expected to begin this year and Cabela’s anticipates a 2017 opening. Located about 30 miles northeast of Detroit, near the banks of the renowned Lake St. Clair, the store will be located near the intersection of Hall Road and Interstate 94, near Super Walmart and Menards.

“Chesterfield Township and the surrounding area offer remarkable opportunities for outdoor recreation, and people in that region utilize those opportunities to live an outdoor lifestyle,” Millner said. “We are extremely eager to build them a Cabela’s store and help them enjoy their outdoor passions.”

Cabela’s expects to employ approximately 175 full-time, part-time and seasonal employees, most of whom will come from the surrounding area. Upon opening, it will become Cabela’s fourth location in Michigan, joining the Dundee, Saginaw and Grandville stores.

The store also will offer Cabela’s unique, outdoor experience and feature the company’s new floor plan, offering a regionally specific theme and product assortment.

At the end of April, Cabela’s announced plans for stores in McDonough, Ga., and Lee’s Summit, Mo.

 

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