Does anyone think that Tommy was brought in back in '09 for this reason? Internally we were NEVER told the company had this much debt. Tommy had a track record and has clearly been talking to BP for a while. The activist investor was just a... — read more
Don't be gullible
All the visits from Johnny, the "we'll keep some operations in Sidney", the "now is the time to shine", and the rest of the ra-ra tactics is just a farce to keep lot's of people from leaving. If people start bailing, it won't be good for either... — read more
What is being shared is criminal - there needs to be an investigation
As I read stories shared by employees, both past and current, it is apparent that as a public company, there was and currently is targeted discrimination, cooked books and illegal, unethical business practices with the implied intent of deceiving... — read more
I am out of there Thank God
When I accepted a position at Cabelas something in my head told me it was not right. But I love the outdoors and the outdoors products. I always wanted to manage a team that worked in that environment. After I got there it became more obvious that I... — read more
Do you think Johnny Morris wanted control of Cabelas because of ego and greed or is he a visionary?
All of a sudden we have a new bunch of bosses. We are told that things will be OK. Meanwhile I wonder why this all happened. Did we really need to be acquired or was this orchestrated by insiders and BP and Wall Street in phases over the years with... — read more
And this is servent leadership, tommy, a lottery to hear our new owner?
As I think of tommy's long ago promise of serve to leadership and transparency, the lottery for current employees to hear the new owner, unbelievable. As with Hillary, believe nothing that comes from his mouth or his actions. He has ripped off a... — read more
KNEB story
Opinions on this story
http://www.marketwatch.com/story/cabelas-shareholder-notice-faruqi-faruqi-llp-announces-the-investigation-of-cabelas-incorporated-cab-over-the-p
And the lawsuits start over the under handling of the sale to Bass Pro. LOL
Housing
I moved to town and tried to buy one of those overpriced houses. Bank on the hill told me get my 20% down and he would forgive the credit score. I saved up my 20%, found the house I wanted, guy at bank on the hill decides he doesn't want to loan to... — read more
Misled
"Millward said he continued construction this year despite red flags about Cabela’s and despite two other contractors pulling out. He kept going based on the assurance of Cabela’s executives, he said. “We kept being told ‘We’re just restructuring... — read more
Annual Stockholder meeting
December 13,2016 is annual stockholder meeting, according to SEC document filed Friday 10/7/2016.
More sad sad news concerning he future of Sidney
http://www.omaha.com/money/nice-homes-that-no-one-wants-to-buy-after-cabela/article_1568441f-bd9f-5593-b056-013894fd13aa.html
Old news
This is ancient history comparatively but many of you do not know this . I know management or Sidney has never talked about this:... — read more
Sidney housing market was artificially inflated
It could be that current homeowners in Sidney grossly overpaid for their homes to begin with and are now about to experience to bursting of the housing bubble that the rest of the country experienced eight(ish) years ago. Due to supply and demand... — read more
Change coming sooner than later
Wise up folks and stop believing Cabelas has your best interest in mind......Still think they are going to be transparent?????......still believe in the 20/20 vision???......take a look at the close of yesterdays market. There was a total of... — read more
Will BP clean house on the store level?
Now that the stores will be under new ownership, you have to wonder if any stores not pulling their weight will get re-assigned personnel. I read the article that says we were in deep debt. That money has to be paid back. I think we will have a new... — read more
Omaha World-Herald reporter writing about Sidney housing market
I'm trying to write about the number of homes for sale in Sidney in the wake of the Cabela's announcement. If you are selling your home or worried about its value, please contact me. 402-444-1414 or paige.yowell@owh.com
Omaha World-Herald reporter writing about Sidney housing market
I'm trying to write about the number of homes for sale in Sidney and what might happen to the market in the wake of this news. If you are selling your home or are worried about your home's value, please contact me. 402-444-1414 or... — read more
Article
Finally, a read that tells the real story. Can't believe the board thought this was how to run a business and let it go for so long. http://theconservativeincomeinvestor.com/2016/10/03/cabelas-merger-with-bass-pro-shops-analysis/
http://m.ketv.com/news/cities-fear-economic-fallout-as-bass-pro-acquires-cabelas/41984094
Has anyone seen this anywhere else or is it just artistic license on the writer's part? "If there's any good news out of the announcement, it came from Bass Pro Shops founder and CEO Johnny Morris. He wants to grow the Cabela's brand alongside Bass... — read more
Sidney corporate mass layoff: Thanksgiving week. Store liquidations: January (30% of stores) Outfitters, hourly/mgmt: Re-apply to BPS November
Love, Tommy, Mary, and the West Virginia hillbilly and his WalMart cronies.
I got out of Cabela's Corporate management 7 months ago
I got out of Cabela's Corporate management 7 months ago because I saw the writing on the wall. It's hard to ruin a company with a single decision but I feel that going public back in 2004 will prove to have been Cabela's fatal mistake. Greed and... — read more
Don't wait - get your resume out there NOW!
As unfortunate as this is for us -- we can't afford to wait around and see what happens to us. Most of us realize that there is not a future in Sidney, NE going forward. For those of you in retail stores, your in a much better position than those in... — read more
Taken from the Omaha World-Herald
It's not the same company D--k built folks. It's not about Sidney, it's business: Tommy will take $8.1 Million Scott will take $3.4 Million Baker will take $2.6 Million Ralph will take $3.4 Million Copeland will take $3.2 Million Linneman will take... — read more
The last farewell to my boss...
To my now former supervisor: I'm sure you were completely justified in selecting me for termination. After all, you spoke to me once or twice during your tenure in your latest position. I'm sure you evaluated me fairly. And during your time pushing... — read more
I like Bass Pro and liked Cabela's
I like bass pro and liked cabelas a long time back, but the layoff last year was the best day of my tenure at cabelas, I was sooo happy to receive the RIF offer. I saw it coming and was happy for the exit option. what a cluster the last two years had... — read more
Answers are on SEC Filing
Form DEFA24A Schedule A should be read by everyone on Cabela's Investor Relations site under SEC Filings
Do people honestly believe operations will be left in Sidney?
I know in the press release it was alluded to that some operations will stay in Sidney. Really? What sense would that make for anything other than maybe a DC? Why would anyone have any part of their main operation more than 1000 miles from HQ? Part... — read more
Overlap Cabelas/BPS
Interesting... I wonder what will happen in my town. I have a Bass Pro shop and a Cabela's about 10 miles apart from one another.
Basically we will be working now to enrich Johnny Morris and his backers
Maybe the new owners will give us a few crumbs.
So what's next??????
Anyone have thoughts on what's next? Such a shame. Richard Cabela rolling in the grave I'm sure. Will they really close stores? Turnover has been at all time high leading up to this announcement which everyone new was coming. I see they want to keep... — read more
Oh ye of little faith.
You were told this was going to happen but you wanted to know sources, spout correct spelling, and now you're __! Lata' Biatches !! Told you so !!!!
First half century
Great post. It would read like Hillary and Bill's bio - greed, incompetency, destruction of a great brand and a great company and on they go. Sooooo sad Now baldie can go to Best Buy and destroy that
Prediction
Press release sounds great, but we have Q4 to get through. They need us to be happy and hopeful so we bring in the big bucks in the Q4 season. Predictions. Oshkosh, closed. Sidney Corporate, closed. 150-200 employees selected for offers to relocated... — read more
Cabela's - The First Half Century
http://www.abebooks.com/9780615447858/Cabelas-First-Half-Century-0615447856/plp What a shame. So soon after celebrating 50 years, this is what the company has become. I'm sure the book, "Cabela's - The Last 5 Years" would be just as interesting. Like... — read more
Thank goodness !
I am so happy to see this happen. Sad for little Sidney but glad to see Bass get this. This place was a disaster. I could name so many names and so many events but I am not allowed to. I think that one of the biggest issues was the illegal accounting... — read more
Sold
We tried to warn you and you didn't believe this could happen. How does the local press and believers feel now?