{"id":8027,"date":"2016-10-26T06:43:39","date_gmt":"2016-10-26T06:43:39","guid":{"rendered":"http:\/\/newsroom.chainstoreguide.com\/?p=8027"},"modified":"2016-10-26T06:43:39","modified_gmt":"2016-10-26T06:43:39","slug":"bass-pro-shops-cabelas-acquisition-by-the-numbers","status":"publish","type":"post","link":"https:\/\/www.chainstoreguide.com\/offthechain\/2016\/10\/bass-pro-shops-cabelas-acquisition-by-the-numbers\/","title":{"rendered":"Bass Pro Shop\u2019s Cabela\u2019s Acquisition by the Numbers"},"content":{"rendered":"

Earlier in the month, Bass Pro Shops announced that it will acquire fellow outdoor recreation and apparel retailer Cabela\u2019s in an all-cash deal for approximately $5.5 billion. The deal, which will close in the first half of 2017 and see Cabela\u2019s taken private by closely held Bass Pro Shops, creates an outdoor retailer with more than $7.6 billion in annual sales, according to Chain Store Guide <\/strong>estimates, covering approximately 20% of the market.<\/p>\n

In apparel terms, the combined companies account for $1.3 billion in sales annually according to CSG’s<\/strong> Database of Apparel Specialty Stores. <\/em><\/p>\n

Assuming that no Cabela\u2019s stores are shuttered in the process, the combined organization will be approaching 190 North American stores by the time the deal closes.<\/p>\n

 <\/p>\n

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\n Source: Chain Store Guide<\/strong> Database of Apparel Specialty Stores. *CSG Projection. Estimates based on proprietary trend analysis and company comments. Actual figures are subject to change. This data is not intended for investment decisions.<\/em><\/p>\n

 <\/p>\n

Cabela\u2019s has struggled in recent years. Revenue has risen on the back of large-scale store expansion but the company has seen net income head south and same store sales decline more often than not.\u00a0 One factor blamed for falling comparable store sales has been the company\u2019s growth, itself. There\u2019s a feeling among part of its customer base that Cabela\u2019s product assortment has shifted from the desired high-end, specialty apparel and equipment to merchandise that appeals more readily to the masses.<\/p>\n

Bass Pro Shops is betting that a steady hand free from the pressures of Wall Street investors, a more measured approach to expansion and some level of economies of scale can right the Cabela\u2019s ship at the store and company level.<\/p>\n","protected":false},"excerpt":{"rendered":"

Earlier in the month, Bass Pro Shops announced that it will acquire fellow outdoor recreation and apparel retailer Cabela\u2019s in an all-cash deal for approximately $5.5 billion. The deal, which will close in the first half of 2017 and see Cabela\u2019s taken private by closely held Bass Pro Shops, creates an outdoor retailer with more… Continue reading Bass Pro Shop\u2019s Cabela\u2019s Acquisition by the Numbers<\/span><\/a><\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"post-template-no-sidebar.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[14],"tags":[17],"class_list":["post-8027","post","type-post","status-publish","format-standard","hentry","category-apparel-department","tag-csg-exclusive","entry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/8027","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/comments?post=8027"}],"version-history":[{"count":0,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/8027\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/media?parent=8027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/categories?post=8027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/tags?post=8027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}