Cabela's
{{short description|American outdoor recreational equipment retail chain}}
{{Use American English|date=December 2022}}
{{Use mdy dates|date=April 2022}}
{{Infobox company
| name = Cabela's Inc.
| logo = Cabela's Logo.svg
| image = Cabelas-rogers-minnesota.jpg
| image_caption = Cabela's in Rogers, Minnesota
| type = {{plain list|
- Subsidiary (Public until 2017)
}}
| founders = {{plain list|
- Richard N. Cabela
- Jim Cabela
}}
| key_people = Thomas Millner (CEO)
| industry = Retail
| products = Hunting, fishing, outdoor merchandise
| revenue =
| operating_income =
| net_income =
| assets =
| equity =
| num_employees = 19,100 (2016)
| parent = Bass Pro Shops
(2017–present)
|subsid = White River Marine Group
| foundation = {{start date and age|December 14, 1961|p=y}} in Chappell, Nebraska, U.S.
| defunct =
| location_city = Sidney, Nebraska, U.S.
| locations = 82 (May 2016, U.S. and Canada)
| homepage = {{URL|https://www.cabelas.com/}}
}}
Cabela's Inc. is an American retailer that specializes in hunting, fishing, boating, camping, and other outdoor recreation merchandise. The chain was founded by Richard N. Cabela and Jim Cabela in 1961. Cabela's was acquired by Springfield, Missouri-based Bass Pro Shops in 2017 and has been a subsidiary since then. The brand’s retail locations feature wildlife exhibits and outdoor designs, and are viewed as tourist attractions.
History
File:Cabela's water tower at Buda, Texas.jpg, bearing company advertisement next to a Cabela's store]]
The company that would become a sporting goods reseller and chain was started in December 1961 in Chappell, Nebraska.{{Cite web |last=Funk |first=Josh |title=Bass Pro completes $4 billion acquisition of Cabela's |url=https://www.usatoday.com/story/money/2017/09/26/bass-pro-completes-4-billion-acquisition-cabelas/703078001/ |access-date=2023-11-21 |website=USA TODAY |language=en-US}}{{Cite web |date=2014-02-20 |title=Dick Cabela dies at 77; co-founded Cabela's sporting goods empire |url=https://www.latimes.com/local/obituaries/la-me-dick-cabela-20140220-story.html |access-date=2024-03-29 |website=Los Angeles Times |language=en-US}}{{Cite news |last=Helliker |first=Sara Germano and Kevin |title=Bass Pro Shops to Acquire Cabela’s |url=https://www.wsj.com/articles/bass-pro-shops-to-acquire-cabelas-1475500278 |access-date=2024-03-29 |work=WSJ |language=en-US}} Richard (Dick) N. Cabela purchased $45 worth of fishing flies at a furniture expo in Chicago which he then advertised for sale in a local newspaper advertisement.{{cite journal|last=Staff|title=Random Shots: In Memory: Richard "Dick" Cabela|journal=American Rifleman|date=May 2014|volume=162|issue=5|page=28}} When his first effort produced only one response, he placed an ad in a national magazine, Sports Afield, which was more successful.{{Cite web |date=2014-02-20 |title=Dick Cabela dies at 77; co-founded Cabela's sporting goods empire |url=https://www.latimes.com/local/obituaries/la-me-dick-cabela-20140220-story.html |access-date=2023-12-01 |website=Los Angeles Times |language=en-US}} Cabela and his wife, Mary, mailed the orders and kept a record of all names and addresses. In 1963, Cabela's brother Jim joined the company. The mimeographed catalog became a printed catalog, and the operation moved into the basement of a family store and then to a former American Legion Hall. In 1968, the company moved again into a former John Deere dealer facility in Sidney, Nebraska. Cabela's then sold fishing gear as well as equipment for hunting, backpacking, and other outdoor activities. In 1991, a 75,000-square-foot retail store was opened in Sidney. More stores were built, decorated with outdoor scenery, mounted animals, and aquariums. Some stores included shooting ranges and archery ranges. By 2014, there were 50 stores across the U.S. and Canada.
On February 17, 2014, founder Dick Cabela died at his home in Sidney, Nebraska, at the age of 77.{{Cite web |agency=Associated Press |date=2014-02-17 |title=Richard Cabela, co-founder of outdoors outfitter, dies at 77 |url=https://www.denverpost.com/2014/02/17/richard-cabela-co-founder-of-outdoors-outfitter-dies-at-77/ |access-date=2023-09-07 |website=The Denver Post |language=en-US}}{{Cite news |last=Harris |first=Elizabeth A. |date=2014-02-22 |title=Richard Cabela, Who Sold the Great Outdoors, Is Dead at 77 |language=en-US |work=The New York Times |url=https://www.nytimes.com/2014/02/22/business/richard-cabela-who-sold-the-great-outdoors-is-dead-at-77.html |access-date=2023-09-07 |issn=0362-4331}}
About half of Cabela's sales come from hunting-related merchandise with about a third derived from the sale of firearms, ammunition and accessories in 2012. Additionally, in 2012 30% of revenue came from direct sales (through catalog and online orders), and 59% from physical retail stores. The remaining 11% of revenue came from its financial subsidiary and credit card business.{{cite web |last=Santoli |first=Michael |title=Outdoor Enthusiasts Flock to Cabela's, Investors Follow |url=https://finance.yahoo.com/blogs/michael-santoli/outdoor-enthusiasts-flock-cabela-investors-150510580.html |access-date=September 1, 2013 |publisher=Yahoo Finance}}
In 1996, Gander Mountain, prior to declaring bankruptcy, sold its mail order business to Cabela's with a non-compete clause. In 2007, Cabelas brought suit against them to prevent their re-entry into the mail-order business. Gander Mountain won the lawsuit and began selling online as well.{{cite web|last=Orrick|first=Dave|title=Gander Mountain sues Cabela's over web addresses|date=December 14, 2013|url=http://www.twincities.com/business/ci_24729213/gander-mountain-sues-cabelas-over-web-addresses|publisher=TwinCities.com, Pioneer Press|access-date=December 16, 2013}}
In February 2013, Cabela's sued Gander Mountain for patent infringement over a fold-up cot that Gander was selling. In December 2013, Gander sued Cabela's for cybersquatting.
In March 2014, Cabela's sold their recreational real estate division, Cabela's Trophy Properties, to Sports Afield.{{Cite web|url=http://www.licensemag.com/license-global/sports-afield-buys-recreational-real-estate-firm|title=Sports Afield Buys Recreational Real Estate Firm {{!}} License! Global|website=www.licensemag.com|language=en|access-date=August 1, 2017}}{{Cite web |title=Brand Licensing, Partnerships and Collaborations in Publishing {{!}} News |url=https://www.licenseglobal.com/entertainment/publishing |access-date=2024-03-29 |website=License Global |language=en}} The name changed to Sports Afield Trophy Properties.{{Cite web |title=Brand Licensing, Partnerships and Collaborations in Publishing {{!}} News |url=https://www.licenseglobal.com/entertainment/publishing |access-date=2024-01-08 |website=License Global |language=en}}
In January 2016, Cabela's sold their Outdoor Adventures & T.A.G.S. divisions to Worldwide Trophy Adventures.{{Cite web |title=Worldwide Trophy Adventures Acquires Cabela's Outdoor Adventures and T.A.G.S Businesses {{!}} Outdoor Wire |url=https://www.theoutdoorwire.com/story/1451858592yqxx1acsgvk |access-date=2024-01-08 |website=www.theoutdoorwire.com}}{{Cite web |last=Bilyj |first=Brooke |title=Mark Peterson chases his passion with Worldwide Trophy Adventures |url=https://www.huntington.com/Commercial/insights/client-success-stories/wta |website=Huntington.com}}{{Cite web |last=Sun-Telegraph |first=The Sidney |title=Worldwide Trophy Adventures acquires Cabela's Outdoor Adventures, T.A.G.S businesses |url=https://www.suntelegraph.com/story/2016/01/05/community/worldwide-trophy-adventures-acquires-cabelas-outdoor-adventures-tags-businesses/8858.html |access-date=2024-01-08 |website=The Sidney Sun-Telegraph |language=en}}
On October 3, 2016, Bass Pro Shops announced an agreement to acquire Cabela's for $5.5 billion.{{cite web|title=Cabela's stores to be sold to Bass Pro Shops for $5.5 billion|url=http://www.inforum.com/news/business/4128065-cabelas-stores-be-sold-bass-pro-shops-55-billion/|access-date=December 18, 2016|archive-url=https://web.archive.org/web/20161221001955/http://www.inforum.com/news/business/4128065-cabelas-stores-be-sold-bass-pro-shops-55-billion/|archive-date=December 21, 2016|url-status=dead}} In September 2017, Cabela's became part of Bass Pro Shops.{{Cite web |date=2017-09-26 |title=Cabela's Now Officially Part of Bass Pro Shops After Merger |url=https://www.ksmu.org/business-and-the-economy/2017-09-26/cabelas-now-officially-part-of-bass-pro-shops-after-merger |access-date=2023-11-21 |website=KSMU Radio |language=en}}
Retail stores
The largest Cabela's retail facility is in Hamburg, Pennsylvania, with more than {{convert|250000|sqft|m2|-3}} of floor space.{{Cite web |last=Marsya |first=Haris |date=2023-08-19 |title=Top 10 Biggest Cabela's |url=https://www.knot35.com/toplist/top-10-biggest-cabelas/ |access-date=2024-03-08 |website=Toplist |language=en-US}}
In 2007, Cabela's purchased family-owned S.I.R. Warehouse Sports Store in Winnipeg.{{cite news|url=https://www.cbc.ca/news/canada/u-s-firm-buys-longtime-winnipeg-outfitter-1.643610 |title = U.S. firm buys longtime Winnipeg outfitter |author = Canadian Broadcasting Corporation |author-link = Canadian Broadcasting Corporation |access-date=August 16, 2007 | work=CBC News | date=August 16, 2007}} In 2010, the Canadian Head Office and Distribution Centre moved across the city, leaving the original location as only a retail store. The company had intended to be a part of the {{convert|1400000|sqft|m2|adj=on}} Lac-Mirabel project near Montreal, which was to include {{convert|220000|sqft|m2}} of retail space, and was planned to open in 2008.Cabela's Montreal store Press Release [http://www.cabelas.com/cabelas/en/templates/community/aboutus/retail-detail.jsp?detailedInformationURL=/cabelas/en/content/community/aboutus/retail/retail_stores/montreal/montreal_press.html Cabelas.com] But instead, Bass Pro Shops became one of the mall anchors.{{cite web|url=http://www.lacmirabel.com/pdf/MontAnn.pdf|title=Lac Mirabel press release|access-date=October 14, 2016|archive-url=https://web.archive.org/web/20120904065839/http://www.lacmirabel.com/pdf/MontAnn.pdf|archive-date=September 4, 2012|url-status=dead}} In 2011 Cabela's opened a {{convert|70,000|sqft|m2|adj=on}} store in Edmonton, Alberta and a {{convert|50,000|sqft|m2|adj=on}} store opened in Saskatoon in 2012 another {{convert|70,000|sqft|m2|adj=on}} store in Calgary, Alberta opened in 2015.
In late 2011, Cabela's announced a new retail initiative called Cabela's Outpost Store{{Cite web |title=Cabela's to open 'outpost' store near Yakima {{!}} The Spokesman-Review |url=https://www.spokesman.com/blogs/outdoors/2012/feb/16/cabelas-open-outpost-store-near-yakima/ |access-date=2024-03-29 |website=www.spokesman.com}} was located in Union Gap, Washington, while the second was opened in Saginaw County, Michigan.{{Cite web |title=Cabela's to open 'outpost' store near Yakima {{!}} The Spokesman-Review |url=https://www.spokesman.com/blogs/outdoors/2012/feb/16/cabelas-open-outpost-store-near-yakima/ |access-date=2024-02-28 |website=www.spokesman.com}}{{Cite web |last=klynchmo@mlive.com |first=Kathryn Lynch-Morin {{!}} |date=2012-07-26 |title=Cabela's store to open in Saginaw County |url=https://www.mlive.com/business/mid-michigan/2012/07/cabelas_store_to_open_store_in.html |access-date=2024-03-29 |website=mlive |language=en}} The Outposts have seasonally rotating merchandise, online order kiosks, and in-store pickup.{{Cite web |last=klynchmo@mlive.com |first=Kathryn Lynch-Morin {{!}} |date=2012-07-26 |title=Cabela's store to open in Saginaw County |url=https://www.mlive.com/business/mid-michigan/2012/07/cabelas_store_to_open_store_in.html |access-date=2024-03-26 |website=mlive |language=en}}
As of January 2024, there were 70 Cabela’s stores in the U.S. and 10 in Canada.{{Cite web |title=Bass Pro Shops / Cabela’s |url=http://sportsinsightmag.com/2019/mar-apr/power-12/bass-pro-shops-cabelas.html#:~:text=Some%20states,%20like%20Tennessee%20with,between%20Cabela's%20and%20Bass%20Pro |access-date=2024-01-09 |website=sportsinsightmag.com}} Many of these stores were rebranded as Bass Pro Shops throughout the following year. {{Cite web |last=Oregonian/OregonLive |first=Veronica Nocera {{!}} The |date=2025-03-20 |title=Cabela’s name is coming down in Tualatin, but the store will stay open |url=https://www.oregonlive.com/retail/2025/03/cabelas-name-is-coming-down-in-tualatin-but-the-store-will-stay-open.html |access-date=2025-04-06 |website=oregonlive |language=en}} 49 stores remained with the Cabela's branding as of April 2025. {{Cite web |title=Cabela’s Store Locator {{!}} Hunting, Camping & Shooting Gear |url=https://stores.cabelas.com/ |access-date=2025-04-06 |website=stores.cabelas.com |language=en}}
Acquisition by Bass Pro Shops
On July 5, 2017, the Federal Trade Commission approved the acquisition of Cabela's by Bass Pro Shops. The acquisition was complete on September 25, 2017.{{cite news |url= http://fortune.com/2017/09/26/bass-pro-and-cabela-merger/ |title= Bass Pro Just Completed a $4 Billion Deal to Buy Cabela's |author= Hallie Detrick |publisher= Fortune |date= September 26, 2017 |access-date= December 20, 2018}} The two brands have a few things in common: they were founded around the same theme and both brand’s store locations were designed to deliver a “destination-like” shopping experience.{{Cite web |title=Bass Pro Shops completes $5B Cabela's acquisition |url=https://www.retaildive.com/news/bass-pro-shops-completes-5b-cabelas-acquisition/505942/ |access-date=2024-02-13 |website=Retail Dive |language=en-US}} Cabela’s and Bass Pro Shops locations have also doubled as wildlife exhibits and draw in many tourists.{{Cite news |last=Helliker |first=Sara Germano and Kevin |title=Bass Pro Shops to Acquire Cabela’s |url=https://www.wsj.com/articles/bass-pro-shops-to-acquire-cabelas-1475500278 |access-date=2024-02-13 |work=WSJ |language=en-US}}{{Cite web |last=Schneck |first=Marcus |date=2009-11-22 |title=Central Pennsylvania's super-aquariums: A new Nature's Navigator |url=https://www.pennlive.com/wildaboutpa/2009/11/central_pennsylvanias_super-aq.html |access-date=2024-03-29 |website=pennlive |language=en}}{{Cite web |last=Upholt |first=Boyce |date=2022-08-10 |title=How the Bass Pro Shops Pyramid Became a Memphis Icon |url=https://www.outsideonline.com/culture/essays-culture/bass-pro-shops-pyramid-memphis/ |access-date=2024-02-13 |website=Outside Online |language=en-US}}{{Cite web |last=Ness |first=Jake Van |date=2023-03-13 |title=Bass Pro Shops Plans To Open Its Newest Store In Clifton Park, Its 4th In New York State |url=https://www.saratoga.com/saratogabusinessjournal/2023/03/bass-pro-shops-plans-to-open-its-newest-store-in-clifton-park-its-4th-in-new-york-state/ |access-date=2024-03-29 |website=Saratoga Business Journal |language=en-US}} A Cabela’s in Michigan saw 6 million visitors a year and was the state’s largest tourist destination.
Sponsorships
Cabela's Legendary Adventures sponsored Richard Childress Racing driver Daniel Hemric during the 2019 Monster Energy NASCAR Cup Series in partnership with Bass Pro Shops.{{Cite web |title=Jayski's Silly Season Site |url=https://www.jayski.com/paint-schemes/cup-series-paint-schemes/2024-nascar-cup-series-19-joe-gibbs-racing-paint-schemes/}}{{Cite web |title=Richard Childress Racing Continues Longtime Partnership with Johnny Morris and Bass Pro Shops in 2018 to Celebrate Cabela's - Bill Dance Outdoors |url=https://www.billdanceoutdoors.com/news__2.php?selected=1&news=238 |access-date=2024-03-29 |website=www.billdanceoutdoors.com |language=en}} Cabela's previously had a deck lid space on Martin Truex Jr.'s Bass Pro Shops car, now a logo on his race suit. They co-sponsor the No. 31 car driven by Ryan Newman.{{Cite web |date=2017-12-14 |title=Bass Pro, Cabela’s branding to appear together in NASCAR |url=https://sbj.net/stories/bass-pro-cabelas-branding-to-appear-together-in-nascar,56768 |access-date=2024-03-29 |website=Springfield Business Journal |language=en}}{{Cite web |title=Truex Jr. and Newman to Pilot Bass Pro/Cabela’s Racecars with Patriotic Salutes at Daytona {{!}} Outdoor Wire |url=https://www.theoutdoorwire.com/story/41740707-b200-489a-bdd9-bc57a7400183 |access-date=2024-03-08 |website=www.theoutdoorwire.com}}
In 2019, Cabela’s became a sponsor of Project Childsafe, a National Shooting Sports Foundation program that promotes safe firearms handling and responsible storage.{{Cite web |last=estaff |date=2013-11-12 |title=Cabela's Partners With NSSF and Project ChildSafe to Promote Firearms Safety |url=https://www.gun-tests.com/news/gun-rights/cabelas-partners-with-nssf-and-project-childsafe-to-promote-firearms-safety-2/ |access-date=2024-03-29 |website=Gun Tests |language=en-US}}{{Cite web |date=2019-03-26 |title=Bass Pro Shops and Cabela’s Becomes Premier Sponsors of NSSF’s Project ChildSafe |url=https://professionaloutdoormedia.org/story/bass-pro-shops-and-cabelas-becomes-premier-sponsors-of-nssfs-project-childsafe/ |access-date=2024-03-26 |website=POMA |language=en-US}} Cabela’s has also been the official retailer of SHOT Show Industry Day at the Range.{{Cite web |title=Cabela’s Renews Contract as Official Retailer of SHOT Show Industry Day at the Range |url=https://www.outdoorhub.com/pr/2014/08/20/cabelas-renews-contract-official-retailer-shot-show-industry-day-range/ |access-date=2024-03-26 |website=OutdoorHub |language=en-US}}
Other sponsorships include Safari Club International,{{Cite web |last=Advocacy |first=S. C. I. |date=2021-07-28 |title=Bass Pro Shops and Cabela's Continues its Sponsorship of Safari Club International |url=https://safariclub.org/bass-pro-shops-and-cabelas-continues-its-sponsorship-of-safari-club-international/ |access-date=2024-03-26 |website=Safari Club |language=en-US}} National Archery in the Schools Program,{{Cite web |last=Wisconsin |first=Waldo |date=July 22, 2020 |title=Bass Pro Shops and Cabela’s become Corporate Sponsor of the 2021 NASP® Educator and Coaches Conference |url=https://www.naspschools.org/bass-pro-shops-and-cabelas-become-corporate-sponsor-of-the-2021-nasp-educator-and-coaches-conference-july-23-24-2021/}} Project Childsafe,{{Cite web |last=Cassidy |first=Daphane |date=2019-03-26 |title=Bass Pro Shops and Cabela's Becomes Premier Sponsors of NSSF's Project ChildSafe |url=https://www.nssf.org/articles/bass-pro-shops-cabelas-becomes-premier-sponsors-nssfs-project-childsafe/ |access-date=2024-03-29 |website=NSSF |language=en-US}} & the Catch a Dream Foundation.{{Cite web |title=Presenting Sponsor: Bass Pro Shops/Cabelas – Catch-A-Dream Bass Classic |url=https://bassclassic.catchadream.org/2019/03/01/presenting-sponsor-bass-pro-shops-cabelas/ |access-date=2024-03-26 |language=en-US}}{{Cite web |title=Cabela’s Outdoor Fund Supports Fishing Education Fund with $75,000 Grant |url=https://news.takemefishing.org/Cabelas-Outdoor-Fund-supports-Education-Fund |access-date=2024-03-29 |website=RBFF Press Room |language=en}}
Outreach
Cabela’s works with different organizations focused on military and Veteran support and conservation.{{Cite web |last=Christian |first=Bruce |date=2021-11-10 |title=Bass Pro Shops, Cabela’s Honor US Veterans |url=https://insideoutdoor.com/bass-pro-shops-cabelas-honor-us-veterans/ |access-date=2024-03-05 |website=Inside Outdoor Magazine |language=en-US}}
= Military and Veteran Support =
Cabela’s has supported Helping a Hero, Folds of Honor,{{Cite web |last=Christian |first=Bruce |date=2021-11-10 |title=Bass Pro Shops, Cabela’s Honor US Veterans |url=https://insideoutdoor.com/bass-pro-shops-cabelas-honor-us-veterans/ |access-date=2024-03-29 |website=Inside Outdoor Magazine |language=en-US}}{{Cite web |title=Cabela's in Augusta decorates for Memorial Day, honors employees who served |url=https://www.augustachronicle.com/story/news/local/2023/05/29/cabelas-in-augusta-decorates-for-memorial-day-honors-veterans-georgia-bass-pro-shops/70265296007/ |access-date=2024-03-21 |website=The Augusta Chronicle |language=en-US}} All Secure Foundation, and Hiring a Hero.{{Cite web |date=June 1, 2023 |title=Cabela's salutes four local Veterans this Memorial Day |url=https://www.suntelegraph.com/home/cms_data/dfault/photos/stories/id/6/4/18464/2308384.pdf}}{{Cite web |author=Daily News Staff |date=2023-05-25 |title=Cabela’s doubles Legendary Salute discount ahead of Memorial Day |url=https://www.gmtoday.com/daily_news/business/cabela-s-doubles-legendary-salute-discount-ahead-of-memorial-day/article_485186ea-4ed9-50f4-a720-54150760da65.html |access-date=2024-03-29 |website=Greater Milwaukee Today |language=en}}
== Proud Veteran Outfitter Vest Program ==
In 2023, Bass Pro Shops and Cabela’s started the Proud Veteran Outfitter Vest Program and provided Veteran Outfitters (those who work at Bass Pro Shops and Cabela’s) with vests they can wear to work that include their name, military branch and rank, and the U.S. flag.{{Cite web |title=Sidney Sun-Telegraph |url=https://www.suntelegraph.com/home/cms_data/dfault/photos/stories/id/6/4/18464/2308384.pdf}} The vests were presented during a ceremony that recognized each veteran.
== Legendary Salute Discount ==
The Legendary Salute Discount is Cabela’s and Bass Pro Shops’ discount program and offers a 10% discount on most things in the stores to active military, veterans, retirees, guard, reservists, law enforcement officers, firefighters, paramedics and wildlife agents.{{Cite web |last=Ousley |first=Jeff |date=2023-06-07 |title=Cabela’s and Bass Pro Shops Military Discount |url=https://veteran.com/cabelas-and-bass-pro-shops-military-discount/ |access-date=2024-03-28 |website=Veteran.com}}{{Cite web |author=Daily News Staff |date=2023-05-25 |title=Cabela’s doubles Legendary Salute discount ahead of Memorial Day |url=https://www.gmtoday.com/daily_news/business/cabela-s-doubles-legendary-salute-discount-ahead-of-memorial-day/article_485186ea-4ed9-50f4-a720-54150760da65.html |access-date=2024-03-28 |website=Greater Milwaukee Today |language=en}}
= Conservation =
== Bass Pro Shops and Cabela’s Outdoor Fund ==
The Outdoor Fund is a 501(c)(3) nonprofit.{{Cite web |last=HLNews |date=2021-04-26 |title=Johnny Morris Bass Pro Shops and Cabela’s Outdoor Fund Awards $300K Grant to The National Wild Turkey Federation |url=https://huntinglife.com/johnny-morris-bass-pro-shops-and-cabelas-outdoor-fund-awards-300k-grant-to-the-national-wild-turkey-federation/ |access-date=2023-12-11 |website=HuntingLife.com |language=en-US}} Customers at Bass Pro Shops and Cabela's can donate to it by choosing to round up their purchases to support different conservation partners and projects.
Partners and recipients of donations include:
- Casting for Recovery{{Cite web |last=Banner |first=Bennington |date=2014-12-16 |title=Casting for Recovery names Cabela's Outdoor Fund as national sponsor |url=https://www.benningtonbanner.com/archives/casting-for-recovery-names-cabelas-outdoor-fund-as-national-sponsor/article_d4010eaa-05b0-57e9-b3e0-28fd577159a1.html |access-date=2024-03-28 |website=Bennington Banner |language=en}}
- The Coastal Prairie Conservancy{{Cite web |last=Kent |first=Roy |date=2022-11-10 |title=Bass Pro Shops and Cabela’s Outdoor Fund joins the Coastal Prairie Conservancy to preserve the Texas coastal prairie |url=https://www.houstonchronicle.com/neighborhood/katy/article/Bass-Pro-Shops-Cabela-s-Outdoor-Fund-help-17574859.php |access-date=2024-02-01 |website=Houston Chronicle |language=en}}
- Elks PTSD Veteran’s Fly Tying and Casting Program{{Cite web |title=Cabela's boosts veterans fly tying program at university {{!}} The Spokesman-Review |url=https://www.spokesman.com/blogs/outdoors/2017/mar/27/cabelas-boosts-veterans-fly-tying-program-university/ |access-date=2024-03-28 |website=www.spokesman.com}}{{Cite web |title=Cabela's boosts veterans fly tying program at university {{!}} The Spokesman-Review |url=https://www.spokesman.com/blogs/outdoors/2017/mar/27/cabelas-boosts-veterans-fly-tying-program-university/ |access-date=2024-03-29 |website=www.spokesman.com}}
- Farmers and Hunters Feeding the Hungry{{Cite web |last=HLNews |date=2022-11-02 |title=Hunger Relief Grant from Bass Pro Shops and Cabela's Outdoor Fund |url=https://huntinglife.com/hunger-relief-grant-from-bass-pro-shops-and-cabelas-outdoor-fund/ |access-date=2024-03-26 |website=HuntingLife.com |language=en-US}}
- Forests Ontario{{Cite web |last=Canada |first=Outdoor |date=2022-10-18 |title=Cabela’s and Bass Pro Shops customers donate $100,000 to conservation fund • Outdoor Canada |url=https://www.outdoorcanada.ca/cabelas-and-bass-pro-shops-customers-donate-100000-to-conservation-fund/ |access-date=2024-03-28 |website=Outdoor Canada |language=en-CA}}
- The George H.W. Bush Vamos A Pescar Education Fund{{Cite web |title=Cabela’s Outdoor Fund Supports Fishing Education Fund with $75,000 Grant |url=https://news.takemefishing.org/Cabelas-Outdoor-Fund-supports-Education-Fund |access-date=2024-03-28 |website=RBFF Press Room |language=en}}
- Jonathan Dickinson State Park.{{Cite web |last=Dove |first=Patrick |title=2,500 bald cypress trees will be planted along the Loxahtatchee River |url=https://www.tcpalm.com/picture-gallery/news/local/martin-county/2021/09/29/2-500-bald-cypress-trees-planted-along-loxahtatchee-river/5844658001/ |access-date=2023-12-11 |website=Treasure Coast |language=en-US}}
- Kentucky State Police - Trooper Island (free children's summer camp){{Cite web |last=Staff |first=WBKO News |date=2022-05-18 |title=Kentucky State Police receives $1,000 donation from Cabela’s |url=https://www.wbko.com/2022/05/18/kentucky-state-police-receive-1000-donation-cabelas/ |access-date=2024-03-28 |website=www.wbko.com |language=en}}
- National Archery in the School Program (NASP){{Cite web |last=Ladd |first=Jessica |date=2020-11-21 |title=Bass Pro Shops and Cabela’s Outdoor Fund issues $100,000 grant to NASP |url=https://www.kfvs12.com/2020/11/21/bass-pro-shops-cabelas-outdoor-fund-issues-grant-nasp/ |access-date=2023-12-11 |website=www.kfvs12.com |language=en}}
- The National Wild Turkey Federation{{Cite web |date=2021-04-23 |title=Bass Pro Shops, Cabela’s award $300K for national conservation efforts |url=https://www.ky3.com/2021/04/23/bass-pro-shops-cabelas-award-300k-for-national-conservation-efforts/ |access-date=2024-03-29 |website=KY3|language=en}}
- Outdoors Tomorrow Foundation{{Cite web |date=2021-05-30 |title=Bass Pro and Cabelas Team With Outdoors Tomorrow {{!}} Bass Angler Magazine |url=https://bassanglermag.com/bass-pro-and-cabelas-team-with-outdoors-tomorrow/ |access-date=2024-03-26 |language=en-US}}
Video games
{{See also|List of Cabela's video games}}
Cabela's has produced several series of video games for a variety of gaming platforms, including Cabela's Legendary Adventures, Cabela's Big Game Hunter series, Cabela's Dangerous Hunts series, and Cabela's Outdoor Adventures series.
Banking and finance
Founded in 2001, the World’s Foremost Bank is a subsidiary of Cabela’s.{{cite web |last=Staff |title=Commercial Banks; Company Overview of World's Foremost Bank |url=http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=24792225 |url-status=dead |archive-url=https://archive.today/20130901074938/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=24792225 |archive-date=September 1, 2013 |access-date=December 16, 2013 |publisher=Bloomberg Business}} It is based in Sidney, Nebraska.{{Cite web |date=2018-08-17 |title=Cabela's Military Discount {{!}} WeSalute |url=https://www.wesalute.com/offers/cabelas-military-discount |access-date=2024-03-26 |website=www.wesalute.com |language=en}}
The subsidiary consisted of a single-branch bank with a deposit market share in the state of Nebraska of just under 1.2 percent, with $505 million in deposits as of 2011.{{cite web |last=Henderson |first=Tom |date=March 9, 2011 |title=Who's world's foremost bank? Not World's Foremost Bank – Cabela's Visa rewards program goes awry |url=http://www.crainsdetroit.com/article/20110309/STAFFBLOG07/110309908/whos-worlds-foremost-bank-not-worlds-foremost-bank-cabelas-visa |access-date=September 1, 2013 |publisher=Crain's Detroit Business}} At the end of 2012, the bank claimed to have $3,731,567,000 in assets.{{cite web |last=Staff |title=About Us |url=https://www.wfbcds.com/aboutus.jsp |url-status=dead |archive-url=https://web.archive.org/web/20131216053920/https://www.wfbcds.com/aboutus.jsp |archive-date=December 16, 2013 |access-date=December 16, 2013 |publisher=wfbcds.com}} Sean Baker was appointed president of World's Foremost Bank and chief executive officer on January 1, 2013. Baker replaced Joseph M. Friebe, whose planned retirement was announced in June 2012.{{cite web |title=Company Overview of World's Foremost Bank |url=http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=24792225 |url-status=dead |archive-url=https://archive.today/20130901074938/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=24792225 |archive-date=September 1, 2013 |access-date=September 1, 2013 |publisher=BusinessWeek}}
= 2011 FDIC settlement =
In 2011, Cabela’s World’s Foremost Bank agreed to pay $10.1 million in restitution and a $250,000 fine as part of a settlement agreement with the Federal Deposit Insurance Corporation (FDIC).{{Cite web |last=Oregonian/OregonLive |first=Laura Gunderson {{!}} The |date=2011-03-09 |title=Cabela's agrees to change its credit card practices |url=https://www.oregonlive.com/windowshop/2011/03/cabelas_agrees_to_change_its_c.html |access-date=2024-03-26 |website=oregonlive |language=en}} The bank did not admit any wrongdoing in the agreement, but did agree to change certain practices.{{cite web |last=Staff |title=CONSENT ORDER AND ORDER TO PAY FDIC-10-775b FDIC-10-777k In the Matter of WORLD'S FOREMOST BANK SIDNEY, NEBRASKA |url=http://www.fdic.gov/news/news/press/2011/pr11053a.pdf |access-date=December 16, 2013 |publisher=fdic.gov}}
= 2011 Royal Bank of Canada loan =
The Bank entered into a $411.7 million commitment with the Royal Bank of Canada under a series of variable funding notes issued by Cabela's Credit Card Master Note Trust. The loan is for three years and accrues interest at a variable rate of commercial paper plus a spread.
= 2017 World’s Foremost Bank Sale & Capital One =
As part of the merger with Bass Pro Shops, Cabela's sold the World's Foremost Bank aspect of their business, including over $1 billion in assets, to Synovus Financial Corp. and Capital One Financial Corp.{{Cite news |last=Kent |first=Roy |title=Bass Pro Shops and Cabela’s Outdoor Fund joins the Coastal Prairie Conservancy to preserve the Texas coastal prairie |url=https://www.houstonchronicle.com/neighborhood/katy/article/Bass-Pro-Shops-Cabela-s-Outdoor-Fund-help-17574859.php |access-date=2024-03-26 |work=Houston Chronicle |language=en}} After the deal was completed, Synovus planned to sell the credit card assets and related liabilities to Capital One Bank (USA) NA.{{cite web |last=Detrick |first=Hallie |title=Bass Pro Just Completed a $4 Billion Deal to Buy Cabela's |url=https://fortune.com/2017/09/26/bass-pro-and-cabela-merger/ |access-date=June 27, 2020 |publisher=Fortune}}
See also
{{portal|Companies|Sports}}
{{div col|colwidth=30em}}
- Academy Sports + Outdoors
- Bass Pro Shops
- Dick's Sporting Goods
- Legendary Whitetails
- Scheels
- Sportsman's Warehouse
- List of S&P 400 companies
- List of Nebraska companies
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References
{{reflist}}
External links
{{Commons category}}
- [http://www.cabelas.com/ Official website]
Category:Companies formerly listed on the New York Stock Exchange
Category:American companies established in 1961
Category:Retail companies established in 1961
Category:1961 establishments in Nebraska
Category:Companies based in Nebraska
Category:Online retailers of the United States
Category:Sporting goods retailers of the United States
Category:Cheyenne County, Nebraska