Posted by Tom in NE on January 05, 2016 at 06:38:50 from (74.32.237.85):
In Reply to: Fleet Farm Sold posted by wi_buff_farmer on January 05, 2016 at 05:31:30:
It is surely an eerie feeling for all the employees. The local news in Nebraska said that Cabela's is going to be to announcing a decision this week about the future of the Sidney, NE company. What hurt Cabela's was issuing public stock and to generate all that money to build all those stores in recent years. Same store sales are down drastically. People used to drive hundreds of miles to visit one of the Cabela's. Now they have stores that are closer and the old stores aren't selling near the amount they used to. I haven't heard how their catolog sales are doing? I remember when Cabela's was in an old school in downtown Sidney. Now it's by the interstate and gigantic. Through the years they sold small log cabins that they had displayed on their lot, bicycles with Cabela's stamped on them and recently got into the tractor sales business. Some company that is putting up another new motel by the Cabela's there has stopped construction on the motel pending the upcoming annoucement.(As if they even needed another new motel out there.)
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