TTN- Bass Pro Shops has bought Cabela’s for $5.5 billion. The two outdoor retailer giants can now better position themselves against lower cost dealers like Wal Mart and online retailers like Amazon. We have heard that the strong point of sales for the companies is firearms over the last few years, as clothing and other sales have flattened out.
The sale price is almost twice as much the original asking price. It remains to be seen if Bass Pro can recoup that staggering payout.
It appears as if Cabela’s will continue to build new stores in 2017, with as many as 7 slated to open. This will keep pumping money into the taxidermy industry as the 7 stores account for hundreds of new mounts and habitat displays.
Bass Pro and Cabela’s provide another important service to the taxidermy industry….they inspire countless sportsmen to increase their personal taxidermy displays. Hopefully taxidermy mounts will continue to be a fixture in their stores into the future.