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Huckleberries Online

Cabela’s may be seeking buyer

Shirts hang on hangers at the Cabela's store in Lacey, Wash. Cabela’s announced today that it may sell all or part of itself as it looks to boost shareholder value. (AP Photo/Ted S. Warren, File)
Shirts hang on hangers at the Cabela's store in Lacey, Wash. Cabela’s announced today that it may sell all or part of itself as it looks to boost shareholder value. (AP Photo/Ted S. Warren, File)

Cabela's, the outdoor sporting goods chain known for its elaborate in-store wildlife displays, may be seeking a buyer. The retailer has been under pressure since late October when the investment firm Elliott Management started pushing for money-generating maneuvers from Cabela's, possibly the sale of its credit card unit or the entire company. Elliott owns 6 percent of Cabela's shares and holds options to buy another 5 percent. The company has been attempting to cut spending due to weak sales and in September it laid off 70 people, eliminating about 4 percent of its corporate workforce. Cabela's has its headquarters in Sidney, Nebraska, a town with a population of less than 7,000. Cabela's accounts for almost a third of that number in jobs/ABC News. More here.

Question: What was the last thing you bought at Cabela's, near State Line?



D.F. Oliveria
D.F. (Dave) Oliveria joined The Spokesman-Review in 1984. He currently is a columnist and compiles the Huckleberries Online blog and writes about North Idaho in his Huckleberries column.

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