Not a question KB, a statement.
These merger/acquisition/buyout press releases are full of lies.
Copy such as 'dedicated to serving the outdoor sportsman' or 'growing the Cabela's brand' or 'retaining the wonderful people of Sidney, Nebraska' are just smoke in your face.
It's a corporate shakeup, brought on by 'under performance' of Cabela's of late. Note they are not losing money, just not making quite what their creditors and investors feel entitled to make. This makes them low hanging fruit for a streamlining merger.
Sidney is doomed. Prices at this new mega-chain will jump. People will lose jobs.
Economies of scale will still make it impossible for small operations to effectively compete. The big operations set the prices. If the Walmart experience has taught us anything, it's taught us that.
The future remains mail order, or to be more precise internet driven sales. Remember Cabela's bought Gander Mountain's mail order operation years ago. They do a lot of business that way and Bass Pro has never been price competitive with them. I suspect the prices will shortly be identical, and you can bet they will not be the lower of the two!
lonesome indirectly brings up an interesting question... with the recent financial suicide in the UK, has it now become feasible for Eley Hawk to find a US importer for shotshells?
