SIDNEY, Neb. – Nov. 2, 2006 – Cabela’s Incorporated (NYSE: CAB), the World’s Foremost Outfitterâ of hunting, fishing and outdoor gear, announced today it hopes to bring one of its famous Cabela’s retail stores to its thousands of loyal customers in northern Idaho.
“We are very close to finalizing negotiations on this new store in Post Falls,” said Dennis Highby, Cabela’s President and Chief Executive Officer. “Idaho has been a great supporter of Cabela’s for many years through our catalogs and Internet site as well as our new Boise store, and we look forward to bringing the impressive Cabela’s retail store experience to the hundreds of thousands of outdoorsmen and women in northern Idaho and the surrounding the region who, like us, are passionate about the outdoors.”
Cabela's projects the approximately 125,000-square-foot retail showroom could be completed as early as fall of 2007. The Post Falls store would be Cabela’s second in Idaho. Cabela’s opened a retail store in Boise, their first in Idaho, in August of this year.
“Cabela’s will be the showcase anchor for the premier retail shopping center we are planning along the I-90 corridor between Coeur d’ Alene, Idaho, and Spokane, Washington,” said Jeff Vitek, president of Foursquare Properties, Inc. “This development could not have been possible without the vision, inspiration and hard work of the Cabela’s team. Foursquare is honored to have been designated as one of Cabela’s preferred developers for the Western United States.”
The new retail store would be part of The Pointe at Post Falls, an 800,000-square-foot-shopping center located at Exit 299 off Interstate 90 and East Appleway Ave. near the Washington/Idaho State line.
The Post Falls Cabela’s would be built in Cabela’s trademark style that evokes the feeling of the outdoors. Cabela’s stores are known as top-notch educational and entertainment attractions, mixing a décor of museum-quality animal displays with colorful dioramas, huge aquariums stocked with native fish and a centerpiece indoor mountain displaying trophy animals interacting in realistic re-creations of their natural habitats.
“I know there will be thousands of outdoor sports enthusiasts, including myself, who will be chomping at the bit for the grand opening next fall,” said Clay Larkin, Mayor of Post Falls. Larkin added that Cabela’s customers will travel from nearby states including Washington and Montana, and even Canada, for the experience of shopping at Cabela’s.
Cabela’s expects to employ 250 people from the surrounding area. They will join the Cabela’s family of employees who are famous for delivering excellent customer service, living the outdoor lifestyle and possessing an extensive knowledge of the outdoors and outdoor gear. Product offerings will include hunting, fishing, camping, hiking, boating and other outdoor gear, as well as outdoor clothing and outdoors-styled gifts and furnishings.
“Cabela's decision to locate a regional store in Post Falls further strengthens our economic future and recognizes the importance of our region,” said Jim Hammond, the former Post Falls city manager who has been involved with the project since inception. “Cabela's will anchor a major retail center, bringing jobs and economic development to Post Falls. We look forward to making them a part of our retail community.”
Cabela’s currently operates 18 retail locations. In 2006, the company has opened retail stores in Glendale, Ariz.; Boise, Idaho; Richfield, Wis., and La Vista, Neb. Cabela’s has announced plans to open additional stores in East Hartford, Conn.; Hammond, Ind.; Hoffman Estates, Ill.; Gonzales, La.; Hazelwood, Mo.; Reno, Nev.; East Rutherford, N.J.; Adairsville, Ga.; Montreal, Quebec; and Wheat Ridge, Colo.
Innovatively designed and showcasing thousands of products from Cabela’s world-famous catalogs, the stores are known as shopping and tourism destinations, drawing customers not only from the local area, but also from hundreds of miles away as well as from across the nation. Many traveling sportsmen and women are also attracted by the familiar Cabela’s script logo and the company’s world-famous reputation for quality merchandise, value and extraordinary customer service.
Features of the Cabela’s Post Falls, Idaho, store would include:
A towering mountain replica, the centerpiece of the store’s open showroom, with running waterfalls and streams, a trout pond and trophy animals in re-creations of their distinct habitats. Similar mountains, each called Conservation Mountain, have been built in other Cabela’s stores as monuments to wildlife and salutes to the sportsmen and women who support wildlife conservation.
A gigantic freshwater aquarium stocked with fish native to the area.
Museum-quality representations of many wild-game species.
A deli-style restaurant will feature delicious wild-game sandwiches, as well as tamer fare.
World-class Gun Library, providing gun collectors and aficionados the opportunity to browse through a collection of fine examples of the gun-making art.
Indoor archery range where archers can test and fine-tune their equipment.
Bargain Cave, featuring discount prices on returned and discontinued merchandise.
A sun-drenched atrium interior featuring authentic fieldstone accents and wood furnishings.