https://www.foxnews.com/us/paul-singer-sidney-nebraska-cabelas-bass-pro-shops-merger

Admirable!

Despite all of this, Sen. Ben Sasse, R-Neb., has never commented on what happened to Sidney. Tucker Carlson Tonight reached out to his office to see if the senator has ever remarked on the Cabela’s merger and received no response. No comments are available online.

Sasse, like many other Republicans, is a recipient of Singer’s cash. The hedge fund owner gave the maximum donation to Sasse’s 2014 campaign.


wasn't he the next best guy to Ronald Reagan for some on here a few years back?

If this Singer guy is as bad as he sounds, Tucker has two big brass balls.

Here I thought it was Johnny Morris that needed the kick in the nuts, well he does, but he ain't alone....

Tucker is fearless. He can’t last. He is too smart and too effective.

Is Singer Catholic?? Asking for a friend.....

What does he care about the low Goyim in a small town in Nebraska?

Capitalism?

I used to shop at Cabela's quite a bit. I have a lot of gear and clothing that has the Cabela's logo on it and lotsa name-brand stuff that doesn't, especially their cold weather clothing. After the merger, the quality and selection of gear at Cabela's dropped off while the price went up. I rarely go there now unless I'm looking for something I can't find at Sportsmans Whorehouse or one of the local stores when I'm out on the road system.





Sounds like another candidate for shoving into an oven and turning the gas on.

Sasse is gamma beotch.

Showed his hand / behavior early on....

The real issue is Cabelas was mis managed, lost their business, got purchased and is now being downsized.
I feel sorry for the people in Sydney.

This. Fughk J Morris and the Jew Singer.

Wrong. Bass Pro specialized in cheap chitt Chinese copy cat merchandise and folks bought the cheap crap and left Cabelas for it. They undercut Cabelas with inferior quality stuff and drove Cabelas down.

The masses voted with their wallets. I much preferred Cabela's, now not so much.

i haven't been in cabelas since the completion of the merger.

Back in the summer made a trip through Cabelas in Gonzales, la.

I’d stop there once a hunting season while heading home from offshore. Couple years,ago it was a great store.
Now, no bargain cave. A good portion of floor space is boats, stuff taking up space. I like the cavelas branded clothes. Not much of that left. Store had a empty feeling.


Told the gal at the checkout, it just isn’t the same. She said we get that a lot now.

Now that this prick has been exposed maybe things will change. This is who the media should be hounding instead of Trump.

You may be right.
But before Cabelas started their slide, I did not know a guy, and I know a lot of sportsmen, that preferred BP over Cabelas. And that is for the reason you stated, BP stuff was low quality junk.

I always got the impression that Cabela’s “spec-ed” much of their hunting clothing. OTOH, BPS just kinda slaps their Redhead name on whatever junk they find, and calls it good.

May or may not be true, but it feels that way. Difference between an “outfitter” and a “retailer”...

They see the writing on the wall. Brick and mortar stores across the nation are slowly dying. They are listed as "dead stocks" for investors and most of them , with a few exceptions like Walmart, are struggling. Mergers are a symptom of the new retail climate. Mainstays like J C Penney's are just hanging on by their fingernails compared to 30 years ago..

According to the video, if you watched it, Cabelas was making 2B a year on 4B in sales. That's far from fading or failing. They were forced into selling because they didn't have the nads to tell Singer to fug off.

Title of the story:
"The death of Sidney, Nebraska: How a hedge fund destroyed 'a good American town'"

Go back to the mid 80's. Change town name to Scotia California. Company named Palco, bought out by Maxxam Holding Company.



Probably happens more frequently than we hear about.

Geno

Furthermore, that Singer guy doesn't seem to know he's supposed to be a Bolshevik.

Haven't bought anything there in a couple of years. Never seem to have the powder, bullets, primers that I'm looking for. Prices seem to be a little high, too.

Firearms have locks on the triggers and low inventory, usually. Makes one wonder if the place is going out of business...soon.

Sometimes you talk with someone that is knowledgeable, but that is exceptional.

Background procedure when buying firearms seems to be the slowest.

Oh, he knows.

He's just a Capitalist Bolshevik.

Geno

I rarely buy any thing from pro bass. To me it's like Big Five on steroids. I miss Cabelas.

Neither are or were worth the effort to drive to... and Cabela's is in reasonable walking distance from my house. Cabela's had some fantastic sales a few times and I will miss that. Actually they just had M&P Shields in 40S&W for $180 and I almost bought one because it was a good deal...

Remember it and the situation well, Scotia is just 20 minutes down the road.

I was a satisfied Cabela’s customer starting in ‘84, shopping by catalog and phone. I remember visiting Sydney 20yrs later, and it was incredible. I think I was there for six hours.

The BPS buyout has ruined the company and other than sitting on a large pile of CC points, I have no interest in shopping there anymore. I didn’t realize there was a greedy POS to blame. I thought it was just kids or grandkids that inherited and cashed out.

So there's the Bass Pro part in all of this. One promising busisness model was to let Cabella's run itself as an upscale alternative it Bass Pro. Cover the entire market, no question that Cabella's had better product lines and better service. and was profitable. But nooo, the geniuses had to tear Cabellas down to Bass Pro Levels. Wait for the name change when customers realize the name Cabella's means nothing.

This same corporate raider operations were going on in the 1970s, Romney was said to have been involved. Now corporate takovers can be done right and that's the way Romney was supposed to have done it. But generally I hate this [bleep], can you tell?

Bass Pro having such a large percentage of the big box store retail market share is not beneficial for the hunting industry as a whole. It's similar to years ago when Walmart
discontinued the sale of guns in about half of their stores which forced the sale of Remington as Remington had to have the Walmart gun sales volume to survive.

When Walmart made the announcement of not selling guns in half their stores, I said there goes Remington. A new investment group bought Remington and we all know what happened to the gun product "Quality' from the sale to present.

Correct. Dick and Jim Cabela took it public in 04 to get money to expand. At that point it's no longer "your business" it belongs to you and your investors and the parts are not equal.

In 2007 they bought S.I.R. Warehouse in Canada and did the same thing that Bass Pro is being accused of. Kept the store and fired the mgt there. They fought and lost the retail battle to Bass Pro and ended up getting bought. Nothing personal. It's business.

I miss the original family owned Cabela's too. I've been shopping with them for 40+ years but this is the way things go. We're not particularly better off for it but there is little to do to stop it once a company decides to go public.

I used to drive up to that one to kill time on a regular basis. It's dog friendly, so it was a decent way to kill half of a bad weather day and get Shadow out of the house. I'd find something to buy almost every time. I won't make that trip anymore. Unless I am passing by it for some reason or another I won't stop. Most of the time I pass by it, I don't bother. The gun library can still have some interesting stuff.

Baine Capital. There is no defense of these money changers.

Dunno, that's after I studied this sort of thing. But there are case studies where hostile takeovers have saved mismanaged companies, mismanaged to the point of complete failure.

Yep. Businesses come and go.

I see Cabela's as a complete failure. The Cabela's that I knew and loved no longer exists. Used to enjoy making an afternoon outing to their store in Delaware; now it's not worth the bridge toll. I bought an Alaskan Guide tent ($$$), in part because of Cabela's lifetime warranty. Now the warranty is Charmin.

While agree with general view of the old Cabelas offering more quality than BPS, I think the real killer for Cabelas was the move to widespread brick and mortar stores at a time when the whole model was under going decline. The expansion cost a lot and weakened them when becoming a better internet retailer might have been a better strategy.

I should add that I never was in love with Cabelas, but they were at least worth a shot. I never have been a BPS fan at all. Cabelas went from being worth a shot to just another Bass Pro Shop that's not worth walking into.

Someone want to explain to me how this is Ben Sasse fault? Sidney wasn't much before Cabela's and that's what it will be after.

Seems to me that Cabela's would have been better off staying family owned. I liked it when it was. Better stuff and a better variety of stuff. Shows that bigger is not always better. I'm sure Dick and Jim banked a nice check. Comes a time to cash out.

I shared a camp with Mary and Dick Cabela in RSA some years ago. Nice people and avid, avid hunters. They tested much of the gear they sold in there stores.

This is exactly it!

That would be Tommy Milner...he wanted his buy out!

This was my thinking also.Never knew of this Singer guy.

If Bass Pro is as bad as we think, and it is that bad, or worse, someone someplace will pop up to challenge them, and likely be successful at it. Happens all the time.

FWIW, it felt and still feels like Cabelas, which started as a catalog retailer, should have been extremely well positioned to enter the world of internet shopping. How many of us, their mainstay customers, like to shop? Not very many. Too many stores built in too many places it seems to me. Wonder whose brilliant idea that was.

https://www.angling-international.com/former-cabelas-employees-open-new-outdoor-business/



When Gander Mountain was in trouble, wasn't Cabelas the one to buy the catalog portion, which I assume included online?

Cabelas killed themselves.....so Bass Pro is the bad guy for scooping up their debt and trying to right the ship?

Funny

I tried to shop at Cabelas the last few years, and I left the last 5 times with nothing. I had a handful of gift certificates, and nothing was interesting. I sold my gift cards on the classified section.
It is two hours from my house, but if I am down that way, I never stop in.

You prove post after post that your an idiot and have 0 clue of what your talking about. At least your consistent!! That is not what happened in the least!