Cabela’s Announces Plans for Springfield, Oregon Retail Store

Cabela’s Announces Plans for Springfield, Oregon Retail Store
Store will anchor Gateway Mall; anticipated opening in early spring 2011.

SIDNEY, Neb. –-(AmmoLand.com)- Cabela’s Incorporated (NYSE: CAB) and General Growth Properties (NYSE: GGP) announced today plans to bring the Cabela’s retail experience to loyal customers in Springfield, Ore., and the surrounding area.

Cabela’s expects to open the Springfield store in early spring of 2011. The 58,000-square-foot store will anchor the west side of Gateway Mall at 3000 Gateway Street in retail space previously occupied by Ashley Furniture. It will be Cabela’s first retail store in Oregon.

The building’s exterior will reflect Cabela’s traditional store model, while the inside will highlight the company’s next-generation layout, which includes an aquarium, conservation-themed wildlife displays and trophy animal mounts. The store will also have a Gun Library, Fly-Fishing Shop, General Store and Bargain Cave. Construction is expected to start in mid-August 2010.

“Oregonians have a rich tradition of enjoying the outdoors,” said Cabela’s Chief Executive Officer Tommy Millner. “Fishing, hunting and wildlife viewing activities are a way of life for folks who live along the I-5 Corridor and throughout the state. We’re thrilled Springfield will be the location of Cabela’s first store in Oregon.”

Cabela’s expects to attract Oregon residents, as well as the many travelers who come to take advantage of the region’s abundant sporting opportunities. Showcasing thousands of products, including hunting, fishing, camping, hiking, boating and wildlife watching gear, as well as outdoor clothing and outdoor-themed gifts and furnishings, the company is famous for its strong brand and world-famous reputation for quality merchandise, value and legendary customer service.

Cabela’s typically attracts passionate outdoorsmen and women, who join the Cabela’s family of employees famous for their excellent customer service, outdoor lifestyle and detailed knowledge of outdoor products.

“We’re excited to be a part of the Springfield community,” said Millner. “We have an outstanding customer base in the area and we expect to employ an equally exceptional local workforce.”

Gateway Mall, which opened in 1990, features a blend of retail shopping, entertainment and dining opportunities, including three department stores, an indoor children’s play area, 29 theater screens and an extensive selection of national retailers and restaurants. The mall features increased access via the area’s award-winning rapid transit system. For more information, please visit https://www.gatewaymall.com/.

About Cabela’s Incorporated
Cabela’s Incorporated & www.Cabelas.com is headquartered in Sidney, Nebraska, is a leading specialty retailer, and the world’s largest direct marketer, of hunting, fishing, camping and related outdoor merchandise. Since the Company’s founding in 1961, Cabela’s(R) has grown to become one of the most well-known outdoor recreation brands in the world, and has long been recognized as the World’s Foremost Outfitter(R). Through Cabela’s growing number of retail stores and its well-established direct business, it offers a wide and distinctive selection of high-quality outdoor products at competitive prices while providing superior customer service. Cabela’s also issues the Cabela’s CLUB(R) Visa credit card, which serves as its primary customer loyalty rewards program. Cabela’s stock trades on the New York Stock Exchange under the symbol “CAB.”