It's the 4th quarter people! There will be very little boat rocking in this quarter. This is retail and the most important quarter of the year! Ya think Bass Pro is going to hack every one now? CAB's systems are different than Pro's. Why ditch those that know how to keep everything running in your most profitable quarter? Bass Pro has a plan. When they share it is another thing. If they don't have a plan, then--ouch! Cabela's is alive and functioning until BP dissolves the corporation--if ever. JM has a great opportunity to take the best people from both sides to meld into a new corporate group. 1st quarter next year is the troublesome quarter for corporate at least, but even then it depends upon how JM wants to treat CAB. Fold into BP or leave as a stand alone entity treated as a subsidiary of BP. There are a lot of different companies under the Cabela's umbrella. How did they function? In the end, next year or in two years, there will be one corporate group and that will be in Springfield.
23 replies (most recent on top)
Poster below....what are you talking about?
Your rambling post are very tedious.
Could we stick to the Cabela's situation? This is NOT all about you!
I am almost positive the poster who stated they worked at Cabelas for 24 years then turn around and attack them self with a smart add remark for working at Cabelas for 24 years. This makes a dangerous situation in Sidney even worst
Typing error, praise yourself,
I will give you a A plus for misleading people. First you post statements pretending to be other posters and priae your self, now you pretend to be another poster so you can turn around and attack the poster you are pretending to be, I guess this is important enough to you to devote so much effort for what I do not know.. I have tried to post informative posts on this site, I do know I have heard a lot of people give you a lot of credit for the doom at Cabelas and around the town of Sidney, you have been very good at what you have try to do.
If you had a valid argument, you certainly wouldn't need to resort to making personal insults. Nothing about this entire situation is personal. It's all about business- and now more than ever.
Just because you spent 24 in the DC pushing cardboard into the compactor doesn't make you an expert in mergers. And you said you have a degree in Business, but you couldn't figure out what Cabela's profit margin. What school gave you a Biz degree?
I don’t think the performance study was done specifically for a Bass Pro acquisition. However, it makes sense to me that the study indicated to Cabela’s brass that the organization was prime for a competitor takeover. Which is why the consultants came in and hundreds of cost saving initiatives were undertaken. It was just too little too late. Complete managerial ineptitude and extreme nepotism that could only be found in Sidney, NE ruined Cabela’s.
I think we can at least agree it is highly likely on paper Cabela's and bass pro will remain two different companies with the decisions made by the bass pro parent company for the near future or long term future. Bass pro however will make the decisions on how the company will run. However for accounting and inventory purposes I see a total nightmare if bass pro was going to say we are going to operate as one business on paper. Even at Cabela's you had a couple of extremely small businesses who Cabela's acquired and on paper continue to operate as a different business on paper for accounting and inventory purposes . A sincere question to you ,Do you think the performance study done a few years ago at corporate to you think this was a study done for in case bass pro purchased Cabela's.
Poster that posted everyone in Corporate will lose their jobs- very few people will believe what you wrote. I spent over 24 years between DC and Corp. and the writing is on the wall and support your opinion
This isn’t a merger despite the attempts by both companies to play it off as a merger. This is an acquisition. I worked in corporate strategy for Cabela’s and saw the writing on the wall that everyone at Sidney corporate will soon lose their jobs. If you work in Sidney I’m sure you’ve had many “consultants” and internal people claiming to come in and “document” your processes. What do you think they were really doing? Documenting your job so when Bass Pro fires everyone at Sidney they know your processes and how to complete. This acquisition and the process to let everyone at Sidney go has been in the works for a year. The clock started October 2016 so while it may take 1 year to fully merge, that time is up. A company does not spend $5 billion with no plans on how to take over the company they are acquiring.
50 thousand employees
Ok I will try to understand your reasoning if the merger is going to get done in two months of 200 stores six distribution centers four corporate offices several car centers. A time limit I think will need to be set you can't spend over 30 minutes in a department without getting the department merged. I know one poster stated bass pro would bring in 40 employees to run the Sidney operation after they fired every Cabelas in Sidney. Bass pro really have some super nature employees to do these things for sure,
Please state one example where a merger this size was completed in less than a year. Hell the wire plant took 6 months to just close down ,
What is your background to give an opinion on how long the merger will take to complete. My opinion comes from 30 years experience at the distribution center corporate and some retail experience. Also from three meetings with four directors along with a degree in business administration, your experience is?
For the poster that states: Everyone agrees that these companies "TWO" COMPLICATED TO MERGE.
You are not serious are you? You're just winding people up, Right?
If you are serious, you are an amazing optimist or an delusional simpleton.
Reality is not your strong suit.
When you say "most people agree" the merger will take one to two years-- does "most people" include the Bass Pro leadership- and did they communicate that to the employees of cabelas?
I have an honest question- to the people who think this merger will take years or that the companies will run separate "because it's too complicated to merge" (even though it has been blatantly stated that headquarters will be in Missouri) - were you also the ones denying that this acquisition would ever happen? This is a bad deal for Sidney, there's no way around that. But at some point the denial has to stop, and people need to seeing this for what it is. Bass pro bought Cabelas-- exactly what was predicted to happen for over a year. The writing has been on the wall that the future of Cabelas was not bright for at least 4 years now. A good time to start making a plan for a life/job/livelihood without cabelas would have been 2 years ago, but right now is better than when you're pushed out the door. Speculate away but please have a backup plan
Also the merger most people agree will take over a year to complete or perhaps closer to two years or even more. In addition there are so many decisions beside how to merge the two businesses in regard to how bass pro will operate in the future. What parts of the company will be closed or what part will be expanded. bass pro can continue to operate as two different companies and make job cuts, expand and hire people, cut expenditures in some areas or expand spending in other areas. I myself think it is likely Cabela's and bass pro will continue to operate as two different businesses on the books with bass pro being the parent company. I know Cabela's in the past operated different business on their books as separate business which would had been more then a thousand times easier to merge into one then bass pro and Cabela's.
Who ever stated anything about bass pro ever paying for two of the same things. I suggest you go find another book besides business 101 before you start telling us how a complex merger like this will be handled . You stated this was a simple merger that would require only a few months to complete . The truth this is a very difficult merger with close to 200 stores, 50 thousand employees four corporate offices six distribution centers several different computer languages. The discussion on this site I think most people AGREE it is likely bass pro will continue to operate Cabela's and bass pro as two different companies on the books because to merge them into one is JUST TWO COMPLEX.
Of course...money is of no object. BP will gladly pay for two of everything! No need to cut costs..too much trouble...its sooooo complicated. Why bother?
I agree the poster who keeps posting the nonsense that this is an easy merger and could be completed in a few months has no concept of the situation, Bass pro may never merge bass pro and Cabelas together in the new system but keep them as separate companies. They could still cut payroll cut positions close buildings do almost anything they want,The poster who keeps saying this is an easy merger has no concept of the situation.
Don’t assume anything. Simply go in with a great attitude and a fresh start and do your very best everyday
T is 4th quarter although attitude will dictate who leaves even during high needs