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Cabela’s Announces Plans For SC Store

SIDNEY, Neb.– Cabela’s Incorporated (NYS: CAB) , the World’s Foremost Outfitter® of hunting, fishing and outdoor gear, announced today plans to open a store in Greenville, S.C., bringing Cabela’s extraordinary retail experience to customers in Greenville and the surrounding area. Cabela’s expects to open the store – its first South…

cabela's

SIDNEY, Neb.– Cabela’s Incorporated (NYS: CAB) , the World’s Foremost Outfitter® of hunting, fishing and outdoor gear, announced today plans to open a store in Greenville, S.C., bringing Cabela’s extraordinary retail experience to customers in Greenville and the surrounding area.

Cabela’s expects to open the store – its first South Carolina location – in spring 2014. The 100,000-square-foot store will be located in Magnolia Park, a newly redeveloped shopping center located at the junction of Interstates-385 and -85 on Woodruff Road. Magnolia Park, being developed by Menin Development, already includes Costco, Regal Cinemas, Rooms to Go, Cheddar’s and other retailers and restaurants, with plans for additional expansion.

“South Carolinians are part of an exceptional outdoor tradition and share the Cabela’s lifestyle and values. We wanted to build a store in the Greenville area to recognize that,” said Cabela’s Chief Executive Officer Tommy Millner. “We are also excited about the opportunity to expand our retail footprint in the Southeast.”

The store is expected to employ approximately 235 full-time, part-time and seasonal employees, and most will come from Greenville and the surrounding area. Cabela’s typically attracts as staffers experienced outdoor recreationalists, who join the Cabela’s family of employees known for their passion for and knowledge of the outdoors as well as excellent customer service skills.

“We are excited that Cabela’s has chosen Greenville for its first South Carolina location,” said Greenville Mayor Knox White. “Cabela’s unique retail experience is a great fit for Greenville and will complement other unique retail offerings in Magnolia Park. We welcome Cabela’s and look forward to their opening.”

The building’s exterior will reflect Cabela’s popular store model with log construction, stonework, wood siding and metal roofing.
A large glass storefront will allow customers to view much of the store’s interior as they approach the building. The inside will feature the company’s next-generation layout, designed to surround customers in an outdoor experience, including museum-quality wildlife displays and trophy animal mounts displayed on a mountain. The store will also feature a Gun Library, Bargain Cave, Fudge Shop and indoor archery range. The start of construction is still to be determined.

“We are pleased and proud that Cabela’s has chosen Magnolia Park as their point of entry into the Southeast.” said Craig Menin, President of Menin Development. “The fact that Cabela’s, with all of the various options available to it, chose Magnolia speaks directly to the quality of our market and of our project. We welcome Cabela’s to Magnolia and join everyone in the area as we eagerly await the opening of their store in 2014.”

Also today, Cabela’s announced plans to build a store in Woodbury, Minn., opening in 2014. Cabela’s has previously announced plans to open stores in Saginaw, Mich.; Columbus, Ohio; Grandville, Mich.; Louisville, Ky.; Green Bay, Wis.; Thornton, Colo.; Lone Tree, Colo.; Regina, Saskatchewan, Canada; Kalispell, Mont.; Anchorage, Alaska; Bristol, Va.; and Christiana, Del. It also will relocate its Winnipeg, Manitoba, Canada, store. Currently, Cabela’s operates 40 retail stores across the United States and Canada.
Cabela’s stores showcase thousands of products, including hunting, fishing, camping, hiking, boating and wildlife-watching gear, as well as clothing and outdoor-themed gifts and furnishings. The company is famous for its strong brand and world-renowned reputation for delivering quality merchandise, value and legendary customer service.

About Cabela’s Incorporated
Cabela’s Incorporated, 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® 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®. 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® Visa credit card, which serves as its primary customer loyalty rewards program. Cabela’s stock is traded on the New York Stock Exchange under the symbol “CAB”.

About Menin Development, Inc.
Menin Development, Inc. has been a privately held owner, developer and manager of commercial real estate since its founding in 1985. Menin has owned and developed in excess of $1 billion of retail and mixed use properties throughout Florida, Virginia, Tennessee, Louisiana and North and South Carolina including Downtown at the Gardens, Palm Beach Gardens, Shoppes of Jupiter, Jupiter, Florida and Downtown Short Pump, Richmond, VA. Menin currently has $400 million of mixed use commercial projects on going in South Carolina and Florida. Principals are Craig Menin, Chief Executive Officer; Rob Jacoby, Chief Operating Officer; Marc Yavinsky, Executive Vice President, and Tony Morrison, Chief Legal Officer. www.menindevelopment.com

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