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Cabela's to Double Store Presence in South Carolina

Big-scale outdoors store Cabela's (NYSE: CAB  ) just keeps getting bigger.

On Wednesday, the Sidney, Neb.-based retailer announced its third new store opening in just the past two months, saying it will open a 97,500-square-foot store in Fort Mill, S.C., sometime in spring 2015. Construction of this second location in the state will begin next year, around about the time Cabela's opens its first South Caroline store, in Greenville.

Cabela's newest location will feature a mountain replica, aquarium, museum-quality wildlife displays, indoor archery range, deli, and Bargain Cave, featuring discount and on-sale merchandise. The store will also house a full-service boat shop and a comprehensive selection of wildlife and land management products, including tractors, attachments, and implements.

Cabela's currently has 50 stores up and running in North America (including in Canada). With this announcement, it now has 20 more stores slated to open over the next two years.

In a statement, Cabela's noted that it expects the Fort Mill location to employ "approximately 225 full-time, part-time, and seasonal employees, with most coming from Fort Mill and the surrounding area."

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9/28/2016 4:02 PM
CAB $52.36 Down -0.03 -0.06%
Cabela's CAPS Rating: ***