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2.  Cabela’s, the leading fishing, hunting and outdoor gear retailer has announced
their plans to open 3 next-generation stores and relocate their Winnipeg branch in
2013.
 Construction of next-generation stores is set to start this summer and Cabela’s
plans to open in the spring of next year in the following locations:
Louisville, Kentucky; Grandville, Michigan and Columbus, Ohio.
 Scaling from 80,000 to 88,000 square feet, the stores will be made in the trademark
design of Cabela’s consisting of metal roofing, wood sliding, stonework and
exterior log construction. They will also sport big glass facades to enable
customers to see the shops’ interior even as they near the building.
 Their first 80,000-sq foot Columbus branch will employ as much as 175 workers
coming from the nearby areas. It will be constructed in the Polaris Centers at
Interstate 71 and Gemini Parkway, putting it alongside Camria
Suites, Costco, Hobby Lobby, Toys R Us and various restaurants and hotels.
 The sporting and outdoor gear retailer announced on Thursday the 5% increase in
their 4th-quarter earnings due to higher sales and bigger profit margins. They also
publicized their plan to expand by establishing smaller stores, called Outposts in
mid-size cities.

3. The results are largely optimistic, beating Wall Street forecasts, with its shares
rising by almost 10%.
The company’s CEO has announced that they are planning to increase their
retail square footage by as much as 10% this year and up to 13% in 2013
through opening in new locations and trying new formats for smaller locations.
According to Cabela’s, their net income for the previous quarter amounted to
around USD 70 million or almost a dollar per stock, a small but significant
increase from a year prior.
The Outpost Stores is expected to be well-suited to areas in Canada and
United States as more stores are planned to be built with their locations still
withheld.
In 2013, their Winnipeg, Manitoba store is set to move from their 44,000-sq foot
building to a new 70,000-sq foot location where it is expected to employ an
additional 110 workers.
At present, Cabela’s is operating 34 retail shops in Canada and US.