Cabela's Case Study

Working in the Asset Protection field at Cabela’s for the past two years I have been trained on emergency responses and the process that we have to follow. In this paper I am going to talk about three emergency responses, tornado in the area, winter storm, and a missing child. Each of these responses are very important and can always have an effect on the not only on the store but the company. Cabela’s has invested a lot of time and research in coming up with the best plan of action

Cabela’s Incorporated, touted by many as the outdoorsman’s ‘Disneyland,’ is the largest mail-order, retail and internet outdoor outfitter in the world. Cabela’s is a direct marketer and specialty retailer of hunting, fishing, camping, shooting, and related outdoor recreation merchandise. This giant seller of outdoor sporting goods only operates out of less than 75 stores in more than 30 US states, plus seven stores in Canada. Cabela’s primary competitors are Bass Pro Shops, Gander Mountain, and The Sportsman’s Guide. (Hoovers, 2015) Located mainly in the Midwest, the Cabela’s destination stores include such features as waterfalls, mountain replicas, aquariums, in-store shooting galleries, and banquet and meeting facilities. Cabela 's sells footwear, clothing, and gear for fishing, hunting, camping, and other outdoor activities. Cabela 's also mails more than 132 million catalogs each year, sells magazines and merchandise online, and has an outdoors show on television. Cabela 's was founded in 1961 by chairman Dick Cabela and his younger brother, Jim. (Vault Rankings & Reviews, 2015)

Every year, my family drives down to Banner Elk to pick out a Christmas tree the weekend after Thanksgiving. This excursion has evolved from a fun family trip to becoming an expectation within the family. It is rare to get all five of us together now that the eldest one attends college, and the youngest one always seems to have something better to do. However, never once have I or my brothers complained about waking up at 7:30 in the morning to go Christmas tree shopping. “It’s something about the smell of freshly cut firs and warm apple cider...the thought of the holiday seasons keep us going when we would otherwise have no interest” (Correll). Banner Elk is not only associated with annual traditions to me, but also to the rest of my family, which is why Banner Elk is seemingly a part of our families culture and something we all consider to be our “happy

Cabela’s and Bass Pro are similar and different in many ways including equipment, clothing, and locations. Now that I have told you how they are the same and different, I hope that the next time you go to either of the stores you take into consideration what I have talked about. Even though they are both owned by the same company I hope you pick the one that fits your needs and products you want. Make sure when you go into the outdoors you have the right equipment. Just like Thoreau said, “I took a walk in the woods…” The outdoors can impact your life, and make you

Costco’s business model focuses on selling limited selection of products at low prices, often at very high volume and rapid inventory turnover. These goods are bulk-packaged and marketed primarily to large families and businesses. Costco does not carry multiple brands or varieties where the item is essentially the same. It provides members with a selection of only about 4000 items, this results in a high volume of sales from a single vendor, allowing further reductions in price, and reducing marketing costs. Costco also saves money by not stocking extra bags or packing materials; to carry out their goods, customers must bring their own

When disaster strikes, The Home Depot is among the first organizations on the scene to ensure its customers have the supplies, resources and support they need to rebuild their homes and communities.

As the economy begins to strengthen, consumers are beginning to spend. Much of that spending will be done over the Internet. According to Forbes Magazine, “overall U.S. retail e-commerce spending for the first 25 days of the November – December 2011 holiday season, totaled $12.7 billion, a 15-percent increase versus the corresponding days last year (par. 4)”. There has been a particularly large growth in Cyber Monday sales where top retailers have seen double-digit growth in sales over the previous year. As Internet sales continues to grow, Costco has the ability to use its large purchasing power to offer deep discounts and take advantage of the increase in internet sales.

Established in 1930 under the Hoover administration, the Department of Veterans Affairs was a program created to provide aid and support for the returning military personnel as they reassimilated into civilian life and recovered from the harsh realities of combat. For several years, the organization had been an effective and prolific service that aided millions of soldiers in various ways. In more recent years however, the organization has been gradually slipping. The VA has been involved with a number of scandals revealing gross misconduct and oversights that resulted in the prolonged suffering and even the deaths of many veterans. These continued missteps brought to light several issues and points in which the organization was lacking in

Ultra-low prices and treasure-hunt shopping cause merchandise to move quickly. The ensuing high sales volume and rapid inventory turnover allow Costco to sell inventory as soon as it arrives at the warehouse resulting in significant savings. To ensure ultra-low prices Costco caps mark-up at 14% and marks up Kirkland products at only 15%. Treasure-hunt shopping creates a sense of urgency as members know they better buy an item or it will not be there the next time.

“Deer Hunting With A Muzzleloader.” Hungry For Hunting, Hungry For Hunting, Web. 8 November 2013

Because they have faced cash shortage trouble. Their profitability has grown for 1993 ~ 1995 period, as we can see from their I/S (e.g. Sales and Net Income, etc.). However, as its business size grows, their A/R increased, which means that it is getting difficult to collect cash. On the other hand, A/P decreased for the same period, which means that the company paid cash for A/P, resulting in critical cash shortage. Furthermore, the A/P payment period is shorter than A/R collection periods, the company’s cash problem happens to be accelerated.

Deere & Company since the beginning has always aimed to support owners of their equipment and to make owners of any other equipment wish that they had purchased a Deere instead. Their approach to business has truly set themselves apart from their competition and has left a strong impression on both their consumers and their competition. The fact that Deere since the beginning has always looked to produce the highest quality of equipment has positioned them at the top of the industry.

DO YOU AGREE WITH MR. WILSON 'S ESTIMATE OF THE COMPANY 'S LOAN REQUIREMENTS? HOW MUCH WILL HE NEED TO FINANCE THE EXPECTED EXPANSION IN SALES TO $ 5.5 MILLION IN 2006 AND TO TAKE ALL TRADE DISCOUNTS?

It is very important the company focuses on the product features such as fuel efficiency, improve mechanical, and tires. Improving product features will help the company grow and produce quality products.

The market also takes advantage on this holiday, even though the income from each product is a little bit less than the regular price, they tend to sell many products more than the regular business days. The market can also take advantage and sell products in which were not sold in the previous season. Black Friday is also good for advertising products. There were quite a few stores in the mall that were handing samples to try their product.