Cabela's Announces Expanded Customer Service Options.SIDNEY Sidney, city (1990 pop. 18,710), seat of Shelby co., W central Ohio, on the Great Miami River, in a farm area; founded 1811, inc. 1834. Refrigerator parts and machinery are among the items produced there. , Neb. -- Cabela's For the video game series, see . Cabela's is a Sidney, Nebraska-based direct marketer and specialty retailer of hunting, fishing, camping and related outdoor merchandise. Its direct marketing operation is one of the largest in the United States. Incorporated (NYSE NYSE See: New York Stock Exchange : CAB), the World's Foremost Outfitter out·fit n. 1. A set of tools or equipment for a specialized purpose: a welder's outfit. See Synonyms at equipment. 2. A set of clothing, often with accessories. 3. ([R]) of hunting, fishing and outdoor gear, announced today that beginning January 2008, most of its destination retail stores will receive customer service enhancements designed to increase customer convenience, purchasing and delivery options. "Customer service has been a cornerstone cornerstone Ceremonial building block, dated or otherwise inscribed, usually placed in an outer wall of a building to commemorate its dedication. Often the stone is hollowed out to contain newspapers, photographs, or other documents reflecting current customs, with a view to of our success," said Dennis Highby, Cabela's President and Chief Executive Officer. "Our customers are telling us they want more convenience and more options in their shopping experience at Cabela's and that's exactly what we are going to give them." The planned enhancements will greatly improve customer service and convenience. Some of the first enhancements will be: * In-store pickup Pickup A gain in yield made by selling one bond and buying another. Also referred to as "yield pickup." Notes: When the present yield is relatively low compared to the longer-term yields, pickups will be done by investors trying to increase the yield and duration of their locations for both Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the and catalog catalog, descriptive list, on cards or in a book, of the contents of a library. Assurbanipal's library at Nineveh was cataloged on shelves of slate. The first known subject catalog was compiled by Callimachus at the Alexandrian Library in the 3d cent. B.C. orders which will enable customers to avoid shipping fees and inspect products for the proper look, feel, or fit before they make their purchase. * Internet kiosks and catalog order desks will enable retail shoppers access to the world's largest selection of outdoor gear, providing greater opportunities to fulfill ful·fill also ful·fil tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils 1. To bring into actuality; effect: fulfilled their promises. 2. each customer's specific needs. * Retail shoppers will now receive the 24/7 customer service that Internet and catalog customers have long enjoyed. "By creating the cross-promotional opportunities offered by integrating catalog, Internet and retail sales and marketing functions, we believe we can improve customer convenience and create an expanded customer base, deeper customer loyalty and operational efficiencies," Highby said. As a result of these enhancements, Cabela's will be required to collect sales tax sales tax, levy on the sale of goods or services, generally calculated as a percentage of the selling price, and sometimes called a purchase tax. It is usually collected in the form of an extra charge by the retailer, who remits the tax to the government. on catalog and online sales in states with stores that receive these upgrades. "We are excited about these new enhancements," Highby said "We believe they represent a significant opportunity to increase store productivity and create additional growth in the direct business." About Cabela's Incorporated Cabela's Incorporated, headquartered in Sidney, Nebraska Sidney is a city in Cheyenne County, Nebraska, United States. The population was 6,282 at the 2000 census. It is the county seat of Cheyenne CountyGR6. Geography Sidney is located at (41.139428, -102. , is the world's largest direct marketer, and a leading specialty retailer, of hunting, fishing, camping and related outdoor merchandise. Since the Company's founding in 1961, Cabela's([R]) 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([R]). Through Cabela's well-established direct business and its growing number of destination retail stores, 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([R]) Visa credit card, which serves as its primary customer-loyalty rewards program. Caution Concerning Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. Statements in this press release that are not historical or current fact are "forward-looking statements" that are based on the Company's beliefs, assumptions and expectations of future events, taking into account the information currently available to the Company. Such forward-looking statements include, but are not limited to, the Company's statements regarding its planned customer service enhancements, its belief that these enhancements will create an expanded customer base, deeper customer loyalty and operational efficiencies, and its belief that these enhancements represent a significant opportunity to increase store productivity and create additional growth in the direct business. Forward-looking statements involve risks and uncertainties that may cause the Company's actual results, performance or financial condition to differ materially from the expectations of future results, performance or financial condition that the Company expresses or implies in any forward-looking statements. These risks and uncertainties include, but are not limited to: operational and technical challenges involved in implementing the planned customer service enhancements; customer reaction to and use of the enhancements; and the potential impact on the Company's direct business when it begins collecting sales tax on sales to customers in states where destination retail stores that receive the enhancements are located. The collecting of sales tax on sales to customers in states where destination retail stores that receive the enhancements are located will increase the tax collection and payment obligations of the Company's direct business, which could create administrative burdens for the Company, could increase the total cost of the Company's products in its direct business to its customers relative to its competitors that do not collect sales taxes on direct sales, and could decrease the sales of the Company's direct business or cause the Company to reduce the underlying prices for the products sold through the Company's direct business. Further risks and uncertainties include other factors that the Company may not have currently identified or quantified, and other risks, relevant factors and uncertainties identified in the Company's filings with the SEC (including the information set forth in the "Risk Factors" section of the Company's Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the fiscal year ended December 30, 2006), which filings are available at the Company's website at www.cabelas.com and the SEC's website at www.sec.gov. Given the risks and uncertainties surrounding sur·round tr.v. sur·round·ed, sur·round·ing, sur·rounds 1. To extend on all sides of simultaneously; encircle. 2. To enclose or confine on all sides so as to bar escape or outside communication. n. forward-looking statements, you should not place undue reliance on these statements. The Company's forward-looking statements speak only as of the date they are made. Other than as required by law, the Company undertakes no obligation to update or revise forward-looking statements, whether as a result of new information, future events or otherwise. |
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