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3:46 pm | 0 recommendations | 3 comments

Real Estate and the Retail Magnet

| posted by Heath Row

Fast Company recently recognized Cabela's with a Customers First Award. In today's New York Times, Kate Murphy takes a slightly different look at the company's business model -- particularly its approach to real estate acquisition.

Not only does Cabela's actively seek tax incentives and the like, it often restricts what other businesses can locate near their properties -- and even buys adjacent land so they can control its management and development. It's an interesting read.

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Recent Comments | 3 Total

December 1, 2005 at 10:57am

PeterT

What's most interesting to me is the last line of the article; the quote about operating in a multichannel environment. I recently wrote an article for an outdoor industry trade magazine about how Cabela's implemented new supply chain-management software to prevent out of stocks and minimize the costs of holding inventory. They are totally focused on the idea that in order to thrive as a multi-channel retailer, they need to deliver an outstanding customer experience across all channels. I think their prowess in developing bricks-and-mortar locations is just another example of how serious they are about developing the customer experience.

December 2, 2005 at 12:07pm

mahendrakumardash

Real estate now is an interesting investment.But look to the future when one will start paying the debt please?Days aree not far when the real estate price will crash and then the reality will surface.

March 13, 2007 at 1:23am

vivek

sir,
i vivek dixit from agra would like to have information regarding the land ownership in the outer skirt of the city for any plant set up.
we have some land under our leadership so that if you have any project to be set up we would be interested in that. It would be our honour to work with you.
If you have any such project please reply soon.
thanx.