jharrell
Senior Member
Has anyone heard anything else about Cabela's coming to Georgia??
will not happen while Sonny P is the govener
The Cabela’s project planned for Adairsville appears dead this morning after the Nebraska-based outdoor retailer told Adairsville officials they would not build the store it had planned on Interstate 75.
“”I don’t know how to react,” said Orlando Wilson, a Northwest Georgia businessman who had been working with Cabela’s to bring the retailer to Georgia.” I’m disappointed. We put a lot of work and effort into the deal.”
Cabela’s announced record revenue Thursday. The company reported that total revenue for the third quarter of fiscal 2007 increased 11.5 percent to $546.8 million compared to $490.5 million for the same period last year.
Third quarter net income was $13.2 million, or $0.20 per diluted share, compared to $15.0 million, or $0.23 per diluted share, for the same period a year ago.
Total revenue for the nine months ended Sept. 29, 2007, increased 13.8 percent to $1.46 billion compared to $1.28 billion for the same period last year, the company reported. Cabela’s had announced in 2005 that it planned to open a 165,000-square-foot retail store at Ga. 140 and I-75 in Adairsville.
But in Thursday’s financial report, Cabela’s said it planned to open seven stores in 2008. In previous statements, it had said it planned to open eight. Asked about the change, Cabela’s said the Adairsville project was off the drawing board, Wilson said.
“They never got a favorable tax ruling from the Georgia Department of Revenue,” he said. Cabela’s had been asking to state to exempt catalog and Internet sales made at an Adairsville store from state sales tax.
Wilson held out some hope for a store sometime in the future.
“I still think if we can get a deal pulled together, they may look again,” he said Friday morning.“There are a lot of disappointed people in Adairsville.”
Alvin Long, chairman of the Gordon County Commission, said he was not surprised Cabela’s decision.
“We have been dealing with this off and on for several years now,” Long said Friday morning.
And where Wilson saw disappointment, Long say an opportunity for Gordon County.
“We have property available in Gordon County and would love the opportunity to talk with Cabela’s if they decide to look at this project again,” he said.
“The fact is that we are located between Atlanta and Chattanooga, we have abundant water recourses, especially in the Belwood Road-Union Grove Road areas,” Long said.“We also have developers in Gordon County who see what is happening and have been working behind the scenes with the Development Authority to make things happen.”
Long said that the decision should not hurt plans to build a new interstate exit on I-75 at Union Grove Road. The project, which has been on Gordon County’s highway wishlist for a number of years, was put on the DOT’s fast track when Cabela’s made its initial announcement.
“That project is tied into the south Calhoun bypass, and I’m sure it will go forward,” Long said.“The former governor, the present governor, and the Georgia DOT have all made it a priority long before we started any talks with Cabela’s.”
said.
I have no idea why they cared about pulling from Chattanooga anyway. Cobb County is the 4th largest county in Metro Atlanta and has more people than Metro Chattanooga. Seems that Acworth would have been a much better location to build the store in the first place. Seems that Cabelas marketing research concluded what anyone that could see a map would determine inside of 30 seconds.
Cobb County is 20 minutes from Adairsville (or closer)...Bass Pro is 40 minutes or more from Cobb county...Adairsville is 30-40 minutes from Chattanooga...I can see why they were thinking about adairsville, they would have gotten Chattanooga, NW GA and NW metro Atlanta. Most everyone I know would rather go to Cabelas than BP...I know the only reason I get things from BP any more is b/c I get several BP gift cards throughout the year....but I never go to the store, do it all online...if Cabelas had come to Adairsville, I would probalby never order over the net again (not for hunting gear any way).
I live about15 minutes from where the were going to build Cabelas. Everything I heard pointed back to the taxes as the reason they didn't build....now with all the layoffs it sure would have been nice if the store would have opened. At least that would have been a few more jobs for that area.
Except Cabeals didn't say anything about taxes they said they rejected the location. Why is that so hard for people to understand? Do you guys think they made up a story about the location because they were afraid to say it was over taxes? I don't.
FWIW - Metro Atlanta has over 5m people. The numbers simply don't make any sense to have picked Adairsville, they could have caught a lot more business putting it somewhere in Metro Atlanta. When the economy picks back up, maybe they'll consider a Georgia site again - but I doubt it will be as far out in the sticks. According to Mapquest, Adairsville is 44 miles from Marietta and 62 miles from Atlanta.
Here is the their criteria, Adairsville falls short on the population by a longshot. Acworth would have been perfect.
http://www.cabelas.com/cabelas/en/t...otential_loc.html&cm_re=retail*left*potential
Oh junk...why not? Ill have to make a call and get it added to his Sonny-do list
I know for a fact that Sonny is friends with John L the owner of BPS. He will not sign off for a tax break to get cabelas in GA. Keep in mind BPS now has 3 stores open plus one scheduled to open.