SIDNEY, NE- All the questions about Cabela’s future in its hometown of Sidney Nebraska after its planned merger with rival Bass Pro Shops next year are taking a toll on the local economy.
Business owners in Sidney Nebraska are having a difficult time since the sale was announced this fall, and property values have plummeted because so many homes are on the market in the town of roughly 7,000. Wendy Pemberton, who owns Della’s Cafe in Sidney says the town is on edge. Bass Pro’s $4.5 billion deal to buy Cabela’s is expected to close sometime next year.
The companies have said they plan to keep significant operations in Sidney, but it’s not clear how many of the roughly 2,000 jobs there will be lost.