Co-founder of Cabela’s dies at 77
Sidney, Neb. — Richard N. Cabela, co-founder and chairman emeritus of the $3.6 billion, outdoor outfitters chain, Cabela’s Inc., died Monday at his home in Sidney, Neb. No cause was given. He was 77.
Cabela served as chairman of the board until June 2013, when he transitioned to chairman emeritus and his brother, Jim Cabela, became chairman.
Cabela founded the company in 1961 with his wife, Mary, and his brother. He is survived by his wife and their nine children and their families, as well as two sisters and three brothers.
“Dick and Jim made it possible for sportsmen and women to get quality outdoor products no matter where they lived,” said Tommy Millner, Cabela’s CEO. “They weren’t the first to offer outdoor goods through the mail, but nobody did it better or with more care about providing customers a good value for their money. Outdoorsmen and women have lost a true friend, a man who improved their lot by putting them first, by working to provide what they wanted and needed for their hunting and fishing adventures. He pushed for research and development in every outdoor field.”
According to Millner, Cabela always looked out for the customer and if he couldn’t find a vendor to provide what he wanted, he pushed Cabela’s to design and make it. Because of that passion, the Cabela’s brand and its products are iconic throughout the world, Millner said.
“The outdoor industry has lost an innovative thinker and a tireless supporter of wildlife and habitat conservation; the business world has lost a true original, who built a business model that will be studied and emulated for years; a man who, through perseverance and hard work, achieved the American Dream,” Millner said.
In addition to its worldwide catalog and Internet business, Cabela’s operates 50 stores in the United States and Canada.
Report: 1-800-Flowers has tough Valentine’s Day
New York – 1-800-Flowers.com Inc. reportedly had a difficult time meeting customer demand for Valentine’s Day. According to CNN, the retailer has sent apologies via Twitter and Facebook to roughly 1,000 customers for deliveries that were late, missing or damaged.
The company’s phone lines were reportedly jammed during Valentine’s Day weekend and customers reportedly received automated replies to emails and online complaints. 1-800-Flowers has since issued refunds and discount vouchers to many affected customers, as well as issued individual apologies via social media. Inclement weather on the East Coast reportedly caused much of the difficulty with shipments.
"Our customer service center is open 24×7 and our caring team is working hard to resolve every concern, and won’t stop until we do,” said a statement on the 1-800-Flowers.com Facebook page. “Due to the weather issues we experienced, wait times are longer than we would like."
Cal-Maine Foods acquires remaining interests in Delta Egg Farm
Cal-Maine Foods has reached an agreement to acquire the remaining 50% of the membership interests of Delta Egg Farm from Sunbest Foods of Iowa, a Moark affiliate, for $17 million. The company already owns 50% of Delta Egg Farm.
Delta Egg Farm owns and operates a feed mill and egg production complex with capacity for approximately 1.2 million laying hens, located near Delta, Utah, and an organic egg production complex with capacity for approximately 400,000 laying hens located near Chase, Kansas. The company expects to close the transaction March 1.
“While we have enjoyed a long-term working relationship with Moark and Sunbest Foods of Iowa, we are excited about the opportunity to take over the ownership and management of Delta Egg Farm. We look forward to the opportunity to continue to expand our business and provide greater value for our shareholders,” said Dolph Baker, chairman, president and CEO of Cal-Maine Foods.
Cal-Maine Foods is primarily engaged in the production, grading, packing and sale of fresh shell eggs, including conventional, cage-free, organic and nutritionally enhanced eggs. The company, which is headquartered in Jackson, Miss., is the largest producer and distributor of fresh shell eggs in the United States and sells the majority of its shell eggs in approximately 29 states across the Southwestern, southeastern, Midwestern and mid-Atlantic regions of the United States.