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Omaha World Herald. Seattle-based Nordstrom was the only other retailer that operated a bank until last year, when it sold its $2.2 billion credit-card portfolio to TD Bank. Several banks have reportedly expressed a possible interest in Cabela’s $5 billion credit-card portfolio. Cabela’s, the World’s Foremost Outfitter of hunting, fishing and outdoor gear, was born in 1961 when Dick Cabela came up with the idea of selling fishing flies. From modest beginnings he operated the business with his wife and brother, taking it public in 2004, when it reached $1.5 billion in sales. Dick Cabella died in 2014, after growing the company to over $3 Billion in annual sales. “Few, if any, businesses today survive the kitchen-table dreams of their founders, especially in the outdoor industry where businesses come and go with the changing seasons,” says the company. “Yet, the leader in the outdoor equipment business has done just that – survived, grown and prospered from simple beginnings to become the largest mail-order, retail and Internet outdoor outfitter in the world.” Cabela’s Inc. is a direct marketer and specialty retailer of hunting, fishing, boating, camping, shooting, and related outdoor recreation merchandise. Cabela’s main world headquarters building along Interstate 80 in Sidney, Nebraska encompasses more than 250,000 square feet. The foundation of the company is its world-famous catalog business. The company produces nearly 100 different catalogs per year, including specialty books focusing on such outdoor pursuits as archery, fly-fishing and boating, as well as massive Spring and Fall Master catalogs. Internationally known as a source of affordable, high-quality outdoor equipment, Cabela’s catalogs are shipped to all 50 states and 125 countries. Its Internet department is “growing by leaps and bounds,” the company says. In 2006 Cabela’s web site was ranked No. 1 in the outdoor retail industry.]]>