Bass Pro Agrees To Acquire Cabela’s

Bass Pro Shops has agreed to acquire Cabela’s Incorporated (CAB) for approximately $5.5 billion in a deal that calls for Cabela’s to sell its wholly owned bank but live on as its own brand. Bass Pro Shops Founder and CEO Johnny Morris would retain his role and be majority owner of the combined and privately held company.

Vail Resorts Names New Retail Chief

The resort operator has named former Croc’s Inc. executive Greg Sullivan to replace Ketan “Kat” Jobanputra as chief operating officer at its retail and rental business.

Safilo Group Acquires Rest of Lenti

The acquisition bolsters the Italian group’s position in lens manufacturing, where it Group already owns Polaroid and Smith, which offers Chroma Pop technology.

MEC To Host Outdoor Nation Summit

The Canadian outdoor specialty retailer is expecting 75 people aged 18 to 35 to participate in Outdoor Nation’s Think Outside Summit this weekend in Quebec.