Cabela’s Inc. told investors Tuesday that it plans to open slightly smaller retail locations in the future. Speaking at the Thomas Weisel Partners Consumer Conference in New York, CEO Dennis Highby said new stores will follow three size formats ranging from 80,000 square feet to 125,000 square feet, according to the Associated Press. Current stores average about 140,000 square feet, although its largest location is 245,000 square foot.
Cabela’s opened eight new stores last year, but only plans to open two this year and no further store openings planned in 2008. It expects to open between two and three sites in 2009.