Payments company Mastercard recently announced that outdoor equipment retailers Bass Pro Shops and Cabela’s have chosen it for a co-branded consumer credit card portfolio. Under the new partnership, Cabela’s CLUB credit card business will move over to Mastercard, which Bass Pro Shops already uses for...
That was a short-lived mystery. After some very brief speculation, it seems that Bass Pro Shops will be the buyer for Cabela’s in a deal that will double Bass’ store count for the discount price of $5.5 billion (about $65.50 per share — a 19 percent...
Struggling retailer Cabela’s is expecting bids this week for purchase. Early favorites include Sycamore Partners in partnership with Synchrony Financial and Bass Pro Shops with U.S. bank Capital One Financial Corp., which is interested in Cabela’s credit card business, World’s Foremost Bank, sources told Reuters. Both...
Aren’t we all a little worn down by all the bad news coming out of the retail space (particularly as it relates to brick-and-mortar)? The fact is: 2016 has seen a number of retailers actually buck the current trend in the industry, unexpectedly expanding while...
December 16, 2020
Disputes and chargebacks are nothing new. But in the digital age of commerce wrought by the pandemic, they’re becoming a key point of friction between consumers, merchants and issuers. Amid the great digital shift, retailers and financial institutions (FIs) must walk the fine line between challenging transactions and letting the consumer journey proceed frictionless. And […]
February 01, 2018
Payments company Mastercard recently announced that outdoor equipment retailers Bass Pro Shops and Cabela’s have chosen it for a co-branded consumer credit card portfolio. Under the new partnership, Cabela’s CLUB credit card business will move over to Mastercard, which Bass Pro Shops already uses for its co-branded program, Mastercard said in a press release. By bringing Cabela’s […]
