Why Cabela Wants To Sell It Lucrative Credit Card Operations

Cabela Inc. is a retailer of hunting, fishing, shooting, camping and other related outdoor recreation merchandise. Instead of selling the 27-store chain on the block, Cabela decided to prioritize the sale of its lucrative and highly profitable credit card operation. This is surprising since the credit card operations are responsible for 30% of the store’s $3.6 billion sales. Sources say that selling the credit card operation will make the Cabela easier to sell because it will relieve Cabela o...
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Ecommerce As The Fastest Growing Sector In The Middle East

Ecommerce is the fastest growing sector in the Middle East but it is not expected to replace offline retail any time soon. The growth of ecommerce is substantial enough for big retailers to consider expanding their services to the online marketplace. Online shopping has a big advantage over traditional medium because of the ease of use. Today users can search for products and services and make an informed purchase decision without having to leave the home. Deep mobile penetration and improvement...
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