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Cabelas says it won't open in Meadowlands Xanadu unless there is an 'unbelievable opportunity'
By The Star-Ledger Continuous News Desk
May 12, 2010, 9:23AM
EAST RUTHERFORD — The chief executive of Cabela's outdoor stores, which had proposed a 150,000-square-foot store at the Meadowlands Xanadu project, said he won't expand retail unless there is an "unbelievable opportunity," a report on NorthJersey.com said. The comments raise more doubts about the national chain's intentions to be a cornerstone tenant at Xanadu, according to the report. Tommy Millner, the Nebraska-based company’s chief, said he doubts he'll open additional stores in 2011 beyond current plans because of "real estate timing," the report said. Cabelas may opt out of its 2004 agreement to create a Xanadu store in October, the report said.
http://www.nj.com/news/index.ssf/2010/05/cabela_says_it_wont_be_in_mead.html
By The Star-Ledger Continuous News Desk
May 12, 2010, 9:23AM
EAST RUTHERFORD — The chief executive of Cabela's outdoor stores, which had proposed a 150,000-square-foot store at the Meadowlands Xanadu project, said he won't expand retail unless there is an "unbelievable opportunity," a report on NorthJersey.com said. The comments raise more doubts about the national chain's intentions to be a cornerstone tenant at Xanadu, according to the report. Tommy Millner, the Nebraska-based company’s chief, said he doubts he'll open additional stores in 2011 beyond current plans because of "real estate timing," the report said. Cabelas may opt out of its 2004 agreement to create a Xanadu store in October, the report said.
http://www.nj.com/news/index.ssf/2010/05/cabela_says_it_wont_be_in_mead.html