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Cabela’s opens second Canadian location
Edmonton, Alberta -- Cabela's will open its first store in Canada’s Alberta province on Aug. 4. It is the second Cabela's to open in Canada.
The 70,000-sq.-ft. store will be built in Cabela's trademark style that showcases the best of the outdoors in a spectacular retail environment. The building's exterior will reflect Cabela's traditional store model with log construction, stonework, wood siding and metal roofing.
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Carrefour receives offer to merge with Brazilian retailer
New York City -- Multiple reports on Tuesday said that French retailing giant Carrefour SA has received an offer to merge with Brazil’s Companhia Brasileira de Distribuicao.
Brazilian investment fund Gama said in a statement that it proposed a merger between Carrefour, the world’s second largest retailer by sales after Wal-Mart Stores, and CBD, a local retailing giant.