Cabela's may be hunting for a buyer

Bass Pro Shops said it will close the Cabela's distribution center in Sidney as part of an effort to streamline its distribution network and provide faster deliveries to online customers.

More bad news for Sidney.

Bass Pro Shops said Thursday that it plans to shutter the Cabela's distribution center in the western Nebraska city in the next couple of months.

"This action is being taken as a result of an extensive review of all Bass Pro Shops and Cabela’s operations, including independent analysis by global logistics experts and shipping companies," the company said in a statement.

It said the analysis showed that the 77-year-old Sidney facility handled less volume than all of its other distribution centers.

Bass Pro said it is restructuring its distribution network to provide faster shipping and better compete with e-commerce companies such as Amazon. The move also will result in the closure of a merchandise return center in Oshkosh, which is about 40 miles northeast of Sidney.

Closing the Sidney center will result in the loss of 121 jobs, while 41 jobs will be eliminated at the Oshkosh facility.

Bass Pro said employees will be given the opportunity to apply for other jobs within the company or receive severance and employment assistance.

The job cuts are the latest in Sidney since Bass Pro's $5 billion purchase of Cabela's in September 2017. Several hundred positions already have been eliminated in the city, where Cabela's once employed about 2,000 people.

Capital One, which took over Cabela's credit card operations in Lincoln, also eliminated more than 150 jobs.

Bass Pro said in its statement that it remains committed to keeping a presence in Sidney

"The company greatly respects Cabela’s long-term ties to Sidney. Over the last year, every effort has been made to maintain significant operations in the city and across Nebraska while maintaining an obligation to customers and employees," the statement said.

Reach the writer at 402-473-2647 or molberding@journalstar.com.

On Twitter @LincolnBizBuzz.

Business editor/reporter

Matt Olberding is a Lincoln native and University of Nebraska-Lincoln graduate who has been covering business for the Journal Star since 2005.