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Outdoor specialty retailer Cabela’s announced this week that it will explore strategic alternatives to “further enhance shareholder value.” What those alternatives are remain a secret, but Cabela’s CEO Tommy Millner stressed that no changes would be made to the company’s CLUB points loyalty program. “We continue to believe that our Vision 2020 strategy will position Cabela’s to be the world’s best omni-channel retailer, while driving improved performance in both revenue growth and....

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