Summary
Cabela's -- a cornerstone piece of the Xanadu plan since 2004 -- has announced that it doesn't plan to open its doors at the Meadowlands site for another year. That's about eight months later than the current -- though very tentative -- August opening date for the $2 billion Xanadu.
Dennis Highby, Cabela's chief executive officer, told analysts recently in the wake of the public company's annual financial statement that the outdoors, fishing and hunting retailer will open only one new store in 2009 -- in Billings, Mont.See the full content of this document
Extract
Key Xanadu Tenant Puts Off '09 Opening
"We now expect our store in East Rutherford, N.J., to open in spring of 2010," Highby said.
Carl Goldberg, chairman of the New Jersey Sports and Exposition Authority, said three weeks a...See the full content of this document
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