Richard Cabela, founder of namesake retailer, dies at 77

Richard Cabela, an avid hunter who co-founded the direct marketer and retailer of outdoor gear Cabela's Inc. has died. He was 77. He passed away yesterday at his home in Sidney, Neb. No cause was given.

Cabela's humble beginnings date back to 1961, when he bought $45 of fishing flies in Chicago. The flies didn't sell at the family's furniture store, so he started selling them through the mail. That led to the start of the Cabela's catalog and a company that would eventually book $3.6 billion in revenue and open 50 retail stores across North America.

Cabela is survived by his wife, nine children, two sisters and three brothers. Story