I've got a few good deals on used guns from GM, but it seems as if those days are over. Their new prices seem WAY high and their used prices have gotten worse, esp. in the last 3-6 months. I don't know what's up with the management of this company, but they need to get their act together FAST! I make it a point to avoid the local Cabela's on Sat/Sun because the place is an absolute madhouse. Go to a GM on the weekend, and it's an absolute ghost-town.
Their business model is just all wrong. They're too big/have too much inventory to survive with such paltry foot-traffic, and they're too small to be a "destination" like Cabela's. They're like a Sportsman's warehouse, but with more inventory and less traffic.
I wouldn't mind the high prices so much if they were Mom/Pop, but I'm not going to pay those prices at a store that should have volume pricing like a chain should (and is staffed by Mom/Pop's mentally challenged teenage offspring).
I really think there are some folks (MBA's) with this company who HOPE they do poorly so that talks of a sale of the corporation will lift the stock price. Apparently, they must think there is more profit in that than in running a retail business that sells stuff in any kind of volume.
I realize that Cabela's prices are somewhat inflated, too. However, if you have their Visa card, they routinely send out coupons that will knock $50 of a $200 sale, or $100 off a $500 sale. My prediction is that GM will not last more than another couple of years if they don't change their ways soon.