The company also said it would no longer sell firearms or ammunition of anyone under the age of 21 years old. It was not the gun, nor type of gun, he used in the shooting. All rights reserved.
Dick's Sporting Goods reported disappointing holiday sales numbers in part due to weak demand for one-time hot brands like Under Armour. The company's CEO also said recent changes to its firearm policies, ending the sale of guns to anyone under 21, will hurt future sales and may cause fewer shoppers to come to its stores. Last month, Dick's stepped into the national spotlight when, in the aftermath of a school massacre in Parkland, Florida, it banned the sale of assault-style rifles and the sale of all guns to anyone under
It had stopped selling ARs and other semi-automatic weapons in The announcements from the major national retailers came as students at Marjory Stoneman Douglas High School in Parkland, Florida, returned to class for the first time since a teenager killed 17 students and educators with an AR rifle two weeks ago. On Wednesday, Stack said that would end, and he called on lawmakers to act now.
If the switch is successful, as it was at 10 stores where it was tested starting in the fall, it will be expanded, the company said. The latest move to scale back gun sales is becoming a familiar one for the company and its chief executive, Edward Stack. Last year, after 17 people were killed in a shooting in Parkland, Fla. That firearm was not used in the attack, but Mr.
Let friends in your social network know what you are reading about. When asked if the company would reverse its latest position, its CEO replied, "Never. A link has been sent to your friend's email address.
The gun department in a Dick's Sporting Goods store in Arlington, Virginia displays a variety of rifles. Dick's has announced new restrictions on gun sales. Tribune News Service Buy Photos.
The strongly worded announcement from the sporting goods chain that is also a major U. Several major corporations, including MetLife, Hertz and Delta Airlines, have cut ties with the NRA since the Florida tragedy, but until now, none were retailers that sold guns. Following is a letter written by Dick's Sporting Goods Inc.
Dick's Sporting Goods Inc. The retailer will drop hunting gear starting around August from about stores where it is underperforming, Dick's Chief Executive Officer Ed Stack announced Tuesday. The change, which affects about 17 percent of the Dick's chain, follows a trial run last year when Dick's removed hunting products from 10 of its stores. The announcement, coupled with continuing declines in same-store sales, jarred investors.
It also came before the latest episode of horrific gun violence that left 50 dead at two mosques in New Zealand. The decision is part of a trend that is redefining what belongs in a sporting goods store, experts say. Instead, more than one in three consumers purchased guns from local firearm-specific shops and more than 15 percent bought them online.
Dick's Sporting Goods, which banned assault-style weapons from all of its stores after the Parkland, Florida, school shooting last year, said Tuesday it will remove firearms from of its lowest-performing stores later this year. Ed Stack, chief executive officer of the Coraopolis, Pennsylvania-based chain, said on a quarterly earnings call that if the decision works out well in the stores, it will remove hunting gear — which includes rifles, ammunition and accessories associated with hunting — from even more stores, Bloomberg reported. Last year, Dick's gave the policy a trial run in 10 stores, resulting in a rise in fourth-quarter sales at those locations, Stack said on the call. The company replaced the hunting items with kayaks and other outdoor gear.