Dick’s Sporting Goods Removes Guns From More Stores
Drop your weapons. The Pennsylvania-based retailer announced yesterday that it would eliminate firearms and other hunting products from 125 U.S. locations this year — or about 17 percent of its stores — in response to slumping sales. On the heels of last year’s deadly Parkland school shooting, Dick’s ditched assault-style rifles and prohibited customers under 21 years old from buying guns.
How will this affect business? Company stock fell 11 percent on Tuesday’s news, though executives say foot traffic and sales volume grew at the 10 locations where hunting products were removed last year.
Read OZY’s story about why White American women are sticking to their guns.