Dick’s Sporting Goods has announced plans to remove the hunting departments from “approximately” 440 additional locations, following a similar — albeit much smaller — effort last year.
Dick’s Sporting Goods pulling hunting gear from 440 more locations
There is a lot of people saying that Dick’s is still trying to be woke bit I have a different take: They simply are not moving merchandise. They lost that segment of the market and realize that it will be cheaper to stop taking on the loss of space and revenue, so they quit altogether.
Anyway, they have been out of our radar for quite a while now and they are the ones that took a massive monetary loss.
Bye now.
Yeah, my first thought was that their gun sales were so low it wasn’t worth the space to keep them.
Also, the “we’re not anti-gun” anti-gun group Brady is applauding this move. If they weren’t anti-gun, why would they applaud Dicks for stopping hunting gun sales? https://twitter.com/bradybuzz/status/1237511179901128705
I’d like to say Dick’s will continue to suffer monetarily for this, but I suspect the damage they’ve incurred so far is the last of it. They’ll be a sporting goods store that specializes in athletic gear and golf supplies. It’s a perfectly sustainable business model. I won’t shop there, but that won’t matter.
I can’t even motivate myself to care enough about them to go take advantage of their blowout clearance sale.
Go woke go broke, the next chapter (11). Buh-bye assholes! 😀
Note that the Fox article also says:
“These moves apparently had little effect on the company’s sales, however, as Dick’s chairman and CEO reported ‘strong fourth quarter results’ in the latest earnings report, as well as ‘growth across each of our three primary categories of hardlines, apparel and footwear.’
“The company’s shares also jumped 12.2 percent in Tuesday premarket trading, Fox Business reported.
“‘During 2019, we made meaningful changes across our business, which fueled our strongest annual comp sales gain since 2012 and a 14-percent increase in non-GAAP earnings per diluted share over 2018,’ said Dick’s chairman and CEO Edward W. Stack. ‘I’d like to thank all our teammates for their hard work and commitment to DICK’S Sporting Goods, which made this performance possible.’”