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Dick’s Sporting Goods Admits Decision to Abandon Gun Sales Cost Shareholders $250M in Revenue

By Eric Holder follow Eric Holder   2022 Jan 14, 10:28am 112 views   11 comments   watch   nsfw   quote   share      


Long ago, in The Time Before, Dick’s Sporting Goods sold guns. Lots of guns. And then the son of the founder decided to get woke and stop selling guns at all but a handful of the chain’s stores. After being hailed as a progressive, forward-thinking responsible retailer, the company now admits that going woke and kicking guns to the curb cost it (and its shareholders) $250 million in revenue.

That’s probably an understatement. When the pandemic hit, gun stores saw lines of people waiting to buy firearms, ammo, and accessories. Meanwhile, over at No-Guns Dick’s, corporate was furloughing employees as fast as their printers could pump out the pink slips. They sent 40,000 employees home when sales fell off a cliff and gun retailers were doing land office business.

Rather than rolling in profits, Dick’s now touts its new “Public Lands” chain which it has created to replace many of its former Field & Stream stores. The new woke outlet sells premium-priced, socially-conscious outdoor apparel and gear (don’t tell their customers a lot of it is actually petroleum-based) representing the company’s latest new vision for a firm’s firearm-free sales strategy.

...

After Stack abandoned the business of America’s gun owners and officially pulled the guns, magazines, and firearm accessories from its shelves, the stores became ghost towns in the midwest.

...

Obviously sales and foot traffic, ahem, sagged. And the company’s new anti-gun policy led to the decline.

Recently, while killing time, I stopped by my local Dick’s in Bloomington, Illiniois to see what’s what. I didn’t recognize the interior. You would never have guessed they ever carried hunting, fishing or camping gear at all. It looked as though they were catering to youth sports participants and affluent yuppies buying trendy brand-name workout gear and expensive coats priced at $500 and up.

You have to wonder what Dick’s shareholders think about foregoing a quarter billion dollars of revenue, all to indulge the progressive ideals of the company’s ex CEO and ingratiate himself with the gun control industry.



https://www.thetruthaboutguns.com/dicks-sporting-goods-admits-decision-to-abandon-gun-sales-cost-shareholders-250m-in-revenue/?source=patrick.net
1   RC2006   ignore (2)   2022 Jan 14, 10:34am     ↓ dislike (0)   quote   flag        

They will go the way of Sport Chalet. I've walked into Dicks a few times in the last year and every time it was a ghost town.
2   HunterTits   ignore (4)   2022 Jan 14, 10:40am     ↓ dislike (0)   quote   flag        

Go Woke, Go Broke!
3   PeopleUnited   ignore (1)   2022 Jan 14, 10:46am     ↓ dislike (0)   quote   flag        

Easy fix, just open the gun department back up, change the sign to Dicks guns and sports and watch he revenue soar in!
4   Eric Holder   ignore (1)   2022 Jan 14, 10:47am     ↓ dislike (0)   quote   flag        

RC2006 says
They will go the way of Sport Chalet. I've walked into Dicks a few times in the last year and every time it was a ghost town.


In our neck of the woods they are occupying the same building the failed Sports Authority store used to be in. And failed SportsMart before them. Whereas all Big5 locations are going strong for decades. Looks like sporting goods stores not selling guns are all doomed to fail.
5   zzyzzx   ignore (1)   2022 Jan 14, 10:53am     ↓ dislike (0)   quote   flag        

PeopleUnited says
Easy fix, just open the gun department back up, change the sign to Dicks guns and sports and watch he revenue soar in!


So we should buy Dicks, change the direction of the company, then cash out, right?
6   Tenpoundbass   ignore (15)   2022 Jan 14, 11:42am     ↓ dislike (0)   quote   flag        

And I believe that Outdoor World Bass Shop Pros is being subsidized by something. There's no way those doors are staying open by the one or two people that are in there, every time I go in there. Before they pulled their woke shit, every time I went there, I always waited in line behind at least 5 people. It was why I hated going there.
Now nobody is going there to buy their beloved WOKE Yeti coolers`
7   Bd6r   ignore (1)   2022 Jan 14, 11:48am     ↓ dislike (0)   quote   flag        

Tenpoundbass says
Bass Shop Pro

I think that one still sells guns?
8   FuckCCP89   ignore (5)   2022 Jan 14, 11:58am     ↓ dislike (0)   quote   flag        

Bd6r says
Tenpoundbass says
Bass Shop Pro

I think that one still sells guns?


They do.
9   FuckCCP89   ignore (5)   2022 Jan 14, 11:59am     ↓ dislike (0)   quote   flag        

zzyzzx says
PeopleUnited says
Easy fix, just open the gun department back up, change the sign to Dicks guns and sports and watch he revenue soar in!


So we should buy Dicks, change the direction of the company, then cash out, right?


Mitt, is that you?
10   Tenpoundbass   ignore (15)   2022 Jan 14, 12:11pm     ↓ dislike (0)   quote   flag        

FuckCCP89 says
Bd6r says
Tenpoundbass says
Bass Shop Pro

I think that one still sells guns?


They do.


They quit selling AR15's and some amo, and Yeti also made some anti 2@ announcements, both companies were kissing the Dems Asses at the height of the Trump derangement syndrome, and tried to throw Trump and his supporters under the bus. It didn't go over so well, but by then by time they back pedaled, people realized that overpaying up to 200% on something from a Company that will stab them them in the back in a minute. Wasn't a cool thing for conservatives to do anymore.

The International Fishing Hall of Fame next to Outdoor World has already shuttered their doors the place is not a Red Neck destination anymore.
11   Eric Holder   ignore (1)   2022 Jan 14, 12:25pm     ↓ dislike (0)   quote   flag        

Tenpoundbass says
FuckCCP89 says
Bd6r says
Tenpoundbass says
Bass Shop Pro

I think that one still sells guns?


They do.


They quit selling AR15's and some amo


Interesting. I didn't know that.

My personal beef with them is that they gobbled up Cabela's which was a much better company with much better prices and frequent deep discounts on firearms and other gun-related stuff.

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