Dick’s Sporting Goods has lost (so far) $150 million dollars in one
year
by banning the sale of certain guns in their stores. At
one time Dick’s was a major gun retailer, and the sale of guns
drove the sale of other items, such as boots, jackets, and hats. When
sales fell sharply after their first ban, they added even more. Now,
they’re doing it, again. The CEO says he knew they’d lose some
business, but the fact that two separate mass shooters bought their
guns in his stores disturbed him. So he stopped selling certain guns.
How he thought that would change anything, I don’t know. Potential
mass shooters will just get their guns elsewhere, legal or illegal.
And
law-abiding gun owners will, also. The CEO says it was “worth it.”
To whom? He’d better be in a very strong position when he goes to
the next board meeting. He may just lose his job. It is very unusual
for a mass shooter to buy his guns legally, anyway. The actions of
this CEO will have not a bit of an effect on them. They will just
cost his company a lot of money. They might even have to close some
stores because of it, causing unemployment for their employees.
(Bloomberg)
Tuesday, April 23, 2019
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment