Dick’s Sporting Goods said it will stop selling firearms at 125 of its stores and use the space to sell higher-margin, faster-selling categories such as licensed sports gear and outdoor recreation equipment
Dick’s Sporting Goods Inc. said Tuesday it will stop selling firearms at 125 of its stores, further pulling back from the business after the retailer decided last year to tighten its policies around gun sales.
Dick’s has struggled with declining sales since its CEO Ed Stack made a public decision to stop selling guns to buyers under 21 and take assault-style weapons out of all stores after a fatal school shooting in Parkland, Fla. Dick’s is also working to stem sluggish sales as more shoppers buy sporting goods online.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dick's Sporting Goods falls sharply after giving a weak outlook for 2019Dick's Sporting Goods forecast weak sales for 2019, signaling continued pressure on the sports-goods retail market.
Read more »
Dick's Sporting Goods shares slide premarket as sales continue to fall
Read more »
4 Good Reasons Amazon Should Open Its Own Grocery Stores, Separate From Whole FoodsOnline retail behemoth Amazon is at it yet again, reportedly pursuing standalone grocery stores of its own, with aggressive growth plans over the next coming years.
Read more »
Colorado's Approach To Gun Rights And Gun Control - 1A1A Across America spoke with Rep. Jason Crow, D-Colo.. to learn more about Democrats’ plans for enacting what they call common-sense gun legislation. Crow represents Aurora, Colo., the site of a mass shooting at a movie theater in 2012.
Read more »
Amazon to close U.S. pop-up stores, focus on opening more book storesAmazon.com Inc will close all of its U.S. pop-up stores and focus instead on ope...
Read more »
Washington Post: Dick Cheney confronts Pence about administration's foreign policyDick Cheney confronted Vice President Mike Pence about the Trump administration's foreign policy, the Washington Post reports
Read more »
LL Cool J on politics in sports and making a new sports TV network'Sports are great but the way they’ve been presented hasn’t been as entertaining for me. The voice, the take and everything around it, doesn’t, I think, enhance sports as much as it could.'
Read more »