“At the time, Dick’s was a major seller of firearms. Guns also drove the sale of soft goods—boots, hats, jackets. What’s more, Stack, the retailer's chief executive officer, suspected the position could drive off some of his customers on political principle.
“He was right. Dick’s estimates the policy change cost the company about $150 million in lost sales, an amount equivalent to 1.7 percent of annual revenue. Stack says it was worth it.”
Link at knuckledraggin.com
His company, his choice. It’s
just kind of counter-intuitive that a man who made millions on selling guns
decides to tell others his moral imperative now is to keep them from buying
guns – his “common-sense gun control” and support for US House-approved
universal gun control.
That $150 million loss is only the first for Dick's. We'll wait and see how many more losses there are before Stack decides something else.
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