Why Did Dick’s Stop Selling Guns?
Dick’s Sporting Goods, one of the largest sporting goods retailers in the United States, made headlines in 2018 when it announced that it would no longer sell assault-style rifles and high-capacity magazines in its stores. The decision came in response to the mass shooting at Stoneman Douglas High School in Parkland, Florida, which left 17 people dead. In this article, we’ll explore the reasons behind Dick’s decision to stop selling guns and the impact it has had on the industry.
The Background
Dick’s Sporting Goods has been in business for over 75 years, and for most of that time, it has sold firearms in its stores. The company has a long history of supporting the Second Amendment and has been a major supplier of firearms to hunters and recreational shooters. However, in the wake of the Parkland shooting, Dick’s faced intense pressure from customers, employees, and the public to take a stand against gun violence.
The Decision
In February 2018, Dick’s CEO Edward Stack announced that the company would no longer sell assault-style rifles and high-capacity magazines in its stores. The decision was made after a thorough review of the company’s policies and procedures, as well as input from customers, employees, and experts in the field. Stack stated that the company would also stop selling firearms to individuals under the age of 21 and would require all customers to pass a background check before purchasing a firearm.
The Impact
Dick’s decision to stop selling guns has had a significant impact on the industry. Here are some key statistics:
- Sales Decline: Dick’s sales of firearms and accessories declined by 20% in the quarter following the Parkland shooting.
- Store Closures: Dick’s closed 35 stores in 2018, citing declining sales and increased competition.
- Job Losses: The company laid off hundreds of employees, including those who worked in its firearms department.
- Industry Impact: Dick’s decision has been followed by other retailers, including Walmart and Kroger, which have also stopped selling firearms in some or all of their stores.
The Reasons
So, why did Dick’s stop selling guns? Here are some of the key reasons:
- Public Pressure: Dick’s faced intense pressure from customers, employees, and the public to take a stand against gun violence. The company’s decision was seen as a way to demonstrate its commitment to safety and responsible gun ownership.
- Regulatory Environment: The regulatory environment surrounding firearms has become increasingly complex and restrictive. Dick’s may have seen the decision to stop selling guns as a way to avoid the legal and financial risks associated with compliance.
- Competition: The firearms market is highly competitive, and Dick’s may have seen the decision to stop selling guns as a way to differentiate itself from its competitors and attract customers who are looking for a more responsible approach to gun ownership.
- Brand Image: Dick’s has long been associated with its "Every Kid Plays" slogan, which emphasizes the importance of providing opportunities for children to participate in sports and other activities. The company’s decision to stop selling guns may have been seen as a way to reinforce this brand image and appeal to customers who value its commitment to safety and responsible behavior.
The Future
So, what does the future hold for Dick’s and the firearms industry? Here are some key trends and predictions:
- Consolidation: The firearms industry is likely to continue consolidating, with larger retailers acquiring smaller ones and eliminating competition.
- Online Sales: Online sales of firearms and accessories are likely to continue growing, as consumers increasingly turn to the internet for convenience and selection.
- Regulatory Changes: The regulatory environment surrounding firearms is likely to continue evolving, with potential changes to laws and regulations at the federal and state levels.
- Brand Differentiation: Retailers that differentiate themselves through their approach to gun ownership and safety are likely to attract customers and gain a competitive advantage.
Conclusion
Dick’s decision to stop selling guns has sent shockwaves through the firearms industry, and its impact will be felt for years to come. While the company’s decision was likely driven by a combination of factors, including public pressure, regulatory environment, competition, and brand image, it has also raised important questions about the role of retailers in promoting responsible gun ownership and reducing gun violence. As the industry continues to evolve, it will be important for retailers to prioritize safety, responsibility, and customer satisfaction in order to remain competitive and relevant.