Economy

Dick's Sporting Goods says it destroyed $5 million worth of rifles

Dick's Sporting Goods says it destroyed $5 million worth of rifles”

Dick's Sporting Goods destroyed $5 million worth of assault rifles instead of returning them to their manufacturers, the Findlay-based company's CEO told CBS in an interview.

Longtime chief executive officer Ed Stack said the company turned $5 million worth of their guns into scrap metal.

That decision came after the shooting at Marjory Stoneman Douglas High School in Parkland, Florida that left 17 dead and 15 injured in a brutal attack by a former student with an AR-15 rifle on February 14, 2018.

Stack said in the CBS interview that the changes cost the company almost a quarter billion dollars in sales.

Walmart stopped selling certain types of ammunition and banned customers from openly carrying weapons in its stores last month in the wake of a mass shooting at one of its locations in El Paso, Texas.

The shotgun wasn't the one used in the shooting, but Stack said that didn't matter because the shooter could have. Stack is considering making that a company-wide policy though. A number of merchants set more rigorous rules on firearm sales, and others pulled away from deals with the National Rifle Association, which argued that restricting gun purchases wouldn't make Americans safer. If we really think these things should be off the street, then we need to destroy them, '" Stack told CBS News in an interview promoting his book, "It's How We Play the Game: Build a Business. "We just didn't want to sell the assault-style weapons that could inflict that kind of damage". Stack said the retailer is considering extending pulling guns from all stores.

"We've got the whole category under strategic review to see what we're going to do with this category", he said. He said this was done without any announcement from the company and that the company received some backlash.

"My response is: 'You're probably right, it won't, '" Stack told CBS.

Other companies are also taking measures or raising awareness on the gun control issue. Walmart stopped selling AR-15s in 2015 and in August they chose to stop selling some types of ammunition.



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