With sales falling after the implementation of corporate gun control Dick’s Sporting Goods may have to close 35 stores across 18 states, Breitbart reported in mid-December.
The option of the closing the stores was revealed during a retail conference question and answer session with Goldman Sachs, the banking giant.
According to Breitbart.com, Dick’s Chief Financial Officer Lee Belitsky made clear no more of the company’s Field & Stream stores would be built and CEO Edward Stack went even further, floating the option of the closing the Field & Stream stores that exist already.
Stack said:
“My sense is that we can either take a look at closing that store, that concept or reconceptualizing it into a more of an outdoor type concept and we’re taking a look at all of these things and by the end of – the peak of the hunting season is coming up in – and basically, the end of the third and the beginning of the fourth quarter and as we move into the end of the fourth quarter, we’ll make a decision as to what we’re going to do.”
Stack explained the corporate gun control Dick’s adopted in February, which precipitated the slumping sales:
“What we said is, we would not sell any of the assault-style rifles, we wouldn’t sell high-capacity magazines. We’d never sold bumps stocks which turn a semiautomatic weapon into basically an automatic weapon, and we wouldn’t sell firearms to anyone under 21 years of age.”
Additionally, Dick’s followed its decision to quit selling commonly owned semiautomatic rifles by destroying the unsold rifles in stock, rather than sending them back to the manufacturer. They did the same thing with “high capacity” magazines in their inventory. And on August 31, Breitbart News reported that Dick’s would begin removing “hunt products” from certain stores.
With sales falling, Dick’s now faces the option of closing its Field & Stream stores altogether. The Washington Free Beacon reports that Dick’s has 35 such stores across 18 states.
No specific corporate reference was apparently made regarding a boycott of the company’s stores because of their gun control initiative. However, the Field & Stream stores are more hunter-shooter organized than the rest of the Dick’s Sporting Goods chain.
Barrett Army contracts
Barrett Firearms Manufacturing, Inc. has been awarded an $8 million contract for the procurement of M107A1, M107, and M82A1M, Caliber .50 Long Range Sniper Rifle systems with scopes, suppressors and spare parts kits, the company reported on Nov. 30.
The work is expected to be completed by Nov. 26, 2023, the United States department of defense said in its statement.
The M107A1 model comes with Lightweight aluminum upper receiver with integral 23” (58.4 cm) 27 MOA M1913 optics rail, 20” (50.8 cm) or 29” (73.7 cm) barrel with fully chrome-lined chamber and bore, 10-round steel magazine with cartridge witness indicators, and anti-corrosive coating.
Barrett also announced that it has also received a $3.3 million Maintenance Contract for the US Army Long Range Sniper Rifle
Murfreesboro, TN: Barret Firearms Manufacturing, Inc. has won a $3.3 million maintenance contract for the US Army issued M107, Caliber .50 Long Range Sniper Rifle system. The 5-year ID/IQ contract was awarded November 27, 2018 and will be available through November 26, 2023.