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Dick’s Sporting Goods announced Tuesday it will no longer sell guns at 125 of its stores, furthering its retreat from gun sales that began last year when the ban only applied to 10 of its stores, the Wall Street Journal reports.
Why it matters: Dick’s has seen a sharp dip in sales since restricting gun sales to purchasers under 21 and taking assault weapons off the shelves entirely following the Parkland, Florida, school shooting last February. CEO Ed Stack said Dick’s will remove firearms from markets where the sales currently underperform. In place of the guns, Dick’s will be selling licensed sports gear and other outdoor recreational gear that tends to sell faster.