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(Newser)
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After the shooting at a school in Parkland, Florida, a year ago, it appeared that the alleged gunman had legally purchased a gun from Dick's Sporting Goods; one day after his arrest, a Vermont teenager was arrested for his planned shooting in his school. He too had legally bought a gun from Dick. A few weeks later, Ed Stack, CEO of Dick, pulled out of his stores assault rifles and high capacity magazines, and banned the sale of firearms to anyone under the age of 21. At present, Bloomberg reports the cost of this operation: about $ 150 million in lost sales, or 1.7% of the company 's annual business figure.
Stack does not back down. "The system does not work," says Stack, himself a gun owner. "It's important that when you know something is not working and to the detriment of the public, you have to get up." Firearm sales have resulted in the sale of related items such as camouflage, but Bloomberg notes that they were already in decline before Stack's move. (Read more stories from Dick's Sporting Goods.)
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