Posted on 04/15/2018 12:41:35 PM PDT by Simon Green
I live in Corsicana, a small Texas town of about 24,000 some 56 miles south of Dallas. I was born here 70 years ago and in my lifetime traveled around the world with long stretches on the Left Coast's La-La/Hollywood Land to come back to live out my remaining years in the Big C.
About 2004 or so they opened a Gander Mountain in Corsicana. I was rather surprised, especially when I visited it for the first time, seeing their large, well appointed store and saw the prices they expected people to buy their wares for--
They had a large gun section but all the new firearms there were priced at retail list. I'd been in the gun business off and on for some 40 years, so I knew you seldom sold one at list price. This top line pricing was the same with their hunting and sports clothing lines. $59.99 for a pair of camouflage overalls when the ones I had on on the time I had paid $17.99 on-line plus $8.50 shipping.
I fished a lot back then, so I walked around and around the fishing section, amazed by the values they placed on rods, reels, assorted fishing tackle. lures and accessories. The cheapest thing I could find they sold was a metal fish stringer like the one shown below that they priced at $2.69.
https://img.etsystatic.com/il/ab3682/1150838186/il_fullxfull.1150838186_h3bg.jpg?version=0
That same fish stringer was priced 4 miles away at the Corsicana Walmart for 89 cents.
Needless to say, there was never any kind of crowd in their parking lot nor in their store. In July of 2015 the store closed and what was so surprising was that they managed to last some 10 or so years!
Have never been in a Dick's Sporting Goods. MC Sports, Sports Authority. Looks like I never will--
That might have worked in the good old days, but that meanie Trump went and simplified the tax code, lowering the corporate rate to a flat 21%. Even were the cost of the intentionally destroyed goods allowed as a deduction, Dicks is on the hook for $.79 out of every Dollar.
Why try to appease leftist pansies when they are not your customers? I say bankrupt in six months.
19. *
Nunn v. State, 1 Ga. (1 Kel.)
243
, at
251
(1846)
.
“’The right of the people to bear arms shall not be infringed.’ The right of the whole
people, old and young, men, women and boys, and not militia only, to keep and bear
arms of every description, and not such merely as are used by the militia, shall not be
infringed, curtailed, or broken in upon, in the smallest degree; and all this for the
important end to be attained: the rearing up and qualifying a well-regulated militia, so
vitally necessary to the security of a free State.”
IF I were Trump-—I would tell the IRS that Dick’s CAN NOT deduct a single penny for inventory they deliberately destroyed.
As a life long bookkeeper/accounting person, I would have a coniption fit if I worked for such a client.
Probably could never sell them even if they changed policy. They’ve lost the market share they could have had. Now they’ll be just another REI type sporting goods store, as they learn that NO gun buyers will grace their aisles.
They could send the product back to the manufacturers and distributors for refunds minus restocking fees, but what kind of virtue signal would that be?
Theyll just write the loss off on their taxes and probably make money.
This is a deliberate setting up of a loss. Sort of like ARSON on your own building. With all of this publicity, perhaps the IRS won’t allow such a loss.
But-—long before they try to write such a loss off, the stockholders better step in. Their investments could be tanking soon.
I wonder how many will end up in the hands of those not in the salvage industry? Is there value in serial/tracking numbers supposedly destroyed?
“Actually, if they REALLY want to virtue signal their pure SJW, they should buy another full round of inventory from the manufactures and destroy that as well.”
Why they aren’t already doing it defies their logic.
I’d let them load it all into my canoe.
I would, too, since my last canoe load of em sank. ;-)
I wont set foot in such an appropriately named store
Lets see who runs that place........on I 65 south of Indy...Wifey driving.....her flat white in hand
Googling
Edward Stack inherited from daddy
WASP
a bit surprised
Oh well
Academy and Bass Pro and Cabelas .....same company now
Gander
Screw Dicks and Meyer and Waltons
Ya, I hate it when that happens!
I am sure there are some sheriffs departments that could use those evil AR-15’s that the dickheads are going to destroy. But that would not make for the great photo op for the media. Will they invite Camera Hogg to help cut up some guns for TV??
The cost of the inventory being destroyed will be passed through to all the other customers via higher prices. Don’t shop there for anything.
I would think the manufacturers would demand unsold stock back.
Never went there anyway.
But now I make a conscious point to never go there.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.