No it isn't.
Here let me show you haw a good apology goes: "We have terminated the employee involved, and are issuing a 50% refund to Mr. Straka.
It is our policy to serve all customers regardless of sex, race, national origin, ethnicity, or political stance."
You are dead wrong.
Dead wrong.
The company has an obligation to itself, and to all of it’s employees, to learn the truth of what happened before it acts.
You (apparently) want to punish someone based on unsubstantiated rumors.
“...and we are shutting down our retail and mail order operations for one day of training of all employees.”