Still shopping at Dicks?
https://www.usatoday.com/story/mone...assault-rifles-destroyed-ed-stack/3905106002/
https://www.usatoday.com/story/mone...assault-rifles-destroyed-ed-stack/3905106002/
was it a write off of inventory for tax purposes, requiring the goods be destroyed?
I had supper with folks last night that were talking about this. I wondered what a stirred up their interest in this.nope. Straight virtue signal.
I listened to an interview with him yesterday where he explained his motives and their process.
You keep muddying the waters with logic! What am I gonna do with you?Why didnt he destroy all the shotguns after Aurora CO theater shooting?
I had supper with folks last night that were talking about this. I wondered what a stirred up their interest in this.
Soooo.......300% of 0 I'm guessing is..... wait for itIn recognition of this valiant Tribute to Wokeness, I hereby vow to increase my post-2017 spending at Field of Dicks by 300% in the next year.
This^^^^^^^^^^^^^^^^^I literally don't know anyone who shops at Dick's.
Yes! Dick's is sexist, toxic masculinity and all. They should protest. Actually, some right wingers masquerading as screaming liberals should protest.Meh I don't care what they do with their inventory. I don't like the virtue signaling BUT... They named their store after a male body part, and they're pandering to customers stupid enough to make an issue of that. Just you wait, they'll learn they picked the wrong side.
Exactly. They told conservatives we were deplorables in 2016. And now, 3yrs later, we are, alternately, Nazis and Putin puppets.When someone tells you they don’t like you, or what you stand for, believe them.
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Guys, y'all are missing the point. They are simply thinking of the children here - the CEO has said that. Good for them! It makes me happy - now I can stroll down the aisles at Dick's and not be reminded of endangered kids while I shop for Bangladeshi and Cambodian made Nike apparel...
It's all smoke and mirrors for the cameras. No one throws away $5 million. No way it was $5 million cost, it was retail price, big difference. Also I'd bet they got a major tax write off. They very likely got an under the table gov't kickback too.
The CEO wrote a book all about their decision to drop guns. He's been making the rounds of talk radio doing promotion.
The inventory in question was not “obsolete” in the way @Mike Overlay article describes. It was not obsolete or unsellable.
I’m not a CPA, but I’d think that inventory taken off the shelf and purposefully destroyed would be treated the same as something taken for personal use. The value would be charged against owner’s equity rather than expenses. IOW, not a “write off”.