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Long ago, in The Time Before, Dick’s Sporting Goods sold guns. Lots of guns. And then the son of the founder decided to get woke and stop selling guns at all but a handful of the chain’s stores. After being hailed as a progressive, forward-thinking responsible retailer, the company now admits that going woke and kicking guns to the curb cost it (and its shareholders) $250 million in revenue.

That’s probably an understatement. When the pandemic hit, gun stores saw lines of people waiting to buy firearms, ammo, and accessories. Meanwhile, over at No-Guns Dick’s, corporate was furloughing employees as fast as their printers could pump out the pink slips. They sent 40,000 employees home when sales fell off a cliff and gun retailers were doing land office business.

> Long ago, in The Time Before, Dick’s Sporting Goods sold guns. Lots of guns. And then the son of the founder decided to get woke and stop selling guns at all but a handful of the chain’s stores. After being hailed as a progressive, forward-thinking responsible retailer, the company now admits that going woke and kicking guns to the curb cost it (and its shareholders) $250 million in revenue. > That’s probably an understatement. When the pandemic hit, gun stores saw lines of people waiting to buy firearms, ammo, and accessories. Meanwhile, over at No-Guns Dick’s, corporate was furloughing employees as fast as their printers could pump out the pink slips. They sent 40,000 employees home when sales fell off a cliff and gun retailers were doing land office business.

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[–] • 0 pt

Making it illegal and making them criminally liable for not following fiduciary responsibilities.

[–] • 1 pt

If it is a public company they can be voted out of their jobs, but I don't think it is illegal to make a stupid decision. I wish it was though.

[–] [deleted] • 0 pt

They can be sued by their shareholders for failing in their fiduciary responsibilities.

[–] • 1 pt

Not if they are in Delaware. There is a reason every corporation is incorporated there. Dissenters rights it is called. Unless things have changed a lot in the past ten 20 years Delaware does not allow for that, which means a shareholder can't bitch and moan and they get nothing, other than voting rights.