Dick's Sporting Goods has turned $5 million in gun inventory into scrap metal, according to its CEO.
During a Sunday interview with CBS News, Stack revealed an interesting tidbit: he made a decision to scrap more than $5 million worth of AR-15s into scrap metal instead of selling the stock.
The move comes after DICK'S made the decision a year ago to stop carrying the rifles following the mass school shooting in Parkland, Florida, that left 17 people dead. "That's when I said, 'we're done.'" Stack then made it company policy to not sell guns to people under the age of 21 and to stop selling high-capacity magazines. "If we really think these things should be off the street, we need to destroy them", Stack recalled. To reinforce their stance, Stack said, he ordered the $5 million worth of firearms pulled from the shelves to be annihilated.
In his CBS interview, Stack said after the 2012 Sandy Hook Elementary shooting in Newtown, Connecticut, he removed the AR-15 from his chain of 720 stores.
"We didn't expect to get what we got", Stack said.
Elaborating on why he eliminated the weapons that he elected not to sell, Stack added: "I said, 'You know what?"
Dick's has stopped selling firearms and ammunition at 125 of its more than 700 stores, and Stack says he's mulling a chain-wide ban, despite opposition from people who say it won't stop mass shootings. The company, which his father started as a fish-and-tackle shop in 1948, has sold guns since long before Stack started working there in 1977.
Several deadly shootings this summer in El Paso, Texas, and Dayton, Ohio, have intensified the gun control debate. Other major retailers have asked customers not to open carry in their stores.
Even though it wasn't the weapon used in the shooting, that largely impacted the company's actions.
Walmart said at the time that the company will also stop selling handguns in Alaska, the only state where it sells them. He said this was done without any announcement from the company and that the company received some backlash.