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Thread: Ridiculous Media Spin
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March 11th, 2018, 10:52 AM #1
Ridiculous Media Spin
This particular weekend happens to be an historically busy one for all sporting goods retailers, as it is when tryouts and clinics start for Little League baseball and girls' softball. Because of new Little League rules, every single kid had to get a new bat this year. Dick's flooded the local leagues with store-wide 20% off coupons, good only last weekend.
Comparing last weekend to the weekend before is meaningless.
https://nypost.com/2018/03/08/dicks-...-on-gun-sales/
Dick’s gets traffic surge after taking stand on gun sales
By Lisa Fickenscher
March 8, 2018 | 9:56pm
Maybe Dick’s Sporting Goods should have taken its bold move on guns sales years ago.
Customer traffic to the 700-plus-store chain grew 3.7 percent the weekend after it announced it would no longer sell assault-style rifles and high-capacity ammunition magazines — as well as guns to anyone under the age of 21, The Post has learned.
Despite boycotts and social media threats against the retailer following its Feb. 28 announcement, more customers flooded its stores compared with the weekend before its move.
The move by Dick’s followed the school shooting in Parkland, Fla. In Florida, traffic to Dick’s stores increased 9 percent over the two weekends, according to Reveal Mobile, which tracks location data on mobile devices.
“Anytime a nationwide retailer can gain nearly 4 percent in foot traffic, that can have a very positive impact on revenues,” said Matthew Davis, chief marketing officer of Reveal Mobile, a Raleigh, NC, company.
A second customer-traffic monitoring company showed the number of cars in the parking lots of Dick’s stores was up by a high single-digit percentage over a four-day period — from Feb. 28 to March 3 — compared with the year earlier period.
“Our satellite imagery analysis of customer car traffic showed an increase after the company announced their more restrictive gun sales policy,” said Mike Gantcher, of Remote Sensing Metrics, which collected the data.
New Yorkers generated a 14 percent increase in customer traffic at Dick’s stores, while California customer traffic grew by 4.6 percent, Reveal said.
But not all stores saw increases.
Those in Texas saw an average 5.8 percent decrease, while West Virginia stores drew 2.7 percent fewer customers, according Reveal Mobile.
Dick’s, based in Coraopolis, Pa., did not respond to questions for comment — but at least one Wall Street analyst was surprised by the findings.
“I would have expected them to lose business because they stopped selling something,” Wedbush analyst Christopher Svezia told The Post.
“[Cutting off] gun sales to people under 21 will have an impact,” he said.
However, the effect may be small as, Svezia noted, Dick’s hunting business represents less than 10 percent of sales.
“The question becomes: How many people are shopping at Dick’s to show their support, and to what degree is this long term or short term?” Svezia added.
At least 20 major companies, including Delta and United Airlines, Allied Van Lines, MetLife and Hertz discontinued discount programs to members of the National Rifle Association.
Meanwhile, Walmart, Kroger and REI have taken even stronger steps — curtailing sales of guns or merchandise made by gun companies.
Public opinion toward Walmart and MetLife rose after their gun control announcements, according to data by Morning Consult.
Dick’s shares fell 1 cent on Thursday, to $31.53. They are up 10 percent this year.Boy, I say boy, you're reaching the limits of my medication!
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March 11th, 2018, 11:52 AM #2Grand Member
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Re: Ridiculous Media Spin
Wow, I was so mad when Dick's announced another anti-2A stance I crapped my pants.
So by extension, this means that Dick's had increased traffic; so when I crap my pants, I'm helping Dick's business profits.
Such lovely logic.
Propaganda: Because dressing up a lie is easier than facing the truth. --NY Post.It is you. You have all the weapons that you need. Now fight. --Sucker Punch
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March 11th, 2018, 12:37 PM #3
Re: Ridiculous Media Spin
That upsurge in traffic includes people returning items in protest.
Guaranteed.
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March 11th, 2018, 12:47 PM #4
Re: Ridiculous Media Spin
You can make a statistic out of anything and I feel insulted when they do it. Maybe I shouldn't, maybe I should just pity the fools who do...i e, "This was the coldest Monday February 2nd on record." Not the coldest Monday, not the coldest day, not even the coldest Monday in February, just the coldest Monday that it happened to be the 2nd of February. It's comical when the sports commentators do it too.
Gender confusion is a mental illness
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March 11th, 2018, 01:06 PM #5
Re: Ridiculous Media Spin
Foot traffic is a meaningless stat. Sales and profits are what counts. There is nothing in the article that states whether the foot traffic is converted into sales. It does however state that Dick shares were down on Thursday. See, that's how it's done, only report part of the story. This is how the media works.
Corruption is the default behavior of government officials. JPC
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March 11th, 2018, 01:08 PM #6
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March 11th, 2018, 01:30 PM #7
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March 11th, 2018, 02:29 PM #8
Re: Ridiculous Media Spin
Confused. Why does every kid need to buy a bat? Doesn’t the team supply bats??
It has been a long time...but when I played baseball way back when, the team supplied bats, balls, helmets, etc. sort of everything but what players wear.
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March 11th, 2018, 02:31 PM #9
Re: Ridiculous Media Spin
Kids like having their own stuff. The best bat, coolest helmet etc
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March 11th, 2018, 02:34 PM #10
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