Starbucks CEO takes a stand in presidential race
If any retail CEO is going to endorse a candidate in this year’s presidential race, Howard Schultz would certainly rank at the top of the list.
In an interview with CNN on Wednesday, the Starbucks chief executive endorsed Democratic candidate Hillary Clinton for president. Schlutz is one of the retail industry’s most politically outspoken chief executives and the endorsement is in keeping with his political leanings — he had described himself as a life-long Democrat. It also comes as the chain has is increasingly speaking out on social and political issues.
“I think it's obvious that Hillary Clinton needs to be the next president," Schultz said in an interview with Poppy Harlow at CNN Money's American Opportunity breakfast. "On the other side, we've seen such vitriolic display of bigotry and hate and divisiveness, and that is not the leadership we need for the future of the country."
And she will not be good for Americans who love liberty. She will be good for anti-religionists, big government lovers, amnesty advocates, and people who want to live off the backs of others.
Dick’s Sporting Goods acquires team business tech firm
Back in January, Dick’s Sporting Goods launched Team Sports HQ in an effort to capture the nation’s lucrative youth sports league business. Today the company announced the purchase of the tech to get it there.
Affinity Sports, acquired by Dick’s’ for an undisclosed price, creates software that facilitates the registration, scheduling, and communication processes between national or regional governing bodies and their associated leagues. Dick’s aims to close the loop in this system via HQ that will let leagues design gear and coaches and parents order uniforms from Dick’s on team websites.
“The acquisition of Affinity Sports will help us to deliver an unparalleled service to some of the largest youth sports organizations in the country," said Dick’s CEO Edward Stack in a statement announcing the acquisition.
It will also allow Dick’s to grab a huge share of a strong and steady business. In a 2013 study, Turbo Tax determined that 20 million U.S. children ages 6 to 16 participated in organized, out-of-school sports and that their parents spent an average of $671 a year outfitting them.
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