A horrific school shooting was the last straw for the CEO of Dick’s Sporting Goods

Edward Stack, the 64-year-old CEO of Dick’s Sporting Goods, is an unlikely champion for gun control. Judith McKenna: Walmart spent $16 billion to break into India. She has to make it work Mary Barra: Her impatience could save GM Read all 14 Risk Takers profiles “You know everybody talks about thoughts and prayers going out to them. That’s great. That doesn’t really do anything,” he said on CNN. “We felt we needed to take a stand and do this.” Stack expected a backlash. He was firm in his decision, despite the potential harm to sales. “As we sat and talked about it with our management team … it was, to a person, that this is what we need to do, …

How Target is trying to woo mom and dads

New York (CNN Business)Moms and dads are some of the best shoppers for retailers. Target has a plan to win them over: Focus on the kids. A combination of factors has buoyed growth. Many parents today are having children later in life and are further along in their careers. That means they have more disposable income to spend and room to trade up for flashy clothes for their little ones, according to Ayako Homma, an analyst who covers the children’s clothing market at Euromonitor International. Target has taken aggressive steps to woo parents and capitalize on an opening in the market. Former heavyweights Toys “R” Us and Babies “R” Us are gone, Gymboree has filed for bankruptcy a second time …