American consumers are feeling increasingly less confident these days as fears of an oncoming recession remain elevated.

Dick’s Sporting Goods profit slipped in its second quarter and missed Wall Street’s expectations as the retailer cut its full-year profit outlook, citing worries over theft at its stores.

Dick's Sporting Goods gifted $1,000 to Inner City Athletics track team.

The Virginia Commonwealth Games are back on this year with at least seven different sporting events set to happen at Liberty University in Lynchburg.

A return to team sports is giving Dick’s Sporting Goods a lift in its first quarter as sales more than doubled.

At home workouts and outdoor athletic activities are shaping up to be good business for Dick's Sporting Goods. The retailer's second-quarter results easily beat Wall Street's expectations as consumers continue to focus on health and wellness while stuck at home amid the coronavirus pandemic. During this pandemic, the importance of health and fitness has accelerated and participation in socially distant, outdoor activities has increased. Sales at stores open at least a year, a key gauge of a retailer's health, increased 20.7%. Families are now expanding beyond workouts to socially distant activities that everyone can enjoy, like hikes, backyard camp outs and fishing.

ROANOKE, Va. – Although we’re just under four months away, retailers are beginning to announce they will not be open on Thanksgiving. Dick’s Sporting Goods announced Monday that it will close all its stores this Thanksgiving. “We are so thankful to our teammates for their hard work and dedication,” said Ed Stack, Chairman and CEO. We will continue to do all we can to support them and show our gratitude.”In previous years, most stores were open with limited evening hours on Thanksgiving. Last week, Walmart said it would close its stores on Thanksgiving as well.

Scott Olson/Getty Images(CNN) - Dick's Sporting Goods has destroyed $5 million of the chain's gun inventory, its CEO said. After finding out that Dick's had sold the Parkland shooter a shotgun, CEO Edward Stack decided last year the company would no longer sell firearm to anyone under 21. Dick's announced it would destroy its inventory of weapons, rather than allow them to be sold by another retailer. Since then, about $5 million of the chain's gun inventory has been turned into scrap metal, Stack said in an interview with CBS. Though the gun sold to the shooter was not the AR-15-style rifle used in the shooting, Stack said he couldn't stand being part of the narrative of mass shootings.

Its sales were not significantly hit in stores where it replaced its "hunt" business with other items. Dick's pulled hunting products, including firearms, out of 10 stores last fall as an initial test. Stack said the hunting business hasn't been a particularly good one for either Dick's or the industry as a whole recently. And the margins in the firearm business is lower than the margins for other products that Dick's sells. But Stack said the company isn't ready to make a decision about whether to drop the hunt business altogether.

ROANOKE, Va. - Dick's Sporting Goods is considering an end to gun sales. Earlier this year, the company pulled out of the hunting business at 125 stores, leaving sales in about 600 stores. Dick's said it would study the impact on overall sales and complete a review by August. The company has moved on gun sales before. An announcement about a new gun policy could come Thursday, when the company is set to report quarterly results.

Walmart, despite a history as a seller of hunting weapons that goes back to its origins, has also shifted its gun sales policies in response to high profile shootings. Brown said the company should encourage other retailers to follow its lead in implementing safe firearms sales policies. Walmart could also play a role in educating its customers on gun safety, said Texas Gun Sense President Ed Scruggs. Dick's has pulled gun sales entirely from more than 100 of its stores, and suggested that trend may continue. Public statements like these do make a difference, said Shannon Watts, founder of gun safety advocacy group Moms Demand Action.

Spencer Platt/Getty Images(CNN) - Looking for more proof of just how hard it is for traditional retailers to compete in a world that's increasingly dominated by Amazon? Nordstrom and Gap are the worst-performing stocks in the S&P 500 so far this year. Several other big brick-and-mortar retailers are among the market's biggest losers of the first half of 2019. All of those companies have recorded sluggish sales and profits as consumers increasingly shop online. And Home Depot, which faces less competition from Amazon and online shopping in general, is up more than 20%.