First published at 19:24 UTC on September 6th, 2019.
Walmart will bar shoppers from openly carrying guns in its stores and stop selling some ammunition in response to 2 deadly shootings
Walmart is barring shoppers from openly carrying guns in its stores and ending the sale of some types of ammunitio…
MORE
Walmart will bar shoppers from openly carrying guns in its stores and stop selling some ammunition in response to 2 deadly shootings
Walmart is barring shoppers from openly carrying guns in its stores and ending the sale of some types of ammunition in response to two deadly shootings at its stores, the company said on Tuesday.
"After selling through our current inventory commitments, we will discontinue sales of short-barrel rifle ammunition such as the .223 caliber and 5.56 caliber that, while commonly used in some hunting rifles, can also be used in large capacity clips on military-style weapons," Walmart CEO Doug McMillon said in a memo to employees on Tuesday.
https://www.businessinsider.com/walmart-bans-open-carry-guns-stops-selling-some-ammunition-2019-9
Business strategy expert breaks down Walmart's end to handgun ammo sales
"They have built a business that includes selling firearms and ammunition," business strategy expert Matthew Mitchell said. "So, this week's decision really represents a change from that strategy."
Mitchell said the bold move will hurt Walmart in the short term. The company estimates its share will drop from 20% to 6%.
He said the same thing happened to Dick's Sporting Goods in 2018 after the company made a similar decision to pull ammunition from its shelves.
"Since that time, they have posted 2.3% growth year over year for this last quarter, which is a significant improvement," Mitchell said.
https://www.kcci.com/article/business-strategy-expert-breaks-down-walmarts-end-to-handgun-ammo-sales/28906549
San Francisco Officials Designate NRA a Domestic Terrorist Organization
The San Francisco Board of Supervisors unanimously passed a resolution Tuesday declaring the National Rifle Association a domestic terrorist organization and urging other municipalities, states and the federal government to do the same.
The resolution calls out the NRA for inciting acts of violence and spreading "misinformation and propaganda" and encoura..
LESS