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Walmart to Stop Sale of Military-Style Weapons After Horrific Shootings

Walmart stated Tuesday it could cease all sales of handgun ammunition and sales of quick-barrel rifle ammunition that can be utilized with military-style weapons, following two “horrific” shootings at Walmart stores this summer.

It is going to also stop all handgun sales in Alaska, marking its full exodus from the handguns category.

The largest retailer in the world is also asking customers at Walmart and Sam’s Club to not brazenly carry firearms in stores, in states the place “open carry” is allowed, except they’re authorized law enforcement officers. Open carry legislation is at the moment on the books in more than 26 states, Dan Bartlett, executive vice president of corporate affairs, stated throughout a call with members of the media.

Walmart stated it wouldn’t be altering its policy for customers who’ve permits for concealed carry. And will probably be including signage to shops within the coming weeks to communicate the updates.

Shares of gun and ammunition makers added to losses earlier in the day. Vista Outdoor’s inventory closed down 6%. Smith & Wesson parent firm American Outdoor Brands’ stock fell nearly 4.5%. Sturm Ruger & Company shares closed down 0.6%. Walmart shares ended the day up 0.3%.

“We’ve also been listening to lots of people inside and outside our firm as we think about the role we will play in serving to make the nation safer,” the CEO added.

McMillon said he would also be sending letters to the White House and congressional leaders, asking for movement on “common-sense measures.” He’s urging the government to “strengthen background checks and to remove weapons from those that have been decided to pose an impending danger.”

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