CEO Mike Duke is trying to shake Walmart out of its negative same-store sales trends by going back to “heritage” categories that helped it achieve success in the chain’s formative years. Among the products Walmart is adding back are fabric, fishing poles, and firearms. That last item has caught the attention of numerous media outlets as well as those who advocate on either side of gun control/rights.
Walmart currently sells firearms in about a third of its locations after a decision five years ago to eliminate departments in many stores. With its new plan, the chain plans to eventually offer firearms for sale in roughly half of its stores. Walmart will not sell handguns.
“We made a business decision to sell them in certain stores because we have realized the appeal was perhaps broader than we thought,” David Tovar, a spokesperson for Walmart, told The Wall Street Journal. “But we are committed to doing it as responsibly as possible, as always, in compliance with all applicable local, state and federal laws.”
Continue reading at Forbes
Ed’s note: It’s probably a better idea to support your local gun shop.
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