U.S.
Trending

Walmart Announces Halt to Ammo Sales for Handguns, Short-Barrel Rifles

Walmart announced Tuesday it will stop selling ammunition for handguns and short-barrel rifles sparking outrage among Second Amendment supporters.

In the wake of 2 mass shootings at Walmart stores in recent months, the company said Tuesday it plans to discontinue handgun ammunition and all sales of short-barrel rifle ammunition that can be used with military-style assault weapons, CNBC reports. 

By the numbers: Walmart estimated that it made up about 2% of the market for firearms, putting it among the “top three sellers in the industry,” per CNBC. The company also owns an estimated 20% share of the market for ammunition. Walmart anticipates that market share will drop to 6%–9% with the new policy in effect.

Continue reading the full article at Axios.

Tags

Related Articles

Back to top button