Walmart to Phase Out Semi-Automatic Weapons from Stores in Two Weeks
Walmart to Phase Out Semi-Automatic Weapons from Stores in Two Weeks

In view of the dip in sales, a Walmart spokesperson on Wednesday announced that its stores will stop selling AR-15 rifle and other semi-automatic weapons.

The stocks of these semi-automatic equipments were already limited to less than half of the company’s 4600 stores across the US. The company officials said that even these stocks will be taken off the shelves within two weeks.

Walmart’s spokesperson, Kory Lundberg, clarified that this decision was politically influenced and was taken a year ago. "It's similar to what we do with any product. Being what it is, it gets a little more attention, but it's the same process for any other product," Lundberg said.

While refuting to disclose the amount of dip in sales of in the weapon segment, Lundberg said the decision was taken in view of the falling incomes from the segment.

He further announced that Walmart will add stocks of rifles and shotguns instead. The market analysts upheld the reasons provided by Lundberg, stating that a big company like Walmart is largely market-driven.

The company, in fact, has long been receiving suggestions from the market analysts for reconsidering the sales in the weapon segment and it finally made changes.

The company officials assured that sales of the guns will not be discontinued at least for now. The clarification came after one of WalMart’s shareholders, Trinity Church in New York, reportedly emphasized for review in the gun sales policy.

Check out More news from Recruitment News :: Admissions :: Exam Results :: Telecom Sector :: Pharmaceutical Sector :: Auto Sector :: Infrastructure :: Real Estate