Here’s Why Wal-Mart is Limiting Ammunition Sales
Ammunition is in short supply – at least at Wal-Mart (NYSE:WMT), where the retailer has begun to ration bullets.
President Barack Obama’s reelection in November raised concerns for gun advocates that regulations on firearm purchases would be tightened. With the school shooting in Newtown, Connecticut, last December bringing gun control to the forefront of the national discourse, gun sales have soared as people are worried that their right to buy assault rifles will be curtailed.
Wal-Mart is the largest gun seller in the United States, but high demand has made its ammunition supplies limited. A company spokeswoman, Ashley Hardie, told Reuters on Thursday that its stores had restricted sales of ammunition to three boxes per customer per day.
“Right now we’re monitoring supply issues daily, since supply is limited at this time,” she said. “We’re trying to take care of as many customers as possible and we’re working with suppliers to put products back on shelves.”