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The Quick Facts
- In a September 3rd press release, Walmart CEO Doug McMillon outlined a series of new gun policies in response to recent mass shootings.
- Walmart will "discontinue sales of short-barrel rifle ammunition such as the .223 caliber and 5.56 caliber that, while commonly used in some hunting rifles, can also be used in large capacity clips on military-style weapons."
- The company also promised to "sell through and discontinue handgun ammunition; and... discontinue handgun sales in Alaska, marking our complete exit from handguns."
- McMillon stated that, "we believe these actions will reduce our market share of ammunition from around 20% to a range of approximately 6 to 9%."