Walmart stores are recognized as both the world's largest retailer, and the world's largest gun seller. Which is why a new policy by the Arkansas based corporation on Jan. 24 to limit ammunition purchases for customers will have wide ranging affects on both supply, and prices for all gun retailers around the country.
Bentonville-based Walmart is making changes to its ammunition policy.
According to a company spokesperson, the world's largest retailer is now limiting the amount of ammunition one can purchase.
Starting this week, Walmart customers are limited to buying three boxes of ammo per day.
Walmart reps say limited stock is the reason behind the new policy. - Arkansas Matters
Since 2009, and immediately after Barack Obama took office, sales of guns and ammunition have skyrocketed as the fears of gun bans, and legislative attacks on gun ownership, would commence under Democratic leadership. These fears were heightened after the Aurora and Sandy Hook shootings of 2012, which created a firestorm of calls for bans on firearms by the Federal government, and members of the media.
Subsequently, shortages on ammunition have been prevalent since last summer when the Department of Homeland Security purchased over 1.4 billion rounds to be distributed to numerous government agencies. These purchases alone have helped create the nationwide shortage, which is now affecting local police forces who are finding ammunition needs for their own missions at risk.
Immediately after the Sandy Hook school tragedy, Walmart experienced a run on guns and ammunition so great, that retail stores in five states reported a complete selling out of all inventories, which may be the primary reason for the new policy on limiting ammunition sales to customers.
With California Senator Dianne Feinstein today submitting new legislation to ban dozens of types of firearm weapons, and to limit the size of lawful gun magazines a little more than a week after President Obama's 23 point plan to stem gun violence, the rush to purchase firearms and ammunition doesn't appear to be subsiding anytime soon. The consequences from this, will be continued shortages of ammunition by retailers like Walmart, and a continuing rise in prices as demand pushes hard on tightening supplies.