Walmart will stop firearm sales in New Mexico due to background checks laws: report



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Walmart would stop selling firearms in New Mexico stores at the end of the month.

The retailer's decision was made after the state passed a new law expanding background checks, which came into effect on July 1, reported CBS News.

The new legislation would allow people to register firearms purchased outside of Walmart. This would include handguns or assault rifles, which Walmart does not sell – except for the sale of handguns in Alaska, depending on the point of sale.

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The company stopped selling AR-15 rifles and other semi-automatic weapons in 2015 due to weak demand.

A spokesman for Walmart told CBS that the company had made the decision because the store associates were not trained to handle assault rifles or handguns and customers could be upset when they saw the weapons. fire unexpectedly.

"The New Mexico Firearms Act would force New Mexico's Walmart stores to verify the history of inter-personal transfers, which our stores are not designed to do because of the risks to the safety of our associates. and our customers, "Tiffany Wilson, director of communications at Walmart, told CBS News in a statement. "The company has decided to surrender its federal firearms licenses and will no longer sell firearms in our New Mexico stores."

According to the outlet, Walmart will stop selling firearms in New Mexico on July 22 but will continue to sell ammunition. Any firearms left after July 22 will be transferred or sold to locations in other states.

Teleprinter security Latest Change % Chg
WMT WALMART INC. 112.64 -0.24 -0.21%
DKS DICKS SPORTING 35.83 -0.18 -0.50%

Similarly, Dick's Sporting Goods announced in March its intention to stop selling firearms and other hunting products in its 125 stores this year.

The chain based in Coraopolis, Pennsylvania, removed the category of 10 stores in 2018, sites that "then had a sharp improvement in the margin rate," said general manager Ed Stack to investors in March.

In-store sections will be replaced by "categories of commodities that can generate growth," he said.

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After a shootout at a Florida school in February 2018 that claimed the lives of 17 students and staff members, Dick's reached the minimum age to purchase a firearm until age 21 and banned the sale of rifles type AR-15.

While Stack had predicted that this would attract new customers, this decision resulted in a decline in hunting industry revenues.

Joe Williams of FOX Business and Associated Press contributed to this report.

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