Wal-Mart said Thursday that it is bringing guns back to many of its U.S. stores in an effort to lift slumping sales.
In 2006, Wal-Mart (WMT, Fortune 500), the world’s largest retailer stopped selling guns in the majority of its stores, blaming slow demand for those types of firearms.
Wal-Mart currently sells rifles, shotguns and ammunition in about 1,300 stores in the United States.
Those firearms will now be available at about half of Wal-Mart’s 4,000 stores.
Via Instapundit, who writes
Nowadays, guns and ammo are regarded as good investments.