Retailers start to pull some rifles from shelves

Dick's Sporting Goods and Wal-Mart suspend some gun sales after last week's shooting in Connecticut.

By Kim Peterson Dec 18, 2012 11:03AM
Credit: Seth Perlman/AP
Caption: Steve Swartz, owner of Capitol City Arms Supply, shows off some of the rifles for sale in Springfield, Ill.,While politicians go back and forth about the future of gun control, some retailers are already making a statement and pulling assault weapons from their stores.

Dick's Sporting Goods (DKS) has suspended sales of its modern rifles nationwide. It's also taken all of the guns off the shelves at its store near Newtown, Conn., where a 20-year-old gunman opened fire at an elementary school last week, killing 20 children and six educators.

The company said it took those actions out of respect for the victims and their families in this time of national mourning.

The gunman, Adam Lanza, used one of the Bushmaster AR-15 guns in his deadly rampage. A semi-automatic version of the weapon is popular for civilian sporting use, The Dallas Morning News reports. The large retailers selling assault weapons include Dick's, Cabela's (CAB) and Wal-Mart (WMT).

Wal-Mart has stopped showing the Bushmaster Patrolman's Carbine M4A3 rifle on its website as well, according to The Nation. There is no word whether Wal-Mart will stop selling the weapon at its stores, however. But Wal-Mart's site still shows that it's selling other guns at its stores, including the Sig Sauer M400.

Cabela's meanwhile, has stocked up on guns and ammunition heading into the fourth quarter -- largely a bet on surging gun sales after the presidential election. Here's what CEO Thomas Millner said in October, according to the Atlanta Business Chronicle:

"At least coming in to the fourth quarter, we’ve taken a pretty aggressive position in inventory commitment to both guns and ammunition. So that’s a starting point. Clearly, if the president’s re-elected, I would expect some surge beyond the current levels, which are really good. And if Gov. Romney is elected ... I still think we’re gonna see gun growth next year. It probably won’t be at the same pace. ... So it’s probably a difference of degrees as we sit here today, but we’re doing a lot of stuff in our stores to make sure we are the easiest, fastest place to shop for your firearms purchases."

More from Money Now



Tags: Guns
1572Comments
Dec 20, 2012 4:03PM
avatar
This sounds like the American Colonies in 1774. Lets form a new Country
Dec 20, 2012 4:02PM
avatar
I remember a time where a supermarket stopped selling alcohol because someone got in a drunk driving accident and killed someone...oh wait, that never happens.  Nevermind.
Dec 20, 2012 4:02PM
avatar

We have become desensitized to killing. Whenever there is pause on whether to outlaw something that can cause destruction like we've recently seen, why is there a discussion at all? And please stop talking about how guns don't kill, people do! It's obvious laws are created to protect people from themselves. Because it's a proven fact, some people cannot be trusted to make good decisions.

Dec 20, 2012 4:02PM
avatar

While I have empathy for those affected by gun violence and do not personally own a gun, I find this ridiculous. Our news media is to blame. Some quick research will show that .0001364 percent of our population or 425 people are killed by rifle in (includes assault weapons) an average year. And handguns are responsible for about 6970 deaths on average. As a security professional this isn't a wise use of our resources. And an almost impossible one - you won't be able to stop a determined, mentally ill person from doing these things. Think about prisons - violence and death still occur even in that environment. To put this into perspective we have about 600,000 cancer deaths per year and 400,000 deaths do to car accidents per year. I for one would much rather us use our resources for the greater good of our population, where they can be of greater benefit to our society.

Dec 20, 2012 4:01PM
avatar
Guns are for cowards so keep buying cowards
Dec 20, 2012 4:01PM
avatar
I see absolutely no reason for anyone other than law enforcement or our US military to own an assault weapon.....it's even in the name "ASSAULT".  These guns are not necessary for our protection or for hunting.  There are plenty of other guns out there for that.
Dec 20, 2012 4:00PM
avatar

Taking guns off the shelf will not solve the problem.  Take food of of the shelf and people won't be obese.  Take cell phones away and there would be no more wrecks from texting and or talking on a cell phone.  Take the supplies needed to make meth......boy would you hear from the farmers, and those people who are so out of their head, has no idea when they have killed someone.  Take the fuel out of automobiles and we will not have any deaths from automobile accidents.  Taking away everyday rights will not solve anything.

 

Dec 20, 2012 3:59PM
avatar
Oh yea, That will help. Get real people !!!
Dec 20, 2012 3:59PM
avatar
Excellent and good for Cabela's to not be brow beaten by the left wing media. Gosh more people are kiiled and more children are killed each year by drunk drivers than those in CT. We tried banning alcohol and that did not work and banning any kind of firearms will not work either.
Dec 20, 2012 3:59PM
avatar

I think this is ridiculous for the simple fact that that stupid mother effer got his guns from HOME!!!!!!!!! I could understand removing them from shelves if he had went in and purchased them,but the simple fact is that his mother owned those guns and failed to properly store them and educate her children about them. This is simply a fact of poor parenting!!!!!!!

Dec 20, 2012 3:59PM
avatar
Well, GANDER MOUNTAIN put the Bushmaster .223 on it's Sunday ad....tacky!
Dec 20, 2012 3:57PM
avatar
Last time I checked, it was lawbiding citizens with no criminal record that did the mass shootings. Not criminals. And where is a gun lover when all of this is happening? There's never one around. They're at home polishing der gunz.
Dec 20, 2012 3:57PM
avatar

@defpotec-What they use for mass murder may be worse than guns. A gun or bomb is usually quick. They could poison water which could be very slow and painful. As you said they will find a way.

@Darthsith-You forgot one minor detail. The citizen that did the crime was diagnosed as needing psychiatric help but not given any until he or they commit a crime or die in the process.

Dec 20, 2012 3:56PM
avatar
They are taking down guns from being sold, so that if or when a decision is made, the prices will sky rocket, meaning bigger profit$$$
Dec 20, 2012 3:56PM
avatar
Good news for a change!  I am going to Dicks tonite and buying every family member a gift card.  We need to reward companies that do the right thing!
Dec 20, 2012 3:56PM
avatar
You gutless pukes. I will never buy from you people again. 
Dec 20, 2012 3:55PM
avatar

the liberals just wont quit!  and how many people will lose their jobs if they ban guns?  how many people will lose their lives?  the colorado shooter chose that theater because it banned movie goers from bringing in weapons, they were like lambs to the slaughter, no one in the theater could defend themselves!  i find it interesting that the opinions poles yesterday had banning guns way down on the list as a priority to curb violence, it seems the public gets it, but they are going to be held hostage to the political demands of a few leftist radicals!

Dec 20, 2012 3:54PM
avatar
People with malice in their hearts and mayhem on their minds WILL NOT stop killing simply because they cannot "buy" a gun. They will resort to THEFT if necessary OR THEY WILL USE another item to KILL PEOPLE. Remember 9/11 (airplaines) Jonestown (koolaid with poison) Oklahoma City (Delivery truck, fuel and fertilizer) get a clue people.
Report
Please help us to maintain a healthy and vibrant community by reporting any illegal or inappropriate behavior. If you believe a message violates theCode of Conductplease use this form to notify the moderators. They will investigate your report and take appropriate action. If necessary, they report all illegal activity to the proper authorities.
Categories
100 character limit
Are you sure you want to delete this comment?

DATA PROVIDERS

Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

Trending NOW

What’s this?

MARKET UPDATE

[BRIEFING.COM] There isn't much to be gleaned about the market today by simply looking at the standing of the major indices.  They are all sporting modest gains, yet they belie what has been a roller-coaster trade.

Good earnings and economic news has been offset in part by some geopolitical headlines with a negative hue.  The stock market overall, though, seems to be operating in a wait-and-see mode as it eyes Wednesday's trading session, which will include the advance estimate ... More

MSN MONEY'S