Sunday, May 01, 2011

Wal-Mart brings guns back
NEW YORK (CNNMoney) -- 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.

The retailer doesn't sell handguns in any of its stores, other than in Alaska....