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Low, low prices: Target knocks Wal-MartWal-Mart brings guns behind After sharply tearing behind on the number of stores namely sold guns in 2006, Wal-Mart says they'll be available again in almost half its stores.
By Parija Kavilanz,
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Beats By Dre Headphones, senior writerApril 28, 2011: 1:24 PM ET
NEW YORK (CNNMoney) -- Wal-Mart said Thursday that it is bringing guns back to many of its U.S. stores in an effort to elevator slumping sales.
In 2006,
monster beatsmonster beatsBeats By Dre Headphones, Wal-Mart (WMT, Fortune 500), the world's largest retailer stopped selling guns in a crowd of its stores,
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Wal-Mart currently sells rifles, shotguns and cartridge in about 1,
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Those firearms ambition immediately be available by about half of Wal-Mart's 4,
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The retailer doesn't sell handguns in whichever of its stores,
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After undergoing seven straight dwelling of falling bargains, Wal-Mart says that it is adding more goods diversity apt stores and becoming more aggressive on costs versus its competitors.
Reintroducing guns is chapter of the retailer's move, Wal-Mart speaker Lorenzo Lopez said.
Lopez said Wal-Mart namely focusing ashore stores in areas where hunting and fishing are popular activities.
'We accomplished there is broader appeal for guns in some areas because of sporting absences," said Lopez.
He too said that the majority of the firearms sold at Wal-Mart are made in the United States.
Lopez said purchasers will must complete applicable fashions and background checks before they can buy guns at Wal-Mart.