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Wal-Mart Stores Sell Out Of Guns

Tyler Durden's picture




 

Yesterday, when we described the unprecedented surge in gun sales in the aftermath of the Newtown massacre, we said that "what is most ironic, is that it is precisely the fear of forced, unilateral rejection, by either or all three branches of government, of the original constitution and its various amendments that has Americans scrambling into gun stores. And thus the closed loop nature of the problem: by threatening to take away America's guns, the government is only exacerbating a problem that is steeped in 200+ years of history and is engrained deep in American psychology." It took about 24 hours to demonstrate just how counterproductive government intervention always is: as of this moment, Bloomberg reports, Wal-Mart, the biggest retailer in the US and the world, has stores in at least five states where guns are now completely out of stock.

With President Barack Obama endorsing sweeping gun restrictions in the wake of the school shootings in Newtown, Connecticut, prices for handgun magazines are surging on EBay (EBAY) and semi-automatic rifles are sold out at many Wal-Mart Stores Inc. (WMT) locations.

 

Wal-Mart, the world’s largest retailer, said yesterday that it would continue to sell guns, including rifles like the one used at Newtown, where 26 people, most of them children, were killed on Dec. 14. By contrast, Dick’s Sporting Goods Inc. (DKS) suspended sales of similar guns at its more than 500 stores.

 

Searches of five kinds of semi-automatic rifles on Wal- Mart’s website showed them to be out of stock at stores in five states, including Pennsylvania, Kansas and Alabama. Wal-Mart doesn’t sell guns online, instead asking customers to input a zip code to see if their local store carries a specific weapon.

 

“We remain dedicated to the safe and responsible sale of firearms in areas of the country where they are sold,” David Tovar, a spokesman for Wal-Mart, said yesterday. He didn’t immediately respond to a request for comment on this story.

 

Wal-Mart has about 10 modern sporting rifles, the gun industry’s term for firearms that look like an M-16 military rifle, listed on its website. The retailer removed a description and picture of the Bushmaster AR-15, which was the model used in Newtown, after the shootings.

Who benefits from the government's pseudo intervention? None other than the uber-wealthy Walton family.

The move may have helped as U.S. Wal-Mart stores posted their first gain in same-store sales in more than two years in October 2011. Wal-Mart doesn’t disclose how many guns it sells, though at an analysts’ meeting in October it said gun revenue gained 76 percent in the first half of this fiscal year. The chain advertised a Sig Sauer M400 as one of its Black Friday doorbusters last month, offering the rifle for $50 off at $867.

It gets worse: now that guns are transforming from a commoditized to a niche, collectible product, whose future is unclear due to what the government may or may not do, the supply, demand dynamics have shifted massively in favor of the side that pushes the equilibrium price higher (just so even central-planning economists understand this).

On EBay Inc.'s auction website, shoppers have recently bid up gun magazines. The current bid for four Glock handgun magazines, ammunition for one of the guns used at Newtown, is $118.37 compared with $45 on the day before the shooting. The bid for seven Glock magazines hit $201 on Dec. 17 from $71.01 before the massacre.

 

Gun buyers have flooded other firearms retailers too. The Hyatt Gun Shop in Charlotte, North Carolina, racked up more than $1 million in sales yesterday for the best single-day performance since the store opened in 1959, according to Justin Anderson, director of online sales. At the top of shoppers’ lists was the Bushmaster AR-15, the model of rifle used at Newtown that sells for as much as $4,000 and had almost sold out, he said.

 

Revenue at one of the largest U.S. gun stores surpassed even the spike just after Obama was elected president in 2008, Anderson said in a telephone interview. Sales weren’t as robust when Obama was re-elected last month because the president hadn’t backed major new gun laws, he said.

While we have no interest in pursuing any of the ethical sides of this argument, we do know that the more the government intervenes, even if it is with the noblest intentions, the greater the adverse and negative fallout will be. And, in typical government fashion, the more it pushes to get its way (or the highway) the greater the tragic consequences result in a country which - by dint of simply what it is - has over 300 million weapons. Good luck and godspeed with any hopes of "controlling" them.

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Wed, 12/19/2012 - 17:58 | 3080372 drink or die
drink or die's picture

So ignorance then...got it.

Wed, 12/19/2012 - 18:00 | 3080383 The Shootist
The Shootist's picture

He must be 17 and play a lot of COD...

Wed, 12/19/2012 - 18:10 | 3080421 maxmad
maxmad's picture

or a marine vet that has shot most military grade guns..

Wed, 12/19/2012 - 18:22 | 3080486 johnQpublic
johnQpublic's picture

they dont jam as much when you take em off full auto once in a while

the m16a4 doesnt jam near as much as the older ones

dont seem to bolt over ride at all

Wed, 12/19/2012 - 18:50 | 3080580 TruthInSunshine
TruthInSunshine's picture

@maxmad:

While I don't mind an AK-47 (or AK-74), and they're definitely reliable, you are definitely exaggerating the "jamming" of the AR (I will admit ARs eat where they shit, so regular & thorough cleaning and running them wet is ideal-- learn to field strip them blindfolded). They have many advantages over AKs, including inherently better accuracy, way better ergonomics, and much better sights. The 5.56x45mm is a better round than the 7.62x39mm, ballistically speaking.

About that "jamming every second round" thing; nuh-uh:

S.W.A.T. MAGAZINE – FILTHY 14

 

@johnqpublic: The M4 and M16A4 (as well as the prior version) went to three round burst or semiautomatic mode, and did away with full automatic fire (as it wastes ammunition and is difficult to direct accurately, even in a relatively small caliber).

Wed, 12/19/2012 - 19:05 | 3080658 new game
new game's picture

just sold mycolt m4 a3 (sp6920)last week for $1015(b/4 shooting); i am not kidding; had it for over a year and was totally fed up with cleaning it and decided to sell it on armslist.  had to tell you all to do the opposite of whatever i do- un fucking believable :(

anyways, my son has shot the ak47 underwater at my range and it didn't hurt it- another unfucking believable truth.

anyways gun are selling like crazy everywhere - never in my 40 years of gun enthusiam have i seen anything like it.

gun fucking bubble BITCHEEZ

Wed, 12/19/2012 - 22:51 | 3081390 booboo
booboo's picture

LWRC has the answer to the direct impingment issue.

Wed, 12/19/2012 - 19:25 | 3080732 Freddie
Freddie's picture

Hopefully that c*ck Robert McNamara is burning in hell with LBJ.   They rush the M-16 into production and issued them with no cleaning kits.  Loads of kids died trying to clean them.

The AR platform got better but it "ain't" prefect.   There is a guy on Youtube doing a Bushmaster video.  He says he owns quite a few.  He has one that he has done minimal cleaning as a test and says it is fine.  ??? 

AKs are more reliable and are easier to field strip.  AKs are not as accurate and 150 yards out they are not very good.

Wed, 12/19/2012 - 22:31 | 3081333 F. Bastiat
F. Bastiat's picture

Even the M16s that were being used in Army basic training a decade ago were essentially knockoffs that jammed all the time.  That said, the good stuff ARs today offer better value because they're so much more accurate than the AKs.  Today's about precision and accuracy, areas where today's high-quality AR platforms excel.

Thu, 12/20/2012 - 11:58 | 3082755 Freddie
Freddie's picture

There was supposedly a Canadian company that made very good AR 15s. I forget the company's name.  The newish Ruger AR 15 uses a piston driven operating system that is supposedly more reliable.

http://www.ruger.com/products/sr556/index.html

I will say one thing for Rugers - they are as reliable as rain.  The US Govt especially LBJ and McNamara should burn in hell for pushing the unreliable M-16 so rapidly into service.   They should have allowed many to keep the M-14.

Thu, 12/20/2012 - 00:44 | 3081635 Dave Thomas
Dave Thomas's picture

Never mind the laquer build up on the breech of any gun that fires that nail polish steel. Talk about action glue.

Wed, 12/19/2012 - 19:41 | 3080790 Stoploss
Stoploss's picture

A second amendment bashing "marine"?

Wed, 12/19/2012 - 21:12 | 3081104 perchprism
perchprism's picture

 

 

You lying cocksucker.  Say what you want, but don't say you're a marine vet.   Cocksucker.

Wed, 12/19/2012 - 20:31 | 3080950 Abitdodgie
Abitdodgie's picture

An AK is heavy compaired to an AR , but AK's ALWAYS work. you see AR are made for the  average American  shoots and then cleans for about two hours, the AK you just shoot because it does not need to be clean to work . I have both and yes the AR jams , but remember don't use steel case round they jam and dont use laquerd rounds they jam , dont shoot 556 in a 223 , but you can use 223 in a 556 , don't forget your sights they are extra on a AR. Besides all that you can enjoy a full day of shooting befor they jam.

Wed, 12/19/2012 - 22:04 | 3081246 DoChenRollingBearing
DoChenRollingBearing's picture

Newbie Bearing has put +/- 800 rounds through his AK, not even one jam.  A friend of mine (with more experience) had his AR jam-up at the range, he had to have one of the range's employees come over and get the cartridge out.  

Hey, just one anecdotal data point.

Wed, 12/19/2012 - 17:56 | 3080362 Canucklehead
Canucklehead's picture

You obviously haven't shot much...

Wed, 12/19/2012 - 18:40 | 3080563 BraveSirRobin
BraveSirRobin's picture

I have personnally fired over 1,200 rounds through an M-4 (AR type weapon) in a single day with no intermitant cleaning and without a single jam.

There is a reason that on the back market in the middle-east AK's go for $300 while AR type weapons sell for $1,200 - $1,500.

The reputation for unreliability stemmed from early combat use in Vietnam. The problem was traced to the propellent in the ammunition, not the weapon.

Wed, 12/19/2012 - 19:28 | 3080741 Freddie
Freddie's picture

The problem was traced to the propellent in the ammunition, not the weapon.

LBJ and McNamara - burn in hell for that.  They should have transitioned slower.  They also should not have had a war who's only real goal was mainly to make LBJ a LOT richer.   All of his businesses and holdings in TX companies.  Evil F. 

Wed, 12/19/2012 - 19:48 | 3080806 jwoop66
jwoop66's picture

Wasn't he also the guy who said, " we'll have those niggers voting democrat for the next 500 years."  , with his "great society"? 

Wed, 12/19/2012 - 19:42 | 3080794 centerline
centerline's picture

Just do a google youtube search on the twinkie test.  Ever seen how many springs and parts go into an AR versus an AK?  I have had very simple (and modern) AR rifles give problems with cheap ammo, bad springs, and just grit.  Push it hard and the gun winds up useless.  In order to really get a solid AR variant that is uber reliable in the same sense as an AK (with the advantages of an AR), you need to spend alot of money.

Vietnam M16's had a load of problems dealing with the environment (need to keep the gun clean as a whistle).

Wed, 12/19/2012 - 21:30 | 3081150 BraveSirRobin
BraveSirRobin's picture

It really was not an environmental problem. It was a propellent problem that caused fouling and gumming that necessitated the constant cleaning.

Wed, 12/19/2012 - 19:25 | 3080730 chump666
chump666's picture

Double feeds jams.  Disgraceful.  A nation obsessed with guns, only well trained individuals should own guns. Well designed weapons, not the fast food style ARs stuff they are churning out.

Wed, 12/19/2012 - 21:12 | 3081095 GCT
GCT's picture

Ahh now max it all depends on what type of AR you buy.  Gas inpingement or gas piston like the AK.

 

Wed, 12/19/2012 - 23:59 | 3081555 Rusty Diggins
Rusty Diggins's picture

Except for microsoft products...??

Thu, 12/20/2012 - 00:02 | 3081566 jerry_theking_lawler
jerry_theking_lawler's picture

mm, only someone who has owned both styles would really understand your comments. and i agree.....don't know why anyone would down<- you for such truthful comments.......the gas Stoner (why anyone would buy a gun designed by a guy with this name behooves me) is overly designed and complicated.....much like the USofA. the AK is simple and straight forward. the KISS principle usually prevails.

Wed, 12/19/2012 - 17:53 | 3080348 Overfed
Overfed's picture

The Colt H-Bar that I used to have (before I sold it for fear of confiscation) never jammed. Any mag, any ammo. Much more effective than my AK (that I also sold on the same day) for putting a large concentration of lead on a target rapidly.

Thu, 12/20/2012 - 00:06 | 3081570 jerry_theking_lawler
jerry_theking_lawler's picture

i prefer the AKs simlicity, however, in the US, the AR designed weapons have more parts and ammo available. i had both designs, however, i had an unfortunate boating accident where they were both lost....along with a spare upper, misc parts and all my PMs.....it was a very bad day.

Wed, 12/19/2012 - 17:54 | 3080354 Canucklehead
Canucklehead's picture

You obviously haven't shot much.

Wed, 12/19/2012 - 18:26 | 3080508 lakecity55
lakecity55's picture

All of my AR platforms performed quite well, before I sold them to this guy "Eric."

Wed, 12/19/2012 - 18:27 | 3080515 UGrev
UGrev's picture

Say that to the guy with the AK at my last range time who jammed once per mag at least. I use p-mags now.. no FTF's , no FTE's.. nothing but silk baby.. 

Wed, 12/19/2012 - 18:37 | 3080556 kill switch
kill switch's picture

AK 47 is a piece of shit compared with the M16 for accuracy, I don't give a fuck about the power if you can't hit anything, just ask Lee Ermy... he will set your shit straight. Watching the AK in slow motion shows the barrel wiggle..

 

http://www.youtube.com/watch?v=3VRrc2n0NXg

Wed, 12/19/2012 - 19:32 | 3080758 Freddie
Freddie's picture

I saw that video before. Hilarious. 

It is a shame that R. Lee Emry is a prick who voted for our mullah.   Maybe he deserved to get greased by Private Pyle in FMJ.

Wed, 12/19/2012 - 20:03 | 3080861 jwoop66
jwoop66's picture

I heard the Gunny specifically slam "dear leader the god king" at some rally.  I don't think he voted for him.  

Thu, 12/20/2012 - 12:06 | 3082818 Freddie
Freddie's picture

I think he slammed him and then caught hell.  He then came out and said he voted for him.  I was like WTF?!?

I like the guy but if he did vote for him he is scum.

Private Pyle - Vincent D'Ofornio is a big lib so I am sure he did.

"Are you listening to me Pyle?!"

Gunny is pretty hilarious testing the AK versus AR.  The field stripping was embarassing.

Thu, 12/20/2012 - 23:48 | 3085506 jwoop66
jwoop66's picture

no shit.   That is truly fucked up if it is true.

Wed, 12/19/2012 - 18:38 | 3080557 Jeepers Creepers
Jeepers Creepers's picture

If your AR is jamming you're either shooting crap ammo or you're not keeping it clean.

I have both an AR and AK, the AK has had plenty of problems, you have to get one made in the right country to get a decent one.

If I could only grab one rifle, I'd take the AR over my AK hands down.  FAR more accurate at range. 

Sure an AK is simper, but so is a knife.

 

 

Wed, 12/19/2012 - 19:17 | 3080695 new game
new game's picture

the romance of the black gun lives on...

i've been there and I am back to the basics

s and w revolver

bolt action rifles

and pump shotguns

these fuckers will NEVER, I REPEAT will NEVER LET ME DOWN.

and glock in a pear tree...

nothin against your black guns- had tons of fun shotin 1000's a rds at everything imaginable from a 40 year old junk pile on my property...

all good times do come to an end...

Wed, 12/19/2012 - 19:23 | 3080724 new game
new game's picture

most fun was ar colt carbine sporter in 7.62x39 (had two)-these rocked with the 30 rd'ers; shooting shit hanging from old oaks..

180 rd bursts(six clips) of all out shooting when 1000 rds of wolf could be had for $99; bot it by the 5k increments and went up on friday after work and shot till it was gone-just sayin!!!!

Wed, 12/19/2012 - 21:37 | 3081169 BraveSirRobin
BraveSirRobin's picture

Agreed! If you demand absolute reliability with a pistol, go for a revolver. If you need it with a rifle, go for a bolt-action. Even pumps can jam up (feed problems).

The AR is nice because the .223 lacks recoil, so it's easy to keep on target after a shot. You cannot do that with any bolt-action. And if you are in close combat, a bolt action absolutely sucks. You will get killed.

This is the essence of the control debate. Gun controllers (who do not want comprehensive unversal bans) want to decrease the rate of fire. It gives people the opportunity to run away or attack the attacker.

Wed, 12/19/2012 - 19:54 | 3080831 TuPhat
TuPhat's picture

I had an AK47, Romanian made.  Jammed every other shot.  Sell your commie crap somewhere else.

Wed, 12/19/2012 - 20:36 | 3080963 praxis
praxis's picture

WASR's suck.  Norinco's Kick Ass.  Quality AK's are from Russian, China, Poland, Finland and Bulgaria.  Even the Egytpian Maadi is excellent.  You got stuck with a WASR.  Have a gander at some of the other's listed and you'll come to respect the power of these weapons.

Wed, 12/19/2012 - 22:33 | 3081269 DoChenRollingBearing
DoChenRollingBearing's picture

My (Russian-American) Saiga AK has gone through 800 or so rounds (I am a newbie), without even one jam.  "A guy" at a gun show told me to avoid the Romanian and Chinese ones.

Thu, 12/20/2012 - 00:46 | 3081639 Dave Thomas
Dave Thomas's picture

Aresenal FTW, look for the dimpled mag well.

Wed, 12/19/2012 - 17:48 | 3080322 Stoploss
Stoploss's picture

Yes sir..

You either support and defend the constitution.

Or you do not.

There will be no gun seizure in Texas.

Wed, 12/19/2012 - 18:02 | 3080388 busted by the b...
busted by the bailout's picture

Nor anywhere else; that was just a dream some of you had.

But you will need them more there, after the secession.

Wed, 12/19/2012 - 18:03 | 3080396 A Lunatic
A Lunatic's picture

Exactly. This is about RIGHTS, not guns.

Wed, 12/19/2012 - 22:10 | 3081274 DoChenRollingBearing
DoChenRollingBearing's picture

Yes

Wed, 12/19/2012 - 18:18 | 3080462 kito
kito's picture

Govt doesn't want your guns......they don't want your gold......THEY WANT YOUR 401K/IRA/RETIREMENT ACCOUNT!!!!!! They need cash!!!!

Wed, 12/19/2012 - 18:21 | 3080482 ATM
ATM's picture

They can print all the cash they wish. No they want to disarm us so we don't get any silly ideas.

Wed, 12/19/2012 - 18:33 | 3080534 blunderdog
blunderdog's picture

That's one of those things I've heard my entire life. I'm 41. How can it be that this imminent threat never results in any meaningful change?

I'm certainly not buying it, but if folks need to work themselves about up something, this will do as well as any.

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