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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12ToothAssassin's picture

The normalcy bias is strong with you.

blunderdog's picture

Naw, it's not that.  I don't think the Feds have the POWER to do anything about the guns we own.  There just aren't enough Feds, and people don't respect them.  Even when the Brady bill ban was in effect, I could've bought a pre-ban weapon or accessory any day of the week.

12ToothAssassin's picture

Thats a tough call. I recently ran across a petition whos signatories pledge not to relinquish their arms. What if, hypothetically, this list is used as an example. Say they cross reference this list with internet posts to find the most devout 'I wont give up my guns' person and have a news crew follow the swat raid live on every network and cable channel. As soon as the person opens the door they are riddled with a 1000 bullets. The next day 'Collection centers' open up and have lines around the block to voluntarily turn in their weapons. Im guessing this tactic would be rather effective with the sheeple and would net 95% of the guns immediately. The rest would be a cake walk to gather.

blunderdog's picture

Well I'm not going to brainstorm tactics to do something they should never consider in the first place, but I think the really compelling evidence is obvious...

Look at how effective they've been at preventing drunk driving. Look at how effectively they've eliminated drugs from the streets. Look at how much "terror" is occurring today vs the period in the early '80s when Reagan first started the "war on terror."

I'm sure there are big success stories. Some specific thing the Feds decided would be a good thing to do and then they went and ACHIEVED it. But I'll be damned if I can think of one.

12ToothAssassin's picture

True, but the war on drugs and terror are going EXACTLY according to plan so those are poor examples.

Bohm Squad's picture

If they need cash NOW, they should call JG Wentworth...

FeralSerf's picture

It isn't the government so much as it's the government's owners.

FYI, we are not the government's owners.

FeralSerf's picture

It isn't the government so much as it's the government's owners.

FYI, we are not the government's owners.

Vashta Nerada's picture

Also, guns are a store of value like gold, but with added benefits.

A Lunatic's picture

Right. You can't shoot gold...........

kito's picture

Sure you can shoot gold..... Even a 9mm bullet will tear a gold eagle to shreds........

IllusionOfChoice's picture

You need to watch more Bond movies.

Freddie's picture

Guns and gold are filthy relics.  Charlie Munger even said so.  ;-)

F. Bastiat's picture

Very true; got a couple of ARs in 2012. Prudent moves, I guess.

FEDbuster's picture

Went to a couple of our local gun stores over the weekend.  Looked like they were having a "Black Friday" sale.  Places were packed and the registers were ringing.  Thankfully, we still have more gun stores than Starbucks around here.

I bought ten additional standard thirty round magazines for my battle rifles.

The hoplophobics are out in full force this time, think about donating a little ammo to the NRA, Gunowners of America or any other pro-gun group.

JohnG's picture

We here are a pro gun group....

bigrooster's picture

Update here in PHX...no AR's or AK's available in retail.  The backpage market is almost nonexistent.

Dick Buttkiss's picture

I'm with this guy:

"He who cannot protect himself or his nearest and dearest or their honor by non-violently facing death may and ought to do so by violently dealing with the oppressor. He who can do neither of the two is a burden. He has no business to be the head of a family. He must either hide himself, or must rest content to live for ever in helplessness and be prepared to crawl like a worm at the bidding of a bully." -- Mahatma Gandhi, as quoted in "Gun Control: The Big Picture," http://www.zerohedge.com/contributed/2012-12-17/gun-control-big-picture

And as always, the state can kiss my ass.

Bob's picture

Not just for guys!  It goes for moms, too:


Everybody needs to get their heads out of their asses with their kids . . . including gun lovers.

Freddie's picture

BELFAST Telegraph telling us about people being killed.  Oh the irony. 

Here is just one example:

The state colluding in killing a lawyer in belfast.  Belfast would be a poster child for why citizenry needed guns to protect themselves against the IRA, Provos and British Army.

Hillary in Belfast.

Hey Hillary is in Belfast today too. What about that gun running in Mexico, Libya, Egypt, Syroia, Yemen?  And the mass murder.



Nadaclue's picture
Life: Some Courage Is Required

Be brave my friends. No one ever said this would be easy. No one ever promised a life free of worry or challenge. We get this one chance to live here and it's up to each of us how we spend our allotted time. In spite of all that has been done to us and what we see and fear that is just over the horizon our fates are still in our hands.

We are neither murderers nor criminals. We are not responsible for anything more than the desire to protect ourselves, the ones we love and indeed society as a whole. To exercise our God given liberties and to pursue Life, Liberty and Happiness as we see fit. There is no need nor place for guilt. We haven't committed evil nor have we embraced it. We have lived our lives as well as we can and ask for no more than the chance to live as free people.

We shed tears when we see evil committed but we also bear the burdens of our knowledge, intelligence, experience and what wisdom each of us carries. That means sometimes we must see reality for what it is and our our countrymen for what they are. We must be courageous enough to recognize the fight and not flinch no matter how afraid we are or how badly we want things to return to the usual and comfortable. Tears are expected and honorable but they must never blind us.

We aren't in love with our tools no matter what some may say. The fear mongers are among us and they will do or say anything to convince us to surrender and that we must never do. There can be no doubt that our very liberties are under attack and the future of our children at stake. To that there can only ever be one answer.


I could not agree more, Thanks Six

Read the rest here

Rusty Diggins's picture

PLUS a bunch +++++++++++++++++

ball-and-chain's picture

I'm too afraid to own a gun.

I fear my angry wife would blow my brains out.

But what's to stop her from pushing me out the window?

I see both points of view.


Bad Attitude's picture

I fear my angry wife would blow my brains out.

Sounds to me like you have too much life insurance. You need to make sure you are worth more alive than dead, and make sure your wife knows!

DoChenRollingBearing's picture

If she knows Tae Kwon Do, she needs no gun...


Chupacabra-322's picture

What the evil Psycopaths have planned for slaves in the near future.  Coming soon to a town or city near you.

Prototype Quadrotor with Machine Gun!


lasvegaspersona's picture

If the Second Amendment can be ignored so can the 16th.

kaiserhoff's picture


Frastric's picture

Need... Moar... Weaponry!

Cos there's crazy people out there y'know....

PGR88's picture

Watching the unctuous Chuck Schumer crawl out of the woodwork when any PR opportunity presents itself to advance himself and his statist ideas, and I know who the "crazy" people are.

A Lunatic's picture

Speaking of stats, did anyone see this? That ought to shut up the ignorant UK bitches that want to bullshit us about the benefits of gun free living......



krispkritter's picture

DM is a shit rag but it's great seeing them trash the NHS and their gov't as it's great for throwing back at my Lefty relatives swooning after O'Care and gun control. Although their fawning over Obama can be a bit much.   And not to mention they have all the beach pics of hot women going for them.

On a side note, a cousin in CA was pestering me about how to get her hubby's gun shipped out there from the East Coast...hmmm.

A Lunatic's picture

Yeah, I almost put a disclaimer in there. Nonetheless, the facts are the facts wherever they lay........

busted by the bailout's picture

Which sold out fastest, AR-15s or Twinkies?

cossack55's picture

One can put Twinkies on their EBT card.  Ammo is a close second.

chunga's picture

You can put Twinkies in your AK and they still work fine.

TideFighter's picture

Twinkies in Alaska just bring in the hungry polar bears (hehe).

stinkhammer's picture

this is my rifle, there are many like it but this one is mine

Dr. Gonzo's picture

When the COMEX defaults coin shops will sell out of gold/silver and platinum even faster. Funny how human psychology works. If it's expensive and you can't get it then everyone wants it. If it's affordable and available people don't care. 

catacl1sm's picture

Did you see the availablity of silver on APMEX a couple of days ago when paper silver took a 4% hit? Sold out of most US silver coin rolls.

hedgeless_horseman's picture



If it's affordable and available people don't care.  

Just like if Wal-Mart runs out of food, then things get real interesting real fast. 


Item 6

Purchase the items on the following shopping list to outfit your home.

· 5,000 rounds ammo for training; $2,500.

· Purchase and install Door Jamb Armor and dead bolts on all your exterior doors; $1,000 for 4 doors.

· A bullet proof vest; $500.

· Install a professional alarm system, or better if you live in the country get a big dog and have you both protection trained; $50/month.

· 12 months of food storage (2,400 cal/day) with > 20 year shelf life ;$4,500.

· If you have well water get a SimplePump. If you rely on city/municipal water, and there is not a swimming pool in your backyard, then get at least one waterbed; $1,000.

· A hand-crank emergency radio and a couple of hand-crank flashlights; $50.

· Purchase and store several cases of liquor; $500.

· If it gets cold where you live, then purchase

o A mummy style sleeping bag like a Wiggies; $250.

o At least one set of heavy wool pants and wool parka, such as Columbia's Gallatin Range ; $350.

o A pair of warm boots, wool socks, warm gloves, and a wool hat; $350.

o Two sets of Patagonia long underwear; $120.



flattrader's picture

$1,000+ for a cold weather rated sleeping bag and wool clothes?  Ridiculous.

Good quaility bag can be had from REI and you get a divvie as a co-op member.

All wool clothes can be had from thrift stores at a fraction of the cost.  High quality too.

Might want new boots, but not necessary.  Got me a pair of Sorel's used for under $20.

Freddie's picture

+10 million

Crank up radio?  For propaganda?  I would included those small CB radios too.

One thing that is real important like you said is water to drink and for your toilet.

If the power grid goes down and there is no water and sewers.  Good luck with that.  Cholera or worse.   People start dying off because they are diabetics, fat or old.  It exponentially gets worse.

This Patriot Nurse lady on YouTube is awesome.

Who Will Die First when SHTF: A WARNING