Walmart Ends All Handgun Ammunition Sales And Asks Customers Not To Carry Guns Into Stores

Walmart

Yesterday, Walmart (WMT) announced it will reduce its gun and ammunition sales, one month after more than 20 people were killed in a mass shooting at one of its retail locations in El Paso, Texas. Walmart also pressured Congress to enact gun safety measures.

I wrote an essay about a year ago about “Brand Bravery as a Go-to-Market Strategy” in it, I examined the marketer’s argument for brand bravery: “According to a Shelton Group study, 86% of consumers believe companies should take a stand for social issues, and 64% of those consumers are “very likely” to purchase from a company that makes that pledge. These people (dubbed “Corpsumers”) make up about one-third of the market, according to a Unilever study. Even for those who don’t speak with their wallets, corporate impact does not go unnoticed; 92% of consumers say they have a more positive image of a company when the company supports a social or environmental issue, according to a 2017 Cone Communications study, and 78% of Americans believe companies must positively impact society.”

Kudos to Doug McMillon (Walmart’s CEO) and his team for showing us what purpose-driven corporate leadership looks like.

Shelly Palmer is Fox 5 New York's On-air Tech Expert (WNYW-TV) and the host of Fox Television's monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio Network's, ...

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