'The company is old enough, big enough, and profitable enough': Some branding experts say Walmart could rein in gun sales without hurting its business

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Some branding experts say Walmart is being true to itself by continuing to sell guns, but others say it should take a tougher stance.

on Tuesday to pressure the company to stop selling guns.

"Walmart's core consumer base comes from the overwhelming support of the Second Amendment and gun rights. If they ban firearm sales, they risk alienating that core base," said Eric Schiffer, chairman and CEO of Reputation Management Consultants."Brands today may be under pressure to take stances of principle, either humanitarian or political.

"Customers who choose Walmart are focused on lower prices and don't necessarily have the luxury of taking their business elsewhere," she said."Walmart's brand promise of 'Lowest prices. Always.' is what attracts and keeps customers coming back week after week, year after year." Walmart and Dick's got more people talking about them when the companies announced policy changes around assault weapons in 2018,said. There appears to be no negative impact on Walmart's sentiment based on the recent shootings, said a company spokesman.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines