Kroger's Fred Meyer plans to phase out firearms business

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"We regularly review the company's assortment of periodicals and make merchandising decisions based on customer preferences", a Kroger spokesperson said.

Superstore chain Fred Meyer, a subsidiary of Kroger, on Monday said it would stop selling guns and ammunition in the near future, weeks after several retailers enacted new guidelines for firearm sales in the wake of a deadly school shooting in Parkland, Florida.

Gun sales account for about $7 million of Fred Meyer's annual revenue, the company said, but sales have been declining.

After recently imposing restrictions on the sale of firearms, ammunition and assault rifle-themed publications, Kroger (KR) has made a decision to stop selling guns altogether.

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Fred Meyer has gun departments at 45 of its 132 stores Alaska, Idaho, Oregon and Washington, a number now set to zero out.

Airion Grace filed a lawsuit against Fred Meyer's parent company, Kroger, on March 9 in Washington County Circuit Court.

The company sells guns at almost 45 of its 132 stores in Oregon, Washington, Idaho and Alaska. Dick's Sporting Goods also chose to stop selling high-capacity magazines after the Parkland shooting. However, military-style assault rifles often appear on the cover of magazines on Guns & Ammo, Recoil and Tactical Life.

"More recently Fred Meyer has been transitioning away from gun departments as a result of the ongoing work to optimize space in Fred Meyer stores", the company said. Competitors Walmart and Dick's Sporting Goods enacted similar changes.

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