- Boring Business Nerd
- Posts
- Select U.S. grocery stores are selling bullets
Select U.S. grocery stores are selling bullets
Milk, eggs, and bullets for sale in some grocery stores + how election cycles impact gun sales.
Kieran Ryan
August 08, 2024
In partnership with
Good morning, Nerders. It’s Thursday, August 8th. In today’s newsletter, we cover:
Select U.S. grocery stores are selling bullets
Time spent streaming grabbed a record 40.3% of total TV usage in June
Convenience stores bet on food as macro trends around tobacco and gas highlight weaknesses in their business model
TODAY’S STORY
Brb—going to the grocery store to pick up some ingredients for dinner and a side of ammo.
What? Yes, gun ammunition.
A Texas-based company called American Rounds is selling vending machines stocked with ammunition to grocery stores. The company has installed six machines at grocery stores in Texas, Alabama, and Oklahoma, with plans to expand to Texas and Colorado by the end of the month.
American Rounds hopes their vending machines make buying ammo safer and faster:
The vending machines utilize facial recognition software to verify the buyer’s identity
Huge lines formed in gun stores across America during the last election cycle; grocery stores could make it more accessible and convenient
One thing to watch: Past elections have accelerated the demand for guns and ammunition, and many predict the Trump shooting will accelerate it even more. But it hasn’t shown up in the data yet. Firearm background checks, the best proxy for gun sales, are tracking toward similar numbers to 2023 but well below 2020.
DATA BYTES
Streaming accounts for 40.3% of total TV time in the U.S. today, with YouTube and Netflix the clear leaders in direct-to-consumer entertainment
Streaming makes up a larger share of younger viewers’ TV time; the category received a disproportionately large bump from the 2-17 age demographic
Your IRA, made to order
Choose where and when you want to retire, and a Betterment IRA can help make your money hustle all the way there.
#SHORTS
Convenience stores bet on food as macro trends around tobacco and gas highlight weaknesses in their business model
@boringbusinesskieran japan style 7-elevens are coming to the united states // make sure to follow me to keep up with the latest business stories and trends #bu... See more
PREVIOUS STORIES
Fast Food Robots — The next platform shift in fast-food restaurants could be automation.
Lamborghini’s Hybrid Models — How Lamborghini’s hybrid strategy helped shield them from volatility in the EV market.
Compounded Ozempic — A new threat to Ozempic and Wegovy emerges…
Potato Chip Prices — Is $6 for a bag of potato chips enough?
What’s Next for Streaming Services — After years of chasing revenue and subscriber growth, streaming services plan to increase prices and demonstrate to investors they can turn a profit.
To read the web version of previous stories, click here
If you have any comments or feedback, just respond to this email.
Thanks for reading,
Kieran & Justin Ryan
