Groupon Cancels All Gun-Related Deals

Company doesn't give a reason for change in policy

   

Groupon Cancels All Gun-Related Deals

Groupon185 Groupon Cancels All Gun Related DealsInternet daily-deals site Groupon (NASDAQ:GRPN) has decided to cease posting any gun-based sales.

The site announced Monday that it is canceling — and no longer accepting — any deals related to shooting ranges, concealed carry classes or clay shooting, according to the Chicago Tribune. There is no word about whether the move is permanent or temporary.

While Groupon did not give a reason for its change in policy, the move comes a month after the deadly shootings at Sandy Hook Elementary School. GRPN only said that it plans to review its standards concerning gun-related deals.

Some are planning to protest the new policy. The owner of a gun shop in Austin, Texas, is attempting to organize a boycott of the site. The owner, Michael Cargill, told Market Daily News that a Groupon representative told him the move was made due to the media coverage of Sandy Hook.

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Article printed from InvestorPlace Media, http://investorplace.com/2013/01/groupon-cancels-all-gun-related-deals/.

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