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Apr 14, 2008 1:54 pm US/Eastern

Wal-Mart, Bloomberg To Strike Deal On Gun Control

U.S. Chain Agrees With Mayor To Tighten Restrictions On Sales

WASHINGTON (CBS) ― Wal-Mart is striking a deal with New York Mayor Michael Bloomberg on tighter standards for gun sales. Guns have suddenly taken center stage in the race for the White House, as the candidates make their claim to understand "the values" of blue-collar voters in small town America.

Wal-Mart is the nation's largest seller of firearms and Bloomberg is an outspoken gun control advocate.

Bloomberg is announcing the initiative Monday as he meets with Mayors Against Illegal Guns. He founded that group to try to crack down on the unlawful traffic in weapons that are often used in crimes.

Under the group's Responsible Firearms Retailer Partnership, Wal-Mart Stores Inc. will agree to keep certain records.

Mayoral spokesman Jason Post says that if a gun buyer is linked to a crime, the company will be aware of it the next time that person tries to buy a gun.

Wal-Mart also will also conduct background checks on employees who handle guns.