Here is the info from the link.
Wal-Mart and the bi-partisan coalition of Mayors Against Illegal Guns have announced that Wal-Mart, the largest seller of firearms in the nation, has adopted the new Responsible Firearms Retailer Partnership, a 10-point code that will help ensure that guns do not fall into the wrong hands. The Responsible Firearms Retailer Partnership, created by Mayors Against Illegal Guns and Wal-Mart, is a set of policies that will be implemented over time that includes video recording of sales, rigid controls on inventory, checks that gun purchasers are not misrepresenting themselves, and the development of a first-of-its kind computerized crime gun trace log for retailers.
Read the full press release
RESPONSIBLE FIREARMS RETAILER PARTNERSHIP:
A 10-Point Voluntary Code
1. Videotaping the Point of Sale for All Firearms Transactions. Participating retailers will videotape the point-of-sale of all firearms transactions and maintain videos for 6 months to deter illegal purchases and monitor employees.
2. Computerized Crime Gun Trace Log and Alert System. Participating retailers will maintain a computerized log of crime gun traces relating to the retailer. Once the program is in place, if a customer who has a prior trace at that retailer attempts to purchase a firearm, the sale will be electronically flagged. The retailer would have discretion to proceed with the sale or stop the sale.
3. Purchaser Declaration. For sales flagged by the trace alert system, participating retailers will ask purchasers to fill out a declaration indicating that they meet the legal requirement to purchase the firearm.
4. Deterring Fake IDs. Participating retailers will only accept valid federal- or state-issued picture IDs as primary identification. Retailers will utilize additional ID checking mechanisms.
5. Consistent Visible Signage. Participating retailers will post signage created by the Responsible Firearms Retailer Partnership to alert customers of their legal responsibilities at the point-of-sale.
6. Employee Background Checks. Participating retailers will conduct criminal background checks for all employees selling or handling firearms.
7. Employee Responsibility Training. Participating retailers will participate in an employee responsibility training program focused on deterring illegal purchasers. The Responsible Firearms Retailer Partnership will create an online training system based on Wal-Mart's training program.
8. Inventory Checking. Participating retailers will conduct daily and quarterly audits. Guidelines will be based on Wal-Mart's firearms audit check procedures.
9. No Sales Without Background Check Results. Participating retailers would prohibit sales based on "default proceeds," which are permitted by law when the background check has not returned a result within 3 days.
10. Securing Firearms. Participating retailers will maintain firearms kept in customer accessible areas in locked cases or locked to racks.
Participating retailers will phase in the provisions of Responsible Firearms Retailer Partnership over time.