Amid declining sales, Remington prepares for bankruptcy - Early Risers Coffee Shop ® ("Where Friends enjoy Friends")

ZO6Vettever · 02-13-2018, 08:35 AM

Despite years of boom times selling its wares to a nation eager to buy guns after mass shootings, one of the largest weapons manufacturers is planning to file for bankruptcy.

Its decline comes as it has suffered slumping sales along with other major manufacturers such as Smith & Wesson and Ruger.

Sales and stock prices surged during the Obama administration, with repeated mass shootings perversely leading to more weapons purchases after fears that the carnage would lead to regulations on Americans? ability to wield high powered weapons of war.

That bubble has since popped after the election of President Trump, with little likelihood of passing gun control through a Republican-controlled Congress and White House.

rman · 02-13-2018, 03:14 PM

It's a sad thing when doing the right thing causes gun companies to go bottoms up. Don't get complacent though. Bloomberg, George Soros and other rich people are backing many anti-gun candidates for the mid-term elections.

ZO6Vettever · 02-22-2018, 09:25 AM

I just got a look at the Remington 870 tactical pistol grip 12 gauge. Guns like that may be why they have "suffered slumping sales." It looks like a futuristic butt ugly police car shottie!

Teddybear · 02-23-2018, 08:16 AM

Part of Remington's problem is quality control. The quality just not what it used to be. I'd still buy the older ones, but not a new one.

kansas45 · 02-25-2018, 08:55 AM

Whatever the reason it's too bad to loose Remington.

Teddybear · 02-25-2018, 09:33 AM

Quote:

Originally Posted by ZO6Vettever

I just got a look at the Remington 870 tactical pistol grip 12 gauge. It looks like a futuristic butt ugly police car shottie!

It could like my sister in law for all I care, but unlike her it has to work 1st time every time.

ZO6Vettever · 02-25-2018, 11:47 AM

Quote:

Originally Posted by ZO6Vettever

I just got a look at the Remington 870 tactical pistol grip 12 gauge. Guns like that may be why they have "suffered slumping sales." It looks like a futuristic butt ugly police car shottie!

Imagine a guy with 3 Glocks calling another weapon "butt ugly

"

rman · 02-25-2018, 08:12 PM

Quote:

Originally Posted by ZO6Vettever

Imagine a guy with 3 Glocks calling another weapon "butt ugly

"

Good point Vetter.

greener · 02-26-2018, 08:19 AM

Ugly is as ugly does. You don't need a pump shot gun with style and beauty points.

rman · 02-26-2018, 06:19 PM

Quote:

Originally Posted by greener

Ugly is as ugly does. You don't need a pump shot gun with style and beauty points.

Agreed! I have a black Browning BPS riot gun and it's pretty ooogley.

02-13-2018, 08:35 AM	#1
ZO6Vettever Moderator Join Date: Mar 2009 Location: Central Florida, the "Gunshine" State Age: 70 Posts: 32,299	Amid declining sales, Remington prepares for bankruptcy Despite years of boom times selling its wares to a nation eager to buy guns after mass shootings, one of the largest weapons manufacturers is planning to file for bankruptcy. Its decline comes as it has suffered slumping sales along with other major manufacturers such as Smith & Wesson and Ruger. Sales and stock prices surged during the Obama administration, with repeated mass shootings perversely leading to more weapons purchases after fears that the carnage would lead to regulations on Americans? ability to wield high powered weapons of war. That bubble has since popped after the election of President Trump, with little likelihood of passing gun control through a Republican-controlled Congress and White House. __________________ Sent from my rotary phone. Hero's don't wear capes, they wear dog tags or badges. US Army vet 1965-1971

02-13-2018, 03:14 PM	#2
rman Moderator Join Date: Aug 2008 Location: Northeast Kansas Age: 74 Posts: 33,792	It's a sad thing when doing the right thing causes gun companies to go bottoms up. Don't get complacent though. Bloomberg, George Soros and other rich people are backing many anti-gun candidates for the mid-term elections. __________________ A true friend is someone who thinks that you are a good egg even though he knows that you are slightly cracked. - Bernard Meltzer

02-22-2018, 09:25 AM	#3
ZO6Vettever Moderator Join Date: Mar 2009 Location: Central Florida, the "Gunshine" State Age: 70 Posts: 32,299	I just got a look at the Remington 870 tactical pistol grip 12 gauge. Guns like that may be why they have "suffered slumping sales." It looks like a futuristic butt ugly police car shottie! __________________ Sent from my rotary phone. Hero's don't wear capes, they wear dog tags or badges. US Army vet 1965-1971

02-25-2018, 08:55 AM	#5
kansas45 Moderator Join Date: Aug 2008 Location: Southern Kansas Age: 64 Posts: 27,384	Whatever the reason it's too bad to loose Remington. __________________ Never take a squat with your spurs on. Will Rogers

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02-23-2018, 08:16 AM	#4
Teddybear Extraordinary Member Join Date: Jan 2009 Location: FEMA REGION V Posts: 12,871	Part of Remington's problem is quality control. The quality just not what it used to be. I'd still buy the older ones, but not a new one.

02-26-2018, 08:19 AM	#9
greener Extraordinary Member Join Date: Aug 2008 Location: Glen Allen, Virginia Age: 71 Posts: 5,466	Ugly is as ugly does. You don't need a pump shot gun with style and beauty points.