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Message
1
Posted on 2/9/18 at 1:26 pm to Shepherd88
they gonna have a going out of business sale?
Posted on 2/9/18 at 1:30 pm to Palo Gaucho
quote:
Rebate
quote:
Didn’t send me mine either
I'm waiting on one from an ammunition rebate this year. It says my submission has been received and a response is headed my way by Feb. 25th.
Response? What the hell is that? How about my check is headed my way?
I'm worried they are going to screw me.
Posted on 2/9/18 at 1:33 pm to mylsuhat
quote:
You mean when they didn't abandon their workers by leaving them and moving away?
When you side with your workers over your customers, that's not always the best business decision.
Posted on 2/9/18 at 1:56 pm to Ace Midnight
Bring back the 1100 series!!! .410 to 10ga
Posted on 2/9/18 at 2:07 pm to Shepherd88
This is outstanding news. This means Remington will be able to restructure and reorganize and get back to making quality guns once competent leadership takes over. The brand name is massive, and someone will take it over and start to build it back up - no doubt. I believe Cerberus is the umbrella company so this is all part of a strategy.
Posted on 2/9/18 at 2:16 pm to 10MTNTiger
Yes, Cerberus is a Private Equity group that bought them in ‘07. They also bought Chrysler in ‘07.
Posted on 2/9/18 at 5:46 pm to bbvdd
quote:How is it people on boards like this saw it as inevitable -- but it took Remington's Board of Directors this long to realize they needed to "stay woke" ?
Credit rating agencies have warned that Remington’s capital structure is unsustainable given its weak operating performance and significant volatility in the demand for firearms and ammunition.
Remington’s sales have declined in part because of receding fears that guns will become more heavily regulated by the U.S. government,
ETA: The loss of Remington is no loss. They have been a lower tier manufacturer of gun & ammo for years. Maybe it will be a lesson for some other companies who need to step up their QC.
This post was edited on 2/9/18 at 5:49 pm
Posted on 2/9/18 at 5:50 pm to dawg23
You know why...
Not a single person on that board would likely be able to tell the difference between a rifle bullet and a pistol bullet.
Not a single person on that board would likely be able to tell the difference between a rifle bullet and a pistol bullet.
Posted on 2/9/18 at 5:52 pm to bbvdd
Having nothing in common with any of your customer base is a guaranteed trip down the tubes
Posted on 2/9/18 at 7:20 pm to DownshiftAndFloorIt
Ruger and Savage and even Mossburg putting out quality rifles at the same price point as Remingtons 770s and much better quality had to play a big part in this.
Posted on 2/9/18 at 7:28 pm to Boat Motor Bandit
quote:
Bring back the 1100 series!!! .410 to 10ga
I got a 12, 20 and 410.....just hoping to be able to get the parts when I need them
Posted on 2/10/18 at 3:39 am to cajun12
They are going chapter 11. They won’t close.
They had huge debt due to the last sell out.
They had huge debt due to the last sell out.
Posted on 2/10/18 at 4:29 am to cajun12
quote:
I got a 12, 20 and 410
same here, plus a 16ga
Posted on 2/10/18 at 5:53 am to dawg23
quote:
How is it people on boards like this saw it as inevitable -- but it took Remington's Board of Directors this long to realize they needed to "stay woke" ?
Well said.
Posted on 2/10/18 at 6:58 am to LuapGibb
I bought 2 cases of steel shot on the Black Friday promotion. I was due $100 per case for a total of $200. They sent me $50. After a few attempts to correct it, they quit responding. I was duck hunting with a friend who told me they sent him nothing on his $200. He no longer buys Remington either. It adds up.
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