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Palo Gaucho
Benton
Member since Jul 2013
3131 posts

re: Remington to file for Bankruptcy
quote:

Rebate


Didn’t send me mine either


DirtyMikeandtheBoys
LSU Fan
Member since May 2011
16359 posts

re: Remington to file for Bankruptcy
they gonna have a going out of business sale?


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10
Clyde Tipton
LSU Fan
Planet Earth
Member since Dec 2007
32551 posts

re: Remington to file for Bankruptcy
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.


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10
Ace Midnight
LSU Fan
Between sanity and madness
Member since Dec 2006
60949 posts

re: Remington to file for Bankruptcy
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.


Boat Motor Bandit
Member since Jun 2016
910 posts

re: Remington to file for Bankruptcy
Bring back the 1100 series!!! .410 to 10ga


10MTNTiger
LSU Fan
Northern VA
Member since Sep 2012
1245 posts

re: Remington to file for Bankruptcy
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.


Shepherd88
Member since Dec 2013
1910 posts

re: Remington to file for Bankruptcy
Yes, Cerberus is a Private Equity group that bought them in ‘07. They also bought Chrysler in ‘07.


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dawg23
Baton Rouge, La
Member since Jul 2011
3569 posts

re: Remington to file for Bankruptcy
quote:

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,
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" ?

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 at 5:49 pm


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bbvdd
Alabama Fan
Memphis, TN
Member since Jun 2009
14662 posts

re: Remington to file for Bankruptcy
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.


DownshiftAndFloorIt
LSU Fan
Here
Member since Jan 2011
49463 posts

re: Remington to file for Bankruptcy
Having nothing in common with any of your customer base is a guaranteed trip down the tubes


Purple Spoon
Duke Fan
Hoth
Member since Feb 2005
9394 posts

re: Remington to file for Bankruptcy
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.


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30
cajun12
LSU Fan
Houma, LA
Member since Sep 2004
1723 posts

re: Remington to file for Bankruptcy
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


I B Freeman
Member since Oct 2009
15673 posts

re: Remington to file for Bankruptcy
They are going chapter 11. They won’t close.

They had huge debt due to the last sell out.


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Butta
Zachary
Member since Dec 2012
98 posts

re: Remington to file for Bankruptcy
quote:

I got a 12, 20 and 410


same here, plus a 16ga


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10
unclejhim
LSU Fan
Jackson.La.
Member since Nov 2011
1213 posts

re: Remington to file for Bankruptcy
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.


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dwr353
LSU Fan
Member since Oct 2007
1588 posts

re: Remington to file for Bankruptcy
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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