I heard that Remington was unable to make payroll recently. They also have stiffed suppliers with over 90 days of unpaid invoices.
This news brings me no pleasure. Hopefully they will get to reform and get out of the clutches of the hedge fund that owns them. Their quality control has been poor recently and that led to a spiral of decreasing sales and decreasing quality to shore up their bottom line.
CDNN has Remington's newly-released RP9 at blowout prices. $249 after rebate. This gun was supposed to sell for around $500.
https://www.cdnnsports.com/remington-rp9-9mm.html
Try to think of CDNN as the Big Lots of gun stores. Not good news for Remington at all.
This news brings me no pleasure. Hopefully they will get to reform and get out of the clutches of the hedge fund that owns them. Their quality control has been poor recently and that led to a spiral of decreasing sales and decreasing quality to shore up their bottom line.
CDNN has Remington's newly-released RP9 at blowout prices. $249 after rebate. This gun was supposed to sell for around $500.
https://www.cdnnsports.com/remington-rp9-9mm.html
Try to think of CDNN as the Big Lots of gun stores. Not good news for Remington at all.