Remington in trouble?

[dennishoddy]

Remington Discontinuing Significant Product Lines
This is sort of a new gun announcement in reverse. I expect to see Remington announce a reduction in the number of guns offered at the show. Based on a number of reports I’ve heard about management changes (it hired the former Taurus CEO) and its junk bond status sinking even lowersuggests the company is in financial trouble. Remington recently offered rebates that, when combined with retailer discounts, drop the price of some guns below that of Hi-Point. This suggests to me that the company is dumping inventory to try to get some liquidity. Some of these guns, once sold off, may not return to the company catalog in 2018.

 

[skyhawk1]

Sad, todays school shooting didn't help

 

[NikatKimber]

They, like Colt, haven't innovated in a long time. When they have dabbled in handguns, they've flopped, twice in a row now, with the R51 and RP9.

The only interesting thing I've seen from Remington in years has been the mag fed 870, but then Mossberg came along and did a double stack mag fed 12ga that is even more interesting.

So like Colt... Meh. Make yourself relevant (and worth buying) or good bye.

 

[Cowcatcher]

A while back I saw a Remington handgun "rp9" or something like that. Reminded me very much of a hi-point.

 

[D. Hargrove]

Remington has the 870 and 700 lines that I am a fan of. Other than that.....

 

[rc508pir]

Remington has the 870 and 700 lines that I am a fan of. Other than that.....

Have always like the 700s, but you couldn't pay me to own a new one

 

[D. Hargrove]

Have always like the 700s, but you couldn't pay me to own a new one

So, I have this 'ol 700 in 300 Win Mag heavy barrel that sits in a Mcmillan stock with a Timney trigger and a Weaver Tactical scope 6-24x50 30mm tube. Shoots the snot out some 190gr bullets and is doped for my ancient eyes. If I bought a new 700, I could not afford to rebuild what I have and I do not believe the quality would be there either. I agree that Remington has lost their edge in QC, but many of the other options out there scare me as I love the older 700 and am too old to change... lol

 

[dennishoddy]

My old 700 in .22-250 with Timney trigger will still hold a group the size of a nickel at 200 yds. Back in the day, some dammed fine rifles.

 

[D. Hargrove]

Remington made the 700 the classic, dare say iconic bolt action rifle of the past decade. The actions were unparalleled and the accuracy out of the box was very good and generally consistent. Many a sniper, wanna be sniper, yote collector, deer hunter, prairie poodle assassin, elk terminator and so on have earned their bragging rights on a 700. The next generation of bolt guns are already showing up, Howa, Ruger Precision, Ruger American and many more. Remington may be able to stay in the game if, if they can get their QC back, reputation reinstated and the next generations of hunters convinced they are still tops in the game.

 

[dennishoddy]

Remington made the 700 the classic, dare say iconic bolt action rifle of the past decade. The actions were unparalleled and the accuracy out of the box was very good and generally consistent. Many a sniper, wanna be sniper, yote collector, deer hunter, prairie poodle assassin, elk terminator and so on have earned their bragging rights on a 700. The next generation of bolt guns are already showing up, Howa, Ruger Precision, Ruger American and many more. Remington may be able to stay in the game if, if they can get their QC back, reputation reinstated and the next generations of hunters convinced they are still tops in the game.

I fear they are too far down the hole.
It seems that anytime the Freedom Group buys a company, the QC goes into the pot, and the brand suffers.