4 ms·
They sell guns, but not anything that people are panic buying.
by yaur 6y ago
They sell guns, but not anything that people are panic buying.
- rspeele 6y agoPeople would absolutely panic buy a Remington 870, if it was still good. A 12GA pump is a classic "don't know much about guns but want something to keep at home" purchase, and the 870 used to be THE industry standard. But they don't make 'em like they used to. It doesn't help Remington that the quality guns they made for decades still exist on the secondary market and work just fine. So they are not only competing against their counterparts on the new gun market like Mossberg, but against their past, generally agreed to be better, output. There hasn't been anything new, tech-wise, in guns for the past 40 years, so you can't beat the old guns with features like how a new phone has a faster processor and better camera. You have to stay on par in terms of quality and hope that people will prefer to buy new for the customer service, parts availability, and aftermarket support.
- EdwardDiego 6y agoReminds me of when Suzuki switched manufacturing of their GN250 to Chinese factories, and suddenly second hand Japanese built Ginnies were attracting a premium over brand new models.
- yaur 6y agoThe 870 is still fine (I must have at least a 1000 rounds through mine) and is still something you can buy with a modest panic markup. The more ubiquitous Glock 19, which I would argue is a much less effective home defense weapon, is pretty much gone. The causes of that are more interesting than than Remington's bankruptcy.
- jaclaz 6y ago> The causes of that are more interesting than than Remington's bankruptcy. And what are they, if I may ask?