Remington Files for Chapter 11 Reorganization and Other Hunting Retailer News

Remington files for Chapter 11 reorganization; American Holoptics takes control of EOTech; Bass Pro Shops and Cabela’s announce bonuses; Fiocchi expands in Arkansas; Ruger reports big Q2 increases; Andy Place named new sales manager at Thorogood; and Streamlight shows law enforcement support.

Remington Files for Chapter 11 Reorganization and Other Hunting Retailer News

Remington Files for Chapter 11 Reorganization

Remington Outdoor Company announced that Remington and its subsidiaries have filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Northern District of Alabama.

Remington intends to conduct a competitive bidding process for the sale of some or all of its assets pursuant to Section 363 of the Bankruptcy Code.

The court’s protections during the Chapter 11...

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