NPR

Remington Declares Chapter 11 Amid 'Trump Slump' In Gun Sales

The 200-year-old firearms manufacturer has struck a deal to stave off creditors as it tries to reorganize amid falls in sales and louder calls for gun control.
Ammunition and a Remington Bushmaster rifle are seen at a gun display during a National Rifle Association outdoor sports trade show in 2017 in Harrisburg, Pa.

Firearms manufacturer Remington Outdoor has filed for Chapter 11 bankruptcy protection in hopes of staving off creditors amid a slump in sales and public outcry over gun violence.

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