In an era where Amazon reigns supreme, brick and mortar stores are closing more and more every day. That is the case for one clothing store in Rome, New York.
The company announced in a press release that they sold "substantially all of its assets" to Amici Partners Group, LLC as part of their Chapter 11 filing.
In a memo to employees on Tuesday, the CEO of Remington Arms explained yesterday's bankruptcy filing and said the company will most likely go up for auction in September.