Business

Major U.S. gun manufacturer Sig Sauer announced a significant layoff today, saying the overall slump in gun sales has forced it to cut nearly 10 percent of its staff from its Exeter, New Hampshire, and Newington, New Hampshire, manufacturing facilities.

A new category has been growing quickly in the market and it made its presence felt during this year's NRA show in Indianapolis. High-tech offerings — from firearms accessories and gear to online services for just about any shooter’s needs — were numerous and popular with the attendees.

A new category has been growing quickly in the market and it made its presence felt during this year's NRA show in Indianapolis. High-tech offerings — from firearms accessories and gear to online services for just about any shooter’s needs — were numerous and popular with the attendees.

Despite a slowdown in sales, most observers in the industry see this as a good-news-bad-news kind of scenario, especially in light of the general perception that, despite the bubble shrinkage, the current firearms industry is in overall good health.

Despite a slowdown in sales, most observers in the industry see this as a good-news-bad-news kind of scenario, especially in light of the general perception that, despite the bubble shrinkage, the current firearms industry is in overall good health.

The company is offering customers a $50 gift certificate redeemable for rifle accessories and a free Rat Rapid Assault Tactical case from U.S. Peacekeeper Products, an $82 value.

The company is offering customers a $50 gift certificate redeemable for rifle accessories and a free Rat Rapid Assault Tactical case from U.S. Peacekeeper Products, an $82 value.

Industry group's report shows $48 billion in sales and nearly 1 billion jobs related to hunting and shooting in the U.S.

Industry group's report shows $48 billion in sales and nearly 1 billion jobs related to hunting and shooting in the U.S.

The Sands Expo and Convention Center has more than 2 million square feet of event space, but even that is pushed to the limit by SHOT, the fifth-largest trade show in Las Vegas.

The Sands Expo and Convention Center has more than 2 million square feet of event space, but even that is pushed to the limit by SHOT, the fifth-largest trade show in Las Vegas.

The nationwide retailer is the latest business in the cross hairs of the anti-gun group Moms Demand Action for Gun Sense in America. The group has petitioned the Minneapolis, Minn., based Target Corp. to ban guns in its stores and their effort quickly collected over 10,000 signatures.

The nationwide retailer is the latest business in the cross hairs of the anti-gun group Moms Demand Action for Gun Sense in America. The group has petitioned the Minneapolis, Minn., based Target Corp. to ban guns in its stores and their effort quickly collected over 10,000 signatures.

Shooters or snipers? Civilians dig deep for heavy, accurate rifles with no-nonsense profiles.

Shooters or snipers? Civilians dig deep for heavy, accurate rifles with no-nonsense profiles.

Leaked study shows harsh rules might be imposed on gun stores who want to open in violence-wracked city.

Leaked study shows harsh rules might be imposed on gun stores who want to open in violence-wracked city.