Remington has been adrift and dying for decades.
Very true. They missed out on making modern handguns and rifles and then missed out on making lever action rifles which had an increase in popularity due to cowboy action shooting.
For cowboy action shooting, there was room in the market for their 1890 Single Action Army which Uberti made faithful recreations of.
There would have also been a small but proud market for their M1903 Springfield and M1917 Enfield rifles although the licensing issues may have prohibited that.
They were running on fumes selling the 870 shotgun and the 700 bolt action rifle.
For all their significant shotgun expertise, they missed the opportunity to make AR-12s which they could have parlayed into military and law enforcement contracts.