Dammit.
Venture capital strikes again. https://twitter.com/thefader/status/1321526898263003137">https://twitter.com/thefader/...
Venture capital strikes again. https://twitter.com/thefader/status/1321526898263003137">https://twitter.com/thefader/...
So what does this mean?
Well, the company won& #39;t be going away. There& #39;s going to be Guitar Center (and Musician& #39;s Friend, same company).
But we& #39;re very likely looking at store closings which will suck for lots and lots of towns across the US.
Well, the company won& #39;t be going away. There& #39;s going to be Guitar Center (and Musician& #39;s Friend, same company).
But we& #39;re very likely looking at store closings which will suck for lots and lots of towns across the US.
Guitar Center did the Walmart model: they came to town and little stores couldn& #39;t compete.
If you& #39;re in a bigger city, that& #39;s not a huge deal. You& #39;ve got Sam Ash, you& #39;ve got CME, Norman& #39;s, etc.
But say you& #39;re Spartanburg, SC where Guitar Center was almost the only game in town.
If you& #39;re in a bigger city, that& #39;s not a huge deal. You& #39;ve got Sam Ash, you& #39;ve got CME, Norman& #39;s, etc.
But say you& #39;re Spartanburg, SC where Guitar Center was almost the only game in town.
As a result of Guitar Center& #39;s business model, if they close stores then there are going to be deserts in the US where finding musical instruments and gear locally will be something of a challenge.