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So what does this mean?
Well, the company won't be going away. There's going to be Guitar Center (and Musician's Friend, same company).
But we're very likely looking at store closings which will suck for lots and lots of towns across the US.
Well, the company won't be going away. There's going to be Guitar Center (and Musician's Friend, same company).
But we'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't compete.
If you're in a bigger city, that's not a huge deal. You've got Sam Ash, you've got CME, Norman's, etc.
But say you're Spartanburg, SC where Guitar Center was almost the only game in town.
If you're in a bigger city, that's not a huge deal. You've got Sam Ash, you've got CME, Norman's, etc.
But say you're Spartanburg, SC where Guitar Center was almost the only game in town.
As a result of Guitar Center'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.
Musical instruments are a lot like cars: you have to test it before you buy it.
When you're talking about guitars or brass or strings, you're also talking about instrument-to-instrument variances. You can't just buy one sight unseen.
When you're talking about guitars or brass or strings, you're also talking about instrument-to-instrument variances. You can't just buy one sight unseen.
