Guitar Center is filing for Chapter 11 bankruptcy, the latest company to go bankrupt during the pandemic that has decimated America’s retail sector. The 61-year-old…
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Tag: guitar center
Guitar Center Preparing For A Possible Bankruptcy Filing
Guitar Center has begun to prepare for a potential bankruptcy filing that could come as soon as next month, people with knowledge of the situation…
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Guitar Center Drops Fulltone Products Amid Owners Controversial Comments
It looks like Mike Fuller has created quite the shitshow for himself. Mike Fuller, who’s the founder of the boutique pedal company Fulltone, has issued…
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Guitar Center Suffers Major Ratings Downgrade From Moody’s: ‘Leverage Remains High & Cash Flow Is Limited’
Moody’s has downgraded the credit rating of Guitar Center, and the Westlake Village-based music retailer is continuing to struggle financially amid the coronavirus (COVID-19) crisis.…
View More Guitar Center Suffers Major Ratings Downgrade From Moody’s: ‘Leverage Remains High & Cash Flow Is Limited’ Guitar Center Furloughs 9,000 Employees
It should come as no surprise that Guitar Center has furloughed more than 9,000 of its employees due to the coronavirus outbreak. The stores can’t…
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A Future NOT SO BRIGHT For One Particular Guitar Company
What happens when you take a once proud guitar company and your son inherits the business who has no real-world business experience and has a…
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Swiss Picks: Taking One Guitarist At A Time From Jim Dunlop
By Andrew Catania Los Angeles-based guitarist Pete Punckowski always had a problem with standard, everyday guitar picks. He wanted a pick that would fit his…
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By Andrew Catania Guitar Center which is the largest chain of musical instrument retailer throughout the world has been faced with overwhelming financial hurdles, so…
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