GC actually may finally be going under?

Psyre · Post by **Psyre** » Mon Dec 10, 2012 1:31 pm

Disregard the website, but interesting read. COuld be the end of GC, MF, and even Harmony-central. Maybe the small stores can rise up again?
http://thetoneking.com/wp/life-support-how-long-until-they-pull-the-plug-on-guitar-center/

benjuro · Post by **benjuro** » Mon Dec 10, 2012 3:06 pm

VERY interesting read. Only thing I've used GC for in the past few years is swapping failed Monster cables...only guitar store in my life I couldn't get out of fast enough.

Psyre · Post by **Psyre** » Mon Dec 10, 2012 3:09 pm

While reading, when the business style of GC was described it matched my experience at Staples perfectly, which was also bought by Bain Capital, which is also failing.

Caesar · Post by **Caesar** » Mon Dec 10, 2012 3:34 pm

It's the only place near me where I can try new Gibsons

Dr. Sherman Sticks M.D. · Mon Dec 10, 2012 5:12 pm

heres to the possibility of no more "hey what kind of band are you in bro bro?"!!! huzzzah!

space6oy · Post by **space6oy** » Mon Dec 10, 2012 7:04 pm

huh. interesting. i always pictured musician's friend being the parent to guitar center, not the other way around. never looked into it. wonder what'll happen w/ their online sales... biggest online retailer of music gear in the world, isn't it?

devideva · Post by **devideva** » Mon Dec 10, 2012 8:19 pm

guitar - guitar center - guitar
what has changed really?

You can find anything online

space6oy · Post by **space6oy** » Mon Dec 10, 2012 9:31 pm

devideva wrote:guitar - guitar center - guitar
what has changed really?

You can find anything online

did you read the article?

Gearmond · Post by **Gearmond** » Mon Dec 10, 2012 10:22 pm

cool. fine with me. Sam Ash is way better anyways, and the one by me at least has a much better layoud even after they cut back.

musiciansfriend i'll miss cuz its where i got my first bass and you can get stuff REALLY cheap there, usually

devideva · Post by **devideva** » Mon Dec 10, 2012 10:27 pm

space6oy wrote:
devideva wrote:guitar - guitar center - guitar
what has changed really?

You can find anything online

did you read the article?

Yeah, unt zo?

GardenoftheDead · Post by **GardenoftheDead** » Mon Dec 10, 2012 10:30 pm

Psyre wrote:Maybe the small stores can rise up again?

{sarcasm]Yes because I really want music gear to cost more money[/sarcasm].

space6oy · Post by **space6oy** » Mon Dec 10, 2012 10:41 pm

devideva wrote:
space6oy wrote:
devideva wrote:guitar - guitar center - guitar
what has changed really?

You can find anything online

did you read the article?

Yeah, unt zo?

dubkitty · Post by **dubkitty** » Mon Dec 10, 2012 11:36 pm

it's pushing the point to blame Bain for GC's problems...GC has been in trouble for a long time now. when Gibson's financial status was an issue a few years ago, one problem noted was that GC owed Gibson millions and millions of dollars for gear advanced against future sales which was in esse an unrecoverable debt. i've read claims that FMIC (Fender Musical Instrument Corporation) is similarly exposed, and i expect they're not the only ones. perhaps the real question isn't what'll happen to GC/MF/M123 et al., but rather what the impact will be on Gibson, FMIC, Roland/BOSS, and the other manufacturers, and closer to home how this will affect the small manufacturers/builders who have been making inroads at GC more recently.

Jwar · Post by **Jwar** » Tue Dec 11, 2012 1:30 am

I feel bad for the employees. That is all.

McSpunckle · Post by **McSpunckle** » Tue Dec 11, 2012 4:02 am

Every once in a while, if GC carries something I'm interested in, I'll go in, try it out, and find it online for cheaper.

... hey wait a minute...

ilovefuzz.com

GC actually may finally be going under?

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