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GC actually may finally be going under?
Posted: Mon Dec 10, 2012 1:31 pm
by Psyre
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/
Re: GC actually may finally be going under?
Posted: Mon Dec 10, 2012 3:06 pm
by benjuro
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.
Re: GC actually may finally be going under?
Posted: Mon Dec 10, 2012 3:09 pm
by Psyre
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.
Re: GC actually may finally be going under?
Posted: Mon Dec 10, 2012 3:34 pm
by Caesar
It's the only place near me where I can try new Gibsons
Re: GC actually may finally be going under?
Posted: Mon Dec 10, 2012 5:12 pm
by Dr. Sherman Sticks M.D.
heres to the possibility of no more "hey what kind of band are you in bro bro?"!!! huzzzah!
Re: GC actually may finally be going under?
Posted: Mon Dec 10, 2012 7:04 pm
by space6oy
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?
Re: GC actually may finally be going under?
Posted: Mon Dec 10, 2012 8:19 pm
by devideva
guitar - guitar center - guitar
what has changed really?
You can find anything online
Re: GC actually may finally be going under?
Posted: Mon Dec 10, 2012 9:31 pm
by space6oy
devideva wrote:guitar - guitar center - guitar
what has changed really?
You can find anything online
did you read the article?
Re: GC actually may finally be going under?
Posted: Mon Dec 10, 2012 10:22 pm
by Gearmond
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
Re: GC actually may finally be going under?
Posted: Mon Dec 10, 2012 10:27 pm
by devideva
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?
Re: GC actually may finally be going under?
Posted: Mon Dec 10, 2012 10:30 pm
by GardenoftheDead
Psyre wrote:Maybe the small stores can rise up again?
{sarcasm]Yes because I really want music gear to cost more money[/sarcasm].
Re: GC actually may finally be going under?
Posted: Mon Dec 10, 2012 10:41 pm
by space6oy
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?
Re: GC actually may finally be going under?
Posted: Mon Dec 10, 2012 11:36 pm
by dubkitty
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.
Re: GC actually may finally be going under?
Posted: Tue Dec 11, 2012 1:30 am
by Jwar
I feel bad for the employees. That is all.
Re: GC actually may finally be going under?
Posted: Tue Dec 11, 2012 4:02 am
by McSpunckle
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...