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Guitar Center in trouble?

Discussion in 'Miscellaneous [BG]' started by Maxdusty, Apr 22, 2018.


  1. Maxdusty

    Maxdusty

    Mar 9, 2012
    Michigan USA
    Last edited: Apr 22, 2018
    saabfender and Sam Dingle like this.
  2. jd56hawk

    jd56hawk

    Sep 12, 2011
    The Garden State
    First we've heard of it!
     
    Leiria, xnewyorka, swarfrat and 41 others like this.
  3. skwee

    skwee

    Apr 2, 2010
    Minneapolis
    I'm predicting an eventual fate just like Toys R Us, Bon Ton, Kay Bee Toys, etc. where the hedge fund jerks will walk away with million-dollar bonuses and another industry will be ruined.
     
  4. They'll just switch to an online store, like every other decent music shop did. Sucks not being able to play things before I buy them.
     
  5. ispunk

    ispunk

    Aug 26, 2010
    They already have online stores-guitarcenter.com and musiciansfriend.com
     
  6. elgranluis

    elgranluis

    Feb 14, 2003
    El paso, TX
    i remember the faith of marsmusic. to be fair , i only ever went to the denver store (which was like 5 times the size of the denver guitar center at the time).

    and kaybee toys ... i bought some of my robotech/macross toys , well after they were disconyinued , during the kay bee closeout.
     
  7. toowrongfoo

    toowrongfoo

    Nov 25, 2017
    I'll miss the great no-interest deals. But then again, I won't miss having to come up with cash to pay for instant gratification.

    I'm all for having a place nearby that has many of my needs, but there is a long list of things that I feel is a dis-service to their stores. First and foremost not having the stock I want. It's mostly a bunch of meh things that are designed for people that are not as flavored. I dunno, even strings are hard to get what you want anymore.

    I admit, I mostly just order from sweetwater now. Fast free shipping, correct orders and candy. And nice friendly calls after a purchase from the SAME DUDE for 10 years. Maybe it means nothing to anyone else but I like it.
     
    Gizmot, Supadope, JeffC23 and 17 others like this.
  8. Nm
     
  9. Maxdusty

    Maxdusty

    Mar 9, 2012
    Michigan USA
    I do notice though that GC stores near me have been cutting back on the number of basses they have on stock in terms of quantity and variety. The bass wall is looking pretty sad.
     
    Ellery, fretter, mikewalker and 5 others like this.
  10. gebass6

    gebass6 We're not all trying to play the same music.

    May 3, 2009
    N.E Illinois
    Been in trouble for quite a while.:meh:
     
  11. Stevorebob

    Stevorebob Well... I Am Here, Aren't I? Supporting Member

    Sep 29, 2011
    Los Angeles
    Business is hard. I hope GC can figure this out. There are lots of jobs at stake.
     
  12. The problem is the prior owners borrowed all of the money needed to buy the company by putting the stores up as collateral, hoping the profits would cover the nut and then some. But they overpaid to begin with, and sales have slumped, so they can’t make the payments. A good portion of the ownership has already been turned over to their main creditor. Worse comes to worst the chain will likely be sold off in bankruptcy, another fund will buy them, close down the less profitable stores, and continue in business as a smaller company.
     
  13. Robroy

    Robroy

    Jun 21, 2006
    Central Kentucky
    You know, your post got me thinking...back in the day, new types of instruments were being introduced, and people could go into the store and try them out. I'm thinking things like synths, drum machines, etc.

    Well, the same technology that may take away that opportunity (internet) also gives a viable option: Youtube videos.

    I was thinking about getting a vocal effects box. None of the music stores around me had one, but I went to youtube and found tons of demo videos, both from the producers of the products and customers that either liked thiers or didn't like it. I was able to make an educated decision and got exactly the one I wanted off Sweetwater.

    Regarding basses, my take is that you get used to the feel of whatever one you end up playing the most. But that's just me.
     
  14. IamGroot

    IamGroot

    Jan 18, 2018
    I guess I will miss GC because now I am retired and can go in during the day when the riff raff is mostly absent. I have bought a couple hundred dollars of accessories last week for a gig and dropped $300 on repairs (good guitar tech). Ordering by Amazon sometimes does not work plus there are several guys there with good advice. And a very good guitar tech.

    On the other hand, I waited about five minutes to check out. Two people standing at the counter, but only one doing any work. I think the do nothing was the "manager" judging by her name tag. Some weeding of the herd would be a good thing.
     
    12BitSlab, mikewalker and McG like this.
  15. Robroy

    Robroy

    Jun 21, 2006
    Central Kentucky
    I mostly go to Guitar center for the same reason people go to art museums. I like to look at the cool stuff.

    I buy everything off the internet. Everything.
     
  16. socialleper

    socialleper Bringer of doom and top shelf beer Supporting Member

    May 31, 2009
    Canyon Country, CA
    Their inventory has suffered over the last few years, but after this last Christmas the stores are depressingly empty.
     
    mikewalker likes this.
  17. socialleper

    socialleper Bringer of doom and top shelf beer Supporting Member

    May 31, 2009
    Canyon Country, CA
    Yes, this isn't new news, but it worrisome. I don't think ALL of the GCs will go down if something bad happens. The Sunet store will survive one way or another.
    What surprises me is that Sam Ash seems to be doing OK. Their inventory is decent and they aren't in the news as much. I wonder how they are keeping their bacon out of the fire.
     
    mikewalker likes this.
  18. jd56hawk

    jd56hawk

    Sep 12, 2011
    The Garden State
    My Guitar Center currently has 92 basses.
     
    mikewalker, el_Bajo_Verde and Jewce like this.
  19. Robroy

    Robroy

    Jun 21, 2006
    Central Kentucky
    Yeah. There is a "GC going away" thread here every year or two. There is no doubt in my mind that they are on the way out. The only question is the timing. Heck, it could be years.
     
    Bunk McNulty likes this.
  20. Are 80 of them the same two companies?
     

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