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The End of Guitar Center

36 点作者 McKittrick超过 10 年前

7 条评论

stolio超过 10 年前
I don&#x27;t feel that bad since Guitar Center put almost all their competitors out of business. I remember being <i>furious</i> on the days I had to go to Guitar Center because I needed something <i>that afternoon</i> and there was nowhere else to go.<p>As companies like this are grabbing market share the story is always that if they fail the market can just go back to what it was. It rarely does.<p>Interesting is that some of the businesses that GC put under might have been able to compete in markets where GC can&#x27;t, where customer loyalty is important. There&#x27;s no reason to buy something from Guitar Center that you could order online unless you need it immediately. But a locally owned music shop where you&#x27;ve known the owner for 10 years and always go play guitars on your days off? It feels <i>good</i> spending money there.
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Lazare超过 10 年前
A large bricks and mortar chain coming to grief isn&#x27;t an enormous surprise. It&#x27;s happening throughout retail. Radio Shack, Best Buy, Office Depot, Borders Books; everywhere you look chains of brick and mortar retailers are collapsing, closing, or merging.<p>But of course, selling musical instruments is different, for unspecified reasons. Guitar Center&#x27;s problems aren&#x27;t just because of a changing retail environment but a searing indictment of modern capitalism that is somehow linked to the housing crisis (what?), and somehow to the declaration of martial law (huh?) and the destruction of the US dollar (uh...) that apparently happened over the last few years.<p>Fine, the author thinks Guitar Center is about to declare bankruptcy. He&#x27;s not alone; rating agencies have deemed their bonds to be junk. But neither is Guitar Center; there&#x27;s a lot of failing companies around. Unless you&#x27;re unlucky enough to own some of their debt (or, worse, the company itself), I have no idea why you&#x27;d care.<p>(...which kind of makes me wonder why the author cares. If he ownd a bunch of Guitar Center bonds, I&#x27;d assume he&#x27;d just sell them. What&#x27;s his angle here?)
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tdees40超过 10 年前
&gt; &quot;Second, it did so just as the housing fraud and financial insanity which characterized the late 1990s and early 2000s nearly destroyed the U.S. dollar and left us with martial law.&quot;<p>Er, what? Martial law? I guess I wasn&#x27;t around for that one.
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mathattack超过 10 年前
By the time it gets to this, it&#x27;s hard to view the writer as anything other than a quack.<p><i>Second, it did so just as the housing fraud and financial insanity which characterized the late 1990s and early 2000s nearly destroyed the U.S. dollar and left us with martial law. </i>
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jmsdnns超过 10 年前
I can&#x27;t stand the way I get asked, &quot;how much are you looking to pay?&quot; every time I go in there...<p>Seeing Guitar Center flail is like seeing McDonald&#x27;s flail... I don&#x27;t feel bad at all and hope for a speedy decimation.
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cpenner461超过 10 年前
Funny, I just got a flier from them in the mail today. They recently (not quite 1 year ago) opened a second store in my area, about 20m down the road from another bigger Guitar Center. I thought it was a bit strange that they&#x27;d put them so close together.
tootie超过 10 年前
Maybe they&#x27;ll just get bought by Amazon.