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Music & Sound Retailer

The Music & Sound Retailer: November 2020 Digital Edition

COVER STORIES Stating an Optimistic Case Despite difficult times, accessories, bags and cases manufacturers continue to show strength. Home Is Where Pro Audio Is Although the end-user dynamic has shifted, quarantine creativity has boosted the...
Guitar Center

Guitar Center Enters Restructuring Support Agreement

Guitar Center has entered into a Restructuring Support Agreement (RSA) with its key stakeholders, including its equity sponsor, a fund managed by the Private Equity Group of Ares Management Corporation, new equity investors Brigade Capital Management...

Bloomberg Again Alleges Potential Guitar Center Bankruptcy

Bloomberg on Nov. 13 reported on a potential Guitar Center bankruptcy, stating the bankruptcy filing could come as early as Nov. 14. According to the article, “The potential filing follows weeks of negotiations between Guitar Center and its creditors...
NAMM

NAMM Congratulates the 2020 Top 100 Awards Dealers

NAMM has announced the list of enterprising music product retailers to be honored at the organization's Top 100 Dealer Awards. Now in its 10th year, the annual awards ceremony honors retailers who demonstrate exceptional commitment to their stores, n...