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Post by sumgai on Nov 14, 2020 22:20:18 GMT -5
Covid-19 may claim yet another retailer.
Yesterday (Friday the 13th), GC let out the news that it is preparing to file for Chapter 11 Bankruptcy. After several weeks of debt negotiation and re-negotiation with creditors, GC missed an interest payment of roughly $45Megabucks in October. The filing will let the chain continue to operate at normal "business as usual" levels (meaning, no screaming deals, they're not yet that far gone).
Use your favorite search engine for further news.
sumgai
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Post by newey on Nov 15, 2020 7:54:24 GMT -5
Good news for my local music store and others.
The local store, after shutting down in April-May with the rest of the State as "non-essential", reopened at the end of May with reduced hours. My lesson got moved up from 7 pm to 5:30pm, and the lesson studios have plexiglas shields erected betweeen the instructors and students- they use those drum suppressor thingys bands use in concert. Masks are of course mandatory, and on the sales floor, they took a wall out so that there is an "in" and "out" area so customers can maintain distancing.
This is an old-line local store, in business since the 1970s. I'm sure they took a big hit, but they did what they had to do and they seem to be doing OK, they've brought in a good deal of new stock. started carrying some new brands.
Four years ago, on the occasion of our only meeting to date, sumgai and I paid a visit to the Guitar Center in Seattle. I haven't been in one since then.
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Post by b4nj0 on Nov 15, 2020 10:50:10 GMT -5
The onlyest time I went to a Guitar Centre was back in 2009 when I enjoyed three working visits to Seattle. Fact is I'm not certain any more, but it was more likely in Renton if there is/was one located there because I was working in Renton near to the Boeing plant and staying at The Holiday Inn. As a Limey I was chopsmacked by the sheer size of it, and you could park right outside too.
My Zebrawood Firebird is one of the G.O.T.M. "limited" issues that they did back in 2007. It's a beast and something of a statement strapped on, but against all expectations it has the most amazing chimey unamplified sound going on. I instinctively think that bigger is not necessarily better, but GC does provide the competition that acts in our favour, and I'd be a little disappointed if it disappeared from the market.
I have vivid and fond memories of "Billie's" roadhouse located on the parking lot between the hotel and where I was "working", although it closed down after my second trip. A guy I had a lot to do with tried his hardest to get the owner to take a leaf out of the Hooters business model to increase footfall but he refused. Wonderful people and happy days folks.
Sorry to go on but I sure miss those trips ...
e&oe ...
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