Private equity keeps stabbing Guitar Center but it still won’t die
There’s no way to blame the pandemic for the bankruptcy of Guitar Center. But they’re still going to try.
The largest music gear retailer in the United States and a crucial part of the music scene here is broke and filed for bankruptcy in the Eastern District of Virginia in November 2020. Even before the papers were filed, analysts fed by friendly financial industry executives were selling the public on the myth that the pandemic was somehow to blame for the company’s…
TO READ FULL STORY Clik Here!
from : 5mag.net