Guitar Center downgraded
Credit ratings agency S&P downgraded Guitar Center last week on what analysts saw as a possible debt restructuring that they "would view as tantamount to a default," according to a press release from S&P emailed to Retail Dive. The analysts, led by ...
Fire damages Guitar Center in northwest Phoenix
Phoenix Fire Department crews battled a fire at a Guitar Center at a Phoenix strip mall near Metrocenter early Wednesday morning. The sprinkler system in the store extinguished the fire, which appeared to start near the rear of the business, according ...
Guitar Center Faces Imminent Bankruptcy After 59 Years In Business
As guitar sales plummet, some of the biggest guitar brands and retailers are facing bankruptcy. The latest is Guitar Center, which narrowly averted default and just got downgraded by S&P. Rock n' roll may never die. But that's little consolation to ...