Guitar Center Newswire

Guitar Center Newswire

Comprehensive Real-Time News Feed for Guitar Center.

Results 1 - 15 of 15 in Guitar Center

  1. Bain Capital Surprisingly Seenas Immune From Portfolio s DistressRead the original story

    Oct 28, 2017 | Lucianne.com

    ... 11 of Toys "R" Us Inc. -- Bain investments from 2010 and 2005, respectively. Three other Bain companies, Guitar Center Inc., TOMS Shoes Inc. and iHeartMedia Inc., are each experiencing distressed financials, according to ratings agencies. ...

    Comment?

  2. Police LogRead the original story w/Photo

    Oct 26, 2017 | Warwickonline.com

    ... tailgate was estimated to be valued at $1,000. The officer then spoke with employees at the neighboring store, Guitar Center, and found that one of the employees was coming back from break at the time of the officer's arrival. He told the officer he ...

    Comment?

  3. Bain Seen as Immune From Portfolio's DistressRead the original story w/Photo

    Oct 15, 2017 | TheStreet.com

    ... 11 of Toys "R" Us Inc. -- Bain investments from 2010 and 2005, respectively. Three other Bain companies, Guitar Center Inc., TOMS Shoes Inc. and iHeartMedia Inc., are each experiencing distressed financials, according to ratings agencies. ...

    Comment?

  4. The House of Remy Martin Launches Season Four of the Producers Series ...Read the original story w/Photo

    Sep 10, 2017 | Newkerala.com

    ... events. Five finalists will be flown to Las Vegas, for the Grand Finale and a chance to win $4,900 from Guitar Center towards building their own personal music studio. "Remy Martin celebrates the many talents and creative artistry of music producers ...

    Comment?

  5. Guitar Center and MusiCares Team Up to Provide Aid to Victims of...Read the original story w/Photo

    Sep 5, 2017 | Pro Sound News

    The goal of the program is to help the music communities of South Texas get back on their feet as quickly as possible to keep the music going. For this program, Guitar Center is encouraging customers to donate at any of the Guitar Center or Music & Arts stores across the country at the register or online .

    Comment?

  6. Guitar Center and MusiCares(R) Team Up to Provide Aid to Victims of Hurricane HarveyRead the original story w/Photo

    Aug 31, 2017 | Market Wire

    In direct response to the ongoing devastation due to the floods in Houston and other cities affected by Hurricane Harvey, Guitar Center Inc., the world's largest musical instrument and professional audio retailer, has teamed with MusiCares -- a charity of the Recording Academy -- to launch a dedicated initiative to help impacted musicians, songwriters, recording studios and audio professionals re-build their lives. The goal of the program is to help the music communities of South Texas get back on their feet as quickly as possible to keep the music going.

    Comment?

  7. Gibson Guitar May Default If Company Can't Refinance Its DebtRead the original story w/Photo

    Aug 22, 2017 | TheStreet.com

    ... Still, the company has posted small revenue and has poor product diversity, Moody's said. Music retailer Guitar Center Inc. had its outlook changed to negative in April (rating maintained at B2) as a result of the challenging retail environment and ...

    Comment?

  8. Americans for the Arts Announces Annual Business Committee for the...Read the original story

    Aug 21, 2017 | PressReleasePoint

    ... October 11, 2017. This year's honorees are 21c Museum Hotels (Louisville, KY); Cardinal Health (Dublin, OH); Guitar Center Inc. (Westlake Village, CA); Halekulani Corporation (Honolulu, HI); Houston Methodist (Houston, TX); Humana Inc. (Louisville, ...

    Comment?

  9. Guitar Center Names Jeannine D'Addario Senior Vice President and Chief Customer OfficerRead the original story w/Photo

    Aug 14, 2017 | Market Wire

    Guitar Center announces the appointment of Jeannine D'Addario to the position Senior Vice President and Chief Customer Officer for the Guitar Center brands. D'Addario's appointment is the result of an extensive search by Guitar Center management, who selected D'Addario for her wealth of marketing, innovation and retail experience.

    Comment?

  10. Exclusive: U.S. retailer Guitar Center explores debt restructuring - sourcesRead the original story w/Photo

    Jul 12, 2017 | Reuters

    Guitar Center Inc, the largest U.S. retailer of music instruments and equipment, is looking for ways to restructure its $1.3 billion debt burden as music lovers move their shopping online, according to people familiar with the matter. The move makes Guitar Center the latest example of a brick-and-mortar retailer facing financial distress, as its stores are relegated to showrooms by consumers looking for bargains on the internet and in big box retailers such as Wal-Mart Stores Inc , musicians can now buy their instruments online from Sweetwater Sound Inc, as well as directly from guitar makers themselves, such as Fender Musical Instruments.

    Comment?

  11. Americans for the Arts Honors Guitar Center for Exceptional...Read the original story

    May 2, 2017 | Pro Sound News

    Americans for the Arts announced today that Guitar Center has been named a "BCA 10: Best Businesses Partnering with the Arts in America" honoree for 2017. Presented every year by the Business Committee for the Arts , a division of Americans for the Arts, the BCA 10 awards honor 10 U.S. companies, business leaders and arts and business partnerships for their exceptional commitment to the arts through grants, local partnerships, volunteer programs, matching gifts, sponsorships, and board membership.

    Comment?

  12. Arrest Warrants Issued For 3 Suspects Wanted In OKC Home BurglaryRead the original story w/Photo

    Apr 28, 2017 | News9 Oklahoma City

    ... Shields, Ramona Thomas and Ronald Schmidt. Detectives discovered Schmidt sold the stolen guitars and amps to a Guitar Center. But thankfully, Monard will get them back. He will also get back a metal statue that investigators said Schmidt tried to ...

    Comment?

  13. Guitar Center Debt Another Sour Note in Retail Distress OrchestraRead the original story w/Photo

    Apr 27, 2017 | TheStreet.com

    Elvis Presley, Jimi Hendrix and Prince came and went since 1959, when Guitar Center first opened, but the company is still here--and so is its debt. The company got its start in Hollywood as the Organ Center and then became Guitar Center in 1964 after the Thomas Organ Co.

    Comment?

  14. Americans for the Arts Honors Guitar Center for Exceptional Commitment to the ArtsRead the original story w/Photo

    Apr 27, 2017 | Market Wire

    Americans for the Arts announced today that Guitar Center has been named a "BCA 10: Best Businesses Partnering with the Arts in America" honoree for 2017. Presented every year by the Business Committee for the Arts , a division of Americans for the Arts, the BCA 10 awards honor 10 U.S. companies, business leaders and arts and business partnerships for their exceptional commitment to the arts through grants, local partnerships, volunteer programs, matching gifts, sponsorships, and board membership.

    Comment?

  15. Guitar Center bonds slide to record lows on concerns about company's debt burdenRead the original story w/Photo

    Apr 25, 2017 | MarketWatch

    Bonds issued by Guitar Center, the biggest retailer of musical instruments in the world, are languishing at record lows on growing concern that the company is going to be overwhelmed by its roughly $1 billion of outstanding bond debt, part of a debt burden that totals about $1.6 billion, once loans and other borrowings are included. Moody's Investors Service earlier this month revised the outlook on its B2 rating to negative, meaning it could downgrade it further into junk territory in the medium term.

    Comment?