Find Your Daily Voice
Trumbull-Monroe
Easton Redding
Serving Trumbull, Monroe, Easton, and Redding
Sunday, apr 28
45°
Follow
News
Schools
Business
Obituaries
Police & Fire
Weather
Lifestyle
Politics
Sports
Traffic
Real Estate
Tags
Jobs
Shop
Support Us
Trumbull-Monroe
Easton Redding
Follow
Find Your Daily Voice
News
Schools
Business
Obituaries
Police & Fire
Weather
Lifestyle
Politics
Sports
Traffic
Real Estate
Tags
Jobs
Shop
Support Us
Home
About us
All sites
Advertise with us
Contact us
Terms of use
Privacy policy
Code of ethics
Site Map
© 2024 Cantata Media
45°
Sunday, apr 28
Tag:
Guitar Center
News
Guitar Center Files For Bankruptcy
Guitar Center, a mecca for new and used, affordable musical instruments, has filed for bankruptcy. On Saturday, Nov. 21, the retail chain - and the largest seller of musical equipment in the U.S., said it was filing for Chapter 11 bankruptcy, according to MarketWatch. Guitar Center plans to keep its U.S. 300 stores open during the bankruptcy process. The filing is expected to help Guitar Center reduce its debt by $800 million. As is the case with many recent bankruptcy filings, Guitar Center said economic restrictions brought on by the global COVID-19 pandemic have negatively affected bus…