Guitar Center is filing for Chapter 11 bankruptcy, the latest company to go bankrupt during the pandemic that has decimated America's retail sector. http://rss.cnn.com/~r/rss/cnn_topstories/~3/Uv_Lhkvcbac/index.html
So sad, Retail was such a great industry I made a lot of money working within. I was mostly in Consumer Electronics. I had worked for Broadway Southwest, Fred Schmidt, Ultimate Electronics, Sears, hhgregg, and Best Buy. Only one remains standing. I never thought I'd see a day where people don't want to HEAR an instrument, audio system, or SEE an appliance to make sure it fits, lay on a bed prior to ordering it, or test drive a car prior, prior to purchasing any large purchase. But we're there.
-tG
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