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Guitar Center was founded in Hollywood in 1959 by Wayne Mitchell as The Organ Center, a retailer of electronic organs for home and church use. In 1964, after a supplier required him to carry Vox guitar amplifiers, to continue receiving organs, Mitchell added the amplifiers to his inventory and renamed the store The Vox Center, leveraging the Beatles association with the Vox brand.
On Friday, Guitar Center announced it was planning to file for Chapter 11 bankruptcy, and a prepackaged plan could be approved as early as this weekend. The move is part of the music instrument…
Although larger retailers dominate the Internet market share (Elderly grossed $12 million in 1999, larger retail outlets such as Guitar Center grossed $297 million [6]), Elderly attempts to serve vertical markets by offering specialized or rare items on its web site, such as left-handed guitars [24] and instrument-specific books. [25]
By 2005, Music & Arts Center was operating 60 retail locations and 7 educational support centers throughout the mid-Atlantic and Southeast. [3] On February 9, 2005, Guitar Center announced the acquisition of Music & Arts Center and its plans to merge Music & Arts Center with its American Music Group division of band and orchestral instrument ...
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The Fender Music Foundation, formerly The Guitar Center Music Foundation, was established in 2005 in Westlake Village, California by Larry Thomas when he retired as CEO of Guitar Center, Inc. The foundation became active in 2006, raising $765,000 [1] and awarding its first grants at the end of that year. By the end of 2007, their grants ...