As many of you know, I’ve been tracking the fate of Guitar Center for more than two years now, my mad, toothless Ahab against the White Whale of its private equity-blooded, retail Leviathan. When, oh when, shall it finally wash up bloated on the beach, a thousand harpoons from inconsequential bloggers, disgruntled former employees, and nonplussed customers festooning it from …
PayPal and the retail revolution
Man, when you look at the data, you see just how quickly e-commerce has been evolving just in the past few years.
The Radical Future of Musical Instrument Retail
Some of my most popular material of late has been about musical instrument retail, though focused on a single company and its effect on the marketplace. Nearly a million readers later, I have been hoping to do a much more thorough job of showing just why MI retail is undergoing a revolution, one with ample shocks for all players. I …
Guitar Center and the end of big box retail
As a professional bassist, I buy a lot of musical gear. Let me highlight that, I buy as much musical gear as I possibly can, more than is reasonable or smart. As such, I patronize music stores – all kinds. I love ’em. There is no better therapy than OPG – Other People’s Guitars. One of the places I inhabit …
Signs of concentrated wealth, part 326
Ever been to the Champs-Elysées in Paris? It’s really quite nice! There are a lot of luxury shops there too – Louis Vuitton, car companies, that kind of thing. Just in case you were wondering what the tangible effects of wealth concentration really were, commercial rent on the Champs-Elysées, flooded with Chinese and Korean tourists looking for 10,000 euro handbags, …