Guitar Center has been a staple in American music culture for more than 50 years. Having around 300 locations nationwide, ...

Guitar Center has been a staple in American music culture for more than 50 years. Having around 300 locations nationwide, there are bound to be some hiccups in the chain somewhere. Now ...

The 300-store Guitar Center chain recently appeared on Moody’s and S&P Global Ratings’ distressed retailers’ list. The company remains highly leveraged with debt coming due after exiting ...