Guitar Center Sold?

jdogric12 · Post by **jdogric12** » Wed Jun 27, 2007 8:57 am

You're all right, sort of (about Outback). The company is now privately owned by the founders and Bain Capital, as well as another firm called Catterton. Details on that can be found at outback.com.

Outback is very good with its people compared to most other companies I've known. They're totally against layoffs and such. Of course, you never know, but having our founders as part owners most likely ensures J Dog ain't going nowhere. Thanks for the concern though.

elysrand · Post by **elysrand** » Wed Jun 27, 2007 10:21 am

SO, JDog, should we plan a trip to the nearest Outback at SoCal 2007 and abuse your 50%-off corporate discount card? I am kinda partial to Bloomin Onions and Ribs myself

johnhall · Post by **johnhall** » Wed Jun 27, 2007 10:44 am

I was pretty happy to see this today, given that all my GC stock was purchased for $15 per share or less!

All the new owners have to do is break the cesspool mentality there . . . you know, the biggest chunks float to the top? Fire about 5 people and the profits will go up immensely.

Get rid of the jet (previously used by the drug cartels of Mexico) and profits will go up even more.

charlyg · Post by **charlyg** » Wed Jun 27, 2007 10:53 am

Tidy little profit there John!

Good show 'ol chap!
I've been brushing up on my Brit sayings.......

jwr2 · Post by **jwr2** » Wed Jun 27, 2007 12:31 pm

they will sell off the inventory and close the stores and put up a car dealership ...

johnhall · Post by **johnhall** » Wed Jun 27, 2007 1:23 pm

One can only hope.

jwr2 · Post by **jwr2** » Wed Jun 27, 2007 2:54 pm

I recently visited one of the guitar centers here in Denver ... there was a guy who was having his hollow bodied guitar set up by the GC tech ... the tech was one of those GC Rock n roll wanna-bes ... he had the R&R look but he had the crummy GC day job ... the guitar owner said he really wanted to get a Rickenbacker but he wanted to wait until he got to be a better player ... the GC employee said we don't sell Rickenbackers ... I told the guy if he wanted a Ric then get one ...

mgauction · Post by **mgauction** » Wed Jun 27, 2007 3:13 pm

What happens to the Burst Brothers?

drumbob · Post by **drumbob** » Wed Jun 27, 2007 3:39 pm

I hope GC dies and goes to hell. The mention of that infernal chain stirs up really serious, passionate feelings in me. I despise them for turning the music retail business into a Wal-Mart selling experience with idiots behind every counter. I hate them for putting indie music stores out of business.

I will not shop there anymore, and am doing everything in my power as a musician, writer and journalist to encourage other musicians and parents of musicians to shop at independent music stores. Check put my column "And The Beat Goes On" in the current issue of Classic Drummer magazine. It's about developing a relationship with indie music retailers...and leaving GC behind.

charlyg · Post by **charlyg** » Wed Jun 27, 2007 4:39 pm

I try and support Jammin Jersey here in the valley. I guess some folks don't like them, but they have always been good to me, and they are an authorized Rick dealer. I now work close to Truetone so I try and get to both places once a month or so.

mgauction · Post by **mgauction** » Wed Jun 27, 2007 4:54 pm

I like Trutone too, Charly. Good neighborhood music store with interesting vintage pieces and lots of the newer instruments. At home, I support AZ Music in Scottsdale.

beatlefreak · Post by **beatlefreak** » Thu Jun 28, 2007 2:35 am

Mike wrote:
"What happens to the Burst Brothers?"

They're still there. They run big ads in Vintage Guitar magazine every month.

kog · Post by **kog** » Fri Jun 29, 2007 8:49 pm

Mike -- I don't suppose your AZ Music is in any way related to the old AZ Music that was out at 47th Ave & Glendale waaay back when? I got my first good guitar, a '64 Gretsch 6120 from them in 1965.

squirebass · Post by **squirebass** » Tue Jul 03, 2007 5:20 am

I bought an old Fender bass amp from Jammin' Jersey a few years back, they did a GREAT job with it, it was just as advertised, the amp was carefully packed and the speaker removed and packed carefully, at a good price... I'd definitely deal with them again.

gjg59 · Post by **gjg59** » Sat Jul 07, 2007 7:58 am

I heard that Gibson just bought Garrison Guitars