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May 29, 2015 11:34 PM ET

Specialty Retail

Company Overview of Guitar Center, Inc.

Company Overview

Guitar Center, Inc. operates as a retailer of music products in the United States. It operates three business segments: Guitar Center, Direct Response, and Music & Arts. The Guitar Center segment offers guitars, amplifiers, percussion instruments, keyboards, and pro audio and recording equipment through its retail stores and online. It also provides repair services, and rehearsal and/or lesson space. As of October 21, 2013, this segment operated approximately 250 Guitar Center stores The Direct Response segment is involved in the catalog and online sale of a range of music products under various brand names. This segment operates musiciansfriend.com Web site The Music & Arts segment rents an...

5795 Lindero Canyon Road

Westlake Village, CA 91362

United States

Founded in 1959

7,738 Employees

Phone:

818-735-8800

Key Executives for Guitar Center, Inc.

Chief Executive Officer and President
Age: 56
Chief Financial Officer and Executive Vice President
Age: 45
Chief Executive Officer of Music and Arts Center
Age: 58
President of Music & Arts
Age: 48
Principal Accounting Officer, Vice President of Finance and Controller
Compensation as of Fiscal Year 2014.

Guitar Center, Inc. Key Developments

Guitar Center, Inc. Opens New Retail Location in Westlake Village, California

Guitar Center, Inc. has announced the opening of its new retail location, a musical instrument and technology center, reportedly covering more than 9,000 sqft in Westlake Village, California. Guitar Center's Westlake Village location features modern showrooms equipped with the latest products for musicians from guitars, amplifiers, percussion instruments and keyboards to live sound, DJ, lighting and recording equipment. The store also provides customers with a vast selection of products and a dedicated staff with unparalleled musical knowledge and experience. Additionally, the Westlake Village store will feature Guitar Center Lessons, an in-house, lesson facility, which will create unrivalled opportunities for Westlake Village musicians of all ages and skill levels. Guitar Center's GC Repairs, an on-site guitar repair and set-up service for stringed instruments and GC Rentals, offering the ability to rent instruments and other gear, are also featured at the new store. Westlake Village customers will also be able to attend free classes every Wednesday and Saturday through Guitar Center Workshops. These classes include introductory instruction on a variety of instruments and Recording Made Easy classes are available for anyone who wants to make the journey into recording their music.

Guitar Center Opens New Instrument and Technology Center in North Kansas City

Guitar Center has announced the opening of a new instrument and technology center covering more than 7,000 sqft in North Kansas City, Missouri. Guitar Center's Kansas City location features modern showrooms equipped with the latest products for musicians from guitars, amplifiers, percussion instruments and keyboards to live sound, DJ, lighting and recording equipment. The store also provides customers with a vast selection of products and a dedicated staff with unparalleled musical knowledge and experience. Additionally, the Kansas City store will feature Guitar Center Lessons, an in-house, lesson facility, which will create unrivalled opportunities for Kansas City musicians of all ages and skill levels.

Guitar Center Opens New Retail Location in Columbia, South Carolina

Guitar Center has announced the opening of a new store a musical instrument and technology center covering 12,000sqft in Columbia, South Carolina. Guitar Center's Columbia location features modern showrooms equipped with the latest products for musicians from guitars, amplifiers, percussion instruments and keyboards to live sound, DJ, lighting and recording equipment. The store also provides customers with a vast selection of products and a dedicated staff with unparalleled musical knowledge and experience. Additionally, the Columbia store features Guitar Center Lessons, an in-house, lesson facility, which will create unrivalled opportunities for Columbia's musicians of all ages and skill levels. Guitar Center Lessons provides music lessons from beginner to advanced featuring certified instructors teaching world-class curriculum as well as one-on-one and group courses. Guitar Center's GC Repairs, an on-site guitar repair and set-up service for stringed instruments and GC Rentals, offering the ability to rent instruments and other gear, are also featured at the new store.

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Recent Private Companies Transactions

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Guitar Center, Inc., Existing Card Program Assets
 

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