You may have not seen it in the news yet, but Guitar Center is rumored to be filling for Bankruptcy.

Its dark times in the world economy right now, with faction divided nations arguing over bipartisan subtleties, many brick and mortar businesses are going under, and now we can add Guitar World to that list if my sources are correct.

Watch for a Clearance Sale from a Major Guitar Retailer

I was sourcing this article I realized MSN beat me by about 5 hours, so you can read about the details of the creditors and board members prepping for bankruptcy.

https://www.msn.com/en-us/money/companies/guitar-center-to-prep-bankruptcy-with-creditor-support/ar-BB1aZnDI?MvBriefArticleId=24079

If this happens, I am assuming we could be looking at blowout clearance sales and that is the main reason I brought this all up, is to keep your eyes tuned for great deals for your holiday shopping etc... With all the mask mandates and insanity in the world, its much easier to order online.

Restructuring Deal already in Progress

https://www.foxbusiness.com/markets/guitar-center-enters-restructuring-deal-to-cut-debt-by-800m