Music Trades Presents First Ever Sales Ranking Of Online Retailers In 1995, the internet's debut year, only a tiny group of tech-savvy geeks managed to find their way online. By the end of last year, thanks to faster computers, the expansion of broadband, and the rising popularity of smartphones, no less than 80% of the U.S. population said they "regularly" ventured online. The transformative impact of... READ MORE Ranking The Top 200 Retailers Of 2009 It's hardly news that 2009 was an immensely challenging year for everyone in the music products industry. The Top 200 music products retailers posted their worst showing since The Music Trades began compiling the list in 1993, with only 51 retailers posting a sales gain; 145 reported declines and four reported no change. Given the innate human... READ MORE Thomas Succeeds Retiring Mendello As Fender CEO Architect Of Guitar Center’s Expansion Takes The Reins From The Architect Of Fender’s Successful Turnaround Larry Thomas, one of the principal architects of Guitar Center’s national expansion, has been named CEO of Fender Musical Instruments, succeeding retiring chairman and CEO, Bill Mendello. Thomas’s appointment is the culmination of a year-long corporate succession plan that began shortly after he joined the Fender board of directors in 2009. Mark... READ MORE Quarterly Sales Report: Trends Improve But Customers Remain Tentative This year continues to be a bumpy one for music retailers as the nation’s economy proceeds with its herky-jerky, high-unemployment recovery. Retailers reporting to the The Music Trades’ second quarter retail report indicated that they are continuing to slog through a difficult year. For the three-month period ending June 30, music... READ MORE
Great Show! Weak Show!
Assessments of NAMM’s Summer Show varied dramatically from exhibitor to exhibitor.
NAMM’s Summer Show in Nashville was a great launching pad for new products, and a superlative venue where retailers and suppliers could strengthen their working relationships. It was also a disappointing, sparsely attended affair that failed to deliver meaningful results. Depending on whom you ask, both characterizations of the... READ MORE
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