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Ranking The Leading U.S. Retailers

How demanding buyers and online competition are reshaping retail

Recent headlines depict a bleak future for traditional retail. Bloomberg reports that in the first four months of 2017, there were more store closings than in the full year of 2009 at the height of the financial crisis. These closures... READ MORE



Steinway & Gibson At The White House

Steinway & Sons and Gibson Guitars were featured guests of the White House for a special Made In America Product Showcase. Hosted by none other than President Trump as part of his administration's broader Made In America Week, the July 17 event... READ MORE




The World’s Leading Online Retailers

Sales Online sales continue to outpace industry growth, but how long will it continue?

In more evidence of the changing dynamic of retail, sales growth at the 40 leading online retailers outpaced industry performance. As global sales flatlined in 2016, the top online sellers booked revenues of $3.2 billion, a 6.6% increase over last year’s level of $3.0 billion. Although the 2016 global sales data
... READ MORE


West Music's Robin Walenta New NAMM Chairperson

The NAMM Board of Directors unanimously voted in the next slate of officers at Summer NAMM in Nashville, including Chairperson Robin Walenta, West Music; Vice Chair Chris Martin IV, Martin Guitar; Treasurer Joel Menchey, Menchey Music; and Secretary Tom Sumner, Yamaha Corporation of America. Walenta is president and CEO... READ MORE



Guitar Center Explores Restructuring Debt

Guitar Center is exploring ways to reduce its $1.3 billion debt burden. According to reports in Reuters and the industry publication Debtwire, the retailer has retained Houlihan Lokey, an investment bank specializing in financial restructuring, and legal counsel Milbank Tweed. Concerns among retailers and bondholders... READ MORE



Rain Date For Spicer’s World Record Try

Due to Tropical Storm Cindy, which hit the Gulf Coast in June, Spicer’s Music of Auburn Alabama has rescheduled its attempt at a world record for largest performing rock band. Originally set for Make Music Day, June 21, the event has been moved to August 22. Performing Sister Hazel’s “All For You”—with the band onstage—the crowd at Spicer’s... READ MORE


This Month in Music Trades

August 2017 Issue

The Top 200: Tough Competition And Demanding Buyers Reshape The Retail Landscape
• The Top 200 Music Retailers Ranked By Revenue
• The Top 200 Ranked By Productivity
• The World’s Top Online Retailers
• The Fastest-Growing Retailers: Top performers explain how they overcame a sluggish market to put up stellar results
• Where To Find Them

Report From NAMM In Nashville

Fender’s Ambitious Digital Initiative:
Can a comprehensive online learning system keep beginners playing longer, thereby expanding the guitar market? Fender aims to find out.

Martin Wood Summit Probes Flaws In New Rosewood Regs

The Perils Of Online Fame:
One Retailer’s Experience

Guitar Center Explores Debt Restructuring

Forefront
• Steinway Opens Beijing Flagship Store
• KMC To Distribute Mackie
• Congress Honors Drum Workshop
• Blue Mics Star On HBO’s Silicon Valley
• Reverb Named Top Consumer Website
• Vandoren Hosts Artist Summit
• Samick Chairman New Vienna Ambassador
• Yamaha Celebrates Make Music Day
• Jörg Demus Debuts Neindorf Grand
• Bosch Honors TMP Pro
• Davitt & Hanser Distributes G7th Capo
• Yangtze River Pianos Shine In Competition
• U.S. Dealers Tour Bösendorfer Factory

Retail
• House Of Guitars Honored For Preservation
• Record Turnout At Sweetwater GearFest
• Hawaiian Uke Adds Third Store
• Rick’s Music Takes Part In Make Music Day
• Blues Angel Makes Donation
• Music & Arts Adds New Jersey Location


     
     








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