MMR is Not Backing Down; We are Doubling Down on Our Commitment to You and the MI Industry
Since 1879, there has been one constant in the Musical Instrument industry: Musical Merchandise Review (MMR). Through depressions, wars, and pandemics past and present, MMR has consistently been published to…
Perception vs. Reality
Here are this week’s major developments related to COVID-19: (Source: City National Rochdale) 31 states in phase 1 or 2 of reopening – manageable issues so far Job losses still…
GC Skips Bonds Payments
According to an article published by Bloomberg on April 27, Guitar Center, Inc. (GC) is in talks with its creditors after missing payments on two of its bonds. Anonymous sources relayed to…
Trade Regrets: Ray Hennig
On May 2, NAMM‘s Dan Del Fiorentino sent the following message: Ray Hennig the Texas music retailer who sold Stevie Ray Vaughn his first Fender Stratocaster passed away on April…
Hal Leonard Announces Enhanced Program for Retailers to Benefit from Website Sales
The Hal Leonard Shopping Cart program, where consumers shopping on halleonard.com “check out” by selecting a retailer of their choice, has transferred millions of dollars a year in sales to…
Trade Regrets: Joe Keith
On April 30 we received the following from NAMM‘s Dan Del Fiorentino: Long time music retailer and RPMDA past president Joe Keith passed away yesterday. Joe felt that the…
NEW NAMM U Webinar – COVID Retail Recovery: How to Reopen for Business
Following up on his popular NAMM U webinar, Bob Phibbs (a.k.a., “The Retail Doctor”) returns on Thursday, May 7 for an online session about reopening a music retail business in the “new normal.” He’ll…
Locked Down: MI Retail Response to COVID-19
For those problems without an immediate solution, what does one do? You try your best and evolve as developments unfold. For those in MI – as in virtually every industry…
Apocalypse Wow
Image by Miroslava Chrienova from Pixabay By the time you read this, the coronavirus outbreak may or may not be peaking. What is for sure is that this bio-nightmare has…
Well Enough Alone
Image by cromaconceptovisual from Pixabay It seems silly, pointless, even irresponsible to write this month’s editorial about anything other than COVID-19, but at the same time, what can I add…
Shure Names Knappe Associate VP
Shure Incorporated has announced that Mike Knappe has joined the Company as Associate Vice President of Musician and Consumer Audio Product Development. He will be responsible for all listening products…
The UnPerfect Triad During the COVID-19 Pandemic
If you have read any of my past columns you’ve recognized that I’m quite committed to keeping the spotlight on intangible assets, which invariably govern the true value of your…