2008-06-26 23:41:16 - www.companiesandmarkets.com adds new report - Premium Company Profile - Guitar Center, Inc

www.companiesandmarkets.com/Summary-Company-Profile/Premium-Comp ..
Introduction

Guitar Center acquired the assets of Hermes Trading Company, a Texas-based musical instruments retailer and distributor, in May 2006. The acquired assets comprise four retail stores in San Antonio, McAllen, Laredo and Brownsville, which cater primarily to the Hispanic market, thereby strengthening the company´s service to the Hispanic customer base.



Scope

Contains corporate strategy, value chain presence and SWOT Analysis
Provides detailed business

description, segment analysis, 5-year financial trends, key products and key competitors
Includes information on suppliers/ partners, shareholding structure and key employees with biographies


Highlights

Guitar Center is engaged in the retailing of musical instruments such as guitars, amplifiers, percussion instruments, keyboards and pro-audio and recording equipment. It operates 198 guitar center stores in the US. It operates through three business segments: Guitar Center stores, Music & Arts center, and Musician´s Friend/ direct response.



The company plans to increase the range of brands and hard to find new and vintage music products in its Guitar Center stores. In line with this strategy, the company introduced