#17: Guitar Center
Guitar Center has to be one of the most chaotic businesses in existence. Yes, they’re still in business. No, we didn’t know that either! It feels like Guitar Center has been on the brink of collapse since it opened back in 1959. It’s not just us. A former employee expressed their disbelief that the place was still in business.
This storyteller worked at Guitar Center for 13 years. He felt like they were going out of business the whole time. Nevertheless, he held on for over a decade, and the other shoe never dropped. Guitar Center even filed for bankruptcy in 2020. In a wild twist of events, information leaked that the company was going to go public on the stock market only a year later, in 2021. What is going on at this place?