Supply Chain Research

Guitar Center has missed an interest payment and may consider a financial restructuring according to press reports. U.S. seaborne imports linked to the musical retailer dropped by 35.4% year over year in Q3’20 like due to reduced demand from students, uncertain consumer incomes and awareness of neighborhood noise during the COVID-19 pandemic. Suppliers of instruments in the U.S. have cut their imports more broadly, including a 46.1% slide in shipments linked to Yamaha. Digital instruments may have done better, though imports linked to Casio and Roland still fell by 17.5% and 5.3% respect...