Guitar Center, Inc.: Company Profile and SWOT Analysis by ICDResearch

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									Guitar Center, Inc.

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Guitar Center, Inc.                                                               Key Employees
                                                                                  Name                       Job Title
Fast Facts
                                       5795 Lindero Canyon Road, Westlake         David Angress
Headquarters Address
                                       Village, 91362, United States of America
                                                                                  Dennis Haffeman
Telephone                              + 1 818 7358800
                                                                                                             Chief Financial Officer,
                                                                                  Erick Mason
Fax                                    + 1 818 7358822                                                       Executive Vice President
                                                                                  Eugene Joly
Website                                www.guitarcenter.com
                                                                                                             Chief Executive Officer,
                                                                                  Gregory Trojan
Ticker Symbol, Stock Exchange          N/A                                                                   President
                                                                                  John Bagan
Number of Employees                    9,540
                                                                                                             Chief Information Officer,
                                                                                  John Zavada
Fiscal Year End                        December                                                              Executive Vice President
                                                                                                             Chief Administrative
Revenue (in US$ million)               2,300.00                                                              Officer, Executive Vice
                                                                                  Leland Smith
                                                                                                             President, General
                                                                                                             Counsel, Secretary
                                                                                                             Chairman, Chief Executive
                                                                                  Marty Albertson
                                                                                                             Officer
                                                                                                             Chief Marketing Officer,
                                                                                  Norman Hajjar
SWOT Analysis                                                                                                Executive Vice President


Strengths                              Weaknesses                                 Company Overview
                                       Overdependence on the US
Association with Bands
                                       Operations                                 Guitar Center, Inc. (Guitar Center) is a retailer of
                                                                                  music instruments and related accessories. It
Broad Range of Products and Services
                                                                                  also engages in recording and creation of music
                                                                                  albums. The company’s product portfolio
Strong Market Presence                                                            includes guitars of various types such as
                                                                                  electric,       acoustic,        acoustic-electric,
Opportunities                          Threats                                    classical/nylon, and bass guitar. It also sells a
                                                                                  broad assortment of bass gears, amplifiers and
Falling Rental Rates                   Growing Competitive Market                 effects, keyboards, drums and Percussion, DJ’s
                                                                                  instruments, books, videos and related
Growth of Web-Based Stores             Increasing Online Theft in the US          accessories. In addition to this, it provides
                                                                                  services including computer software and
Recovering Economy                     Rising Manpower Costs
                                                                                  hardware, CD duplication and distribution
                                                                                  services. The company sells its merchandise
                                                                                  through its wholly owned chain of retail stores,
                                                                                  website and catalogs. Guitar Center operates
                                                                                  more than 210 music stores across 40 states in
                                                                                  the US. The company is headquartered in
                                                                                  Westlake Village, California, the US.

                                                                                  Key Competitors
                                                                                  American Musical Supply, Inc.

                                                                                  Fender Musical Instruments Corporation

                                                                                  Sam Ash Music Corporation

                                                                                  Sweetwater Sound Inc.

                                                                                  The Willis Music Company




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Guitar Center, Inc. - SWOT Profile                                                                                       Page 1
Guitar Center, Inc.

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TABLE OF CONTENTS

1     Business Analysis ................................................................................................................................... 4
    1.1     Company Overview .................................................................................................................................................4
    1.2     Business Description ...............................................................................................................................................4
    1.3     Major Products and Services ...................................................................................................................................5
2     Recent Developments ............................................................................................................................. 6
3     SWOT Analysis ........................................................................................................................................ 7
    3.1     SWOT Analysis - Overview .....................................................................................................................................7
    3.2     Strengths .................................................................................................................................................................7
    3.3     Weaknesses ............................................................................................................................................................7
    3.4     Opportunities ...........................................................................................................................................................7
    3.5     Threats .......................................................
								
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