Guitar Center Files for Bankruptcy: Should Real Estate Investors Worry?

Maurie Backman, The Motley Fool
·3-min read

Ever since the coronavirus pandemic began back in March, dozens of big-name retail chains have filed for bankruptcy. Real estate investors may therefore be reeling from the news that Guitar Center, the largest musical instrument retailer in the country, has filed for Chapter 11. The retailer was hurt badly by forced shutdowns earlier on during the coronavirus pandemic.