Sam Ash, the family-owned music equipment chain, has announced “with a heavy heart” that it will close all remaining stores.
Since the rise of online shopping began to dominate musical instrument sales, Sam Ash has faced many challenges: 18 stores closed in March and a spokesperson said “the company must continue to adapt to ensure its continued success.” Now, they have announced that they will permanently disconnect it.
“It is with a heavy heart that we announce that all Sam Ash Music stores will begin store closing sales today…” reads the company's statement posted on its various social media accounts. “Thank you for allowing us to serve musicians like you for 100 years.”
As a result of the closure, they are also offering huge discounts. “This unfortunate news also presents a fantastic opportunity to score great deals on our premium selection of musical instruments and professional sound equipment,” their post reads. “We will also offer special offers on SamAsh.com during this time.”
The chain's origins date back 100 years, when Sam Ashkynase and his wife Rose opened the first store in 1924 after immigrating to Brooklyn from Austria. Ash, a violin teacher, expanded the business in 1944; His children Jerry, Paul and Marcia actively expanded Sam Ash into a well-known chain to this day.
The closure comes days after Guitar Center CEO Gabe Dalport revealed plans to prioritize “premium products” over items like “$300 guitars and $300 digital drums.” market research IBISWorld sees a sharp drop in revenue for musical instrument equipment stores in 2020, and despite an initial post-pandemic sales surge, revenue has fallen 2.9% over the past five years.
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