Instruments retailer Guitar Center just spent $5 million renovating its flagship store and has a plan to retake its place in music. Guitar Center, Once on a Precipice, Is Now Opening New Stores ...

The store was started on Bascom Avenue in 1965 by Bud Eastman, who left a couple of years later to start Guitar Player magazine. He sold it to Wineroth’s older brother, Barry, now 61, for $500.

During the ceremony, Good notes that he met his wife at Guitar Center when she worked there, a reminder of how many musicians’ lives the historic Hollywood store has touched over the years.

TOKYO >> Fender, the guitar of choice for some of the world’s biggest stars, from Jimi Hendrix to Eric Clapton, opened what it calls its “first flagship store” in its 77-year history.