Liquidation sales continue at Sam Ash, which fild for Chapter 11 bankruptcy on May 8.
“Unfortunately, in today’s post-COVID environment, the challenges to our brick-and-mortar business have necessitated a restructuring,” Sam Ash CEO and grandson of the founders David Ash said in a written statement. “We are exploring a number of strategic options in conjunction with these inventory sales. Stay tuned.”
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On May 2, Sam Ash posted the following on Faceboook:
It is with a heavy heart that we announce that all Sam Ash Music store locations will begin store closing sales today. This unfortunate news also presents a fantastic opportunity for great deals across our premium selection of musical instruments & pro sound equipment. We will also be offering specials on samash.com during this time. Thank you for allowing us to serve musicians like you for 100 years.
With much love and deep gratitude
The Ash Family
Sam Ash Music Corp. has long been the second largest MI retail chain in America, behind Guitar Center. In our most recent “America’s Top Music Chains” report from December, 2023, Sam Ash was believed to have 44 retail outlets in operation. In September of last year, longtime COO Sammy Ash passed away.
2024 marks the 100th anniversary of the storied MI institution.
