 |
 |
 |
 |
         |
  |
DEC. 16 I MEDLEY MUSIC I CLOSING Medley Music of Bryn Mawr, Pa., will shutter its doors permanently on Dec. 31 after 54 years in business. The full-line dealership is currently throwing a going-out-of-business sale. “The factors that led to the demise of Medley Music are not easily condensed into one neat, easily explained sound byte,” said Gerson Rosenbloom, president of Medley Music and a former NAMM chairman. “Instead, there was a complex series of factors and events that put us where we are now. The Reader’s Digest version is that we fell prey to the concurrence of increased competition, swelling receivables and a nasty economy. One or two were manageable. The trio was our death knell. Beyond that, I guess I’ll have to suggest that people read my book just as soon as I write it!” On the company’s Web site, Rosenbloom also wrote: “We greatly appreciate the extremely kind outpouring of support. It’s gratifying to know the level of esteem that so many of you had for our company.” MI | |
|