Last month I saw
this article about layoffs coming at their big KC warehouse.
Today on an other forum someone in KC says it was announced on the radio this morning that the whole distribution center is closing and operations will be handled out of Seattle.
The KC center was just expanded a couple of years ago to handle all distribution for MF, Guitar Center.com, Music123 and Guitar Center's other "mail order" companies. I don't know if GC's retail stores were supplied from there, but earlier this year Moody's listed Guitar Center on their "Bottom Rung" list of companies likely to default during the recession.
Doesn't look good.