According to K J, Bull Moose Music is now owned by its employees.
For more than three decades, Bull Moose Music has been Northern New England’s go-to music store. In addition to CDs, the store sells movies, video games, pop culture items, and more.
The chain has 11 stores in Maine and New Hampshire. These stores employ around 150 people.
Brett Wickard, the chain’s founder, will remain interim CEO during the transition. Wickard opened the first Bull Moose store in Brunswick in 1989. At the time, he was a junior at Bowdoin College.
It appears that the news was given to the employees last night. All store locations were closed at 6 p.m. yesterday for a company-wide meeting.
In recent years, the chain has undergone some changes. Many of them were brought on by changing consumer trends, such as an increase in online shopping.
However, some of them were caused by the pandemic. For example, in 2020, stores closed its Portland location. The reason given was an expiring lease and little foot traffic near this location.
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