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The difference is the ownership of the "Gallery." If it is a Steinway franchised ownership, the store may very well cary other brands. If the "Gallery" is owned by S&S-NY, they will stock only Steinway brand products. Sherman Clay is selling some of their stores to S&S-NY and closing others.


Marty in Minnesota

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Well, it's official, even the Roseville store which was profitable is being sold. Sad times indeed.

http://www.shermanclay.com/images/email/130401/130401-email-sc.html

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Originally Posted by Steve Cohen
Originally Posted by beethoven986
Originally Posted by Steve Cohen
I've been told that one or more Sherman Clay locations will become Steinway-owned Steinway Galleries.


When this happened in Chicago, the level of service went up several notches.


Steinway runs a class operation.

They can afford to!!


As I am sure many other dealers can attest, strong competitors are actually a benefit to the market. Personally, I look forward to a strong presence from Steinway in the Bay Area and hopefully they will do their share in promoting the benefits of playing piano. When a dealer rests on their laurels, and does little to promote or support music, the market for instruments dwindles.

No single store can entirely support a market. Since the late 1970's my store has always done significantly better when we have strong competitors, who join us in supporting the various musical entities and private music groups that comprise our market. Hopefully, the presence of a Steinway factory store will improve the piano market in the Bay Area.


Russell I. Kassman
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Just to clarify, I am not salesman for Sherman Clay, I was offered a Steinway at a discount, which normally no discount was offered. Steinway is out of what I want to spend and we ended up getting a RX5 at an excellent price at a dealer locally.

Sherman Clay is not rebranding their stores to Steinway, Steinway will open two Steinway Gallery in the Bay Area, San Francisco and Walnut Creek. Sherman Clay is liquidating their inventory and they will be closed forever!

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Originally Posted by ec168
Just to clarify, I was offered a Steinway at a discount, which normally no discount was offered.


While it is true that in the 1990's, Sherman Clay readily informed customers that they could only purchase a Steinway by joining a "waiting list," that has not been the case in recent years. Mutual customers routinely have informed me of "special offers" that they have been given, and their email blasts since 2009 have reflected many "once in a lifetime" opportunities to purchase Steinways at a "less than retail" price.


Russell I. Kassman
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Originally Posted by ec168
Sherman Clay is liquidating their inventory and they will be closed forever!


No, they are retaining stores in Seattle and Houston.


Russell I. Kassman
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Originally Posted by master88er
Originally Posted by ec168
Sherman Clay is liquidating their inventory and they will be closed forever!


No, they are retaining stores in Seattle and Houston.


Yeah. Sure.


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Originally Posted by Plowboy
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Sherman Clay & Company announced this week the sale of its stores to Steinway & Sons, a high-end New York piano dealer...


So much for accuracy in reporting.

This seems to be the way of the future, Steinway being sold through Steinway Galleries.


Sounds pretty accurate to me and a good reflection of where the market is moving for the brand leaders.

After all, Apple Computer is also a Cupertino-based, high-end retailer.

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