Pep Boys closes in on 7,000 service bays

Bob Ulrich
Posted on July 9, 2011

Manny, Moe and Jack, also known as the Pep Boys, are hunting for tire and service dealerships. And they don't appear to be putting a gun to anyone's head.

In the last two months, Pep Boys has added 91 stores through acquisitions. In May, it purchased New Big 10 Tire Stores Inc. -- the seventh largest independent tire dealer chain in the United States, according to The Modern Tire Dealer 100 list -- and its 83 stores in the Southeast.

In July, the company  purchased seven My Mechanic full-service outlets in the Houston, Texas, area. All seven locations will offer Pep Boys’ full range of automotive maintenance and repair services and brand name tires. "Our third acquisition this year furthers our stated strategy to grow through service and tire centers,” says Pep Boys CEO and President Mike Odell.

So with half a year left, Pep Boys already has met its fiscal year 2011 (ending Jan. 31, 2012) goal of opening 50 service and tire centers (that's how Pep Boys refers to them). They aren't taking the rest of the year off, either.

The new California Tire Dealers Association was one of the guests of honor at a recent event sponsored by Billy Eordekian, president of 1-800EveryRim.com, in Pico Rivera, Calif. (Check out our Facebook page for more information.) Pep Boys representatives were in attendance -- and admittedly looking for acquisition opportunities.

In its fiscal year 2010, Pep Boys opened 28 service and tire centers, which gave the automotive parts chain more than 620 locations (including Pep Boys Supercenters) and 6,200 service bays in 35 states and Puerto Rico. That was up from the previous year. Now it has 721 locations.

It looks like Pep Boys is accelerating its growth curve.

Related Topics: Big 10, Billy Eordekian, Mike Odell, MTD 100, Pep Boys

Bob Ulrich Editor
Comments ( 0 )
More Stories
The Geolandar X-MT will be available in July 2018 in 10 sizes.
News

Yokohama Adds Another MT Tire: the Geolandar X-MT

How hot are mud-terrain tires? So hot that Yokohama Tire Corp. is adding another MT tire to its lineup. The Geolandar X-MT will be the second MT tire addition to the Geolandar family in a year.  

News

Tire Sales Were Down at Monro in Fiscal 2018

New stores provided Monro Inc. with $96.2 million in sales during fiscal year 2018, and they helped the company record a 10% increase in sales for the period that ended March 31, 2018.  

Yokohama will meet with tire dealers across the country during the 2018 ride and drive training program.
News

Yokohama Takes Dealer Training on the Road

Yokohama Tire Corp. is once again taking its dealer training program on the road. The 2018 experiential Ride and Drive Dealer Training Program kicks off with a multi-city tour May 22 in Anaheim, Calif.

The new Monroe ads will run in a broad range of automotive service industry publications and reach thousands of additional industry professionals.
News

Tenneco Ad Campaign Touts Advantages of Monroe Products

Tenneco Inc. has launched an extensive print and digital advertising campaign called “If It Doesn’t Say Monroe” which highlights the quality, performance and value benefits of the Monroe brand of ride control products.

Be the First to Know

Get the latest news and most popular articles from MTD delivered straight to your inbox. Stay on top of the tire industry and don't miss a thing!