Retail

Tire Factory Opened 20 Point S Locations in the U.S. in 2017

Posted on February 7, 2018

In addition to working on the eastern expansion of the Point S brand in the U.S., Tire Factory Inc. has continued to build up the foundation of its cooperative in western states, adding 20 locations in 11 states in 2017.

Clint Young, director of sales and business development for Point S in the U.S., says, “The number of new stores joining in 2017 is very exciting and speaks to the power of Point S. New Point S locations and existing members all made a powerful decision to join a group that exists to protect their independence, but our offerings also improve their ability to serve their customers and connect with new ones.

“Our programs bring value to the independent tire storeowner. Point S Tire allows owners to stay competitive in the consolidating tire industry yet keep what they value – their independence.”

The cooperative, with more than 200 stores and retail sales of more than $300 million, is in the midst of opening a warehouse in Memphis, Tenn., which it expects will help it expand and attract more members in the coming years. Cooperative members receive volume bonus benefits and profits.

CEO Walter Lybeck says, "Helping independent dealers win today and plan for their future is what makes our offering so compelling. These new locations will see the benefit and power of what coming together can do for them and what the power of the Point S brand will do to help their success.”

Here's a rundown of the geography of the new locations:

Alaska: Fairbanks

California: Eureka and Redding

Colorado: Durango

Idaho: Idaho Falls, Montpelier and Buhl

Nevada: Winnemucca

New Mexico: Farmington and Kirtland

Oklahoma; Haskell and Stillwater

Oregon: Vale, Junction City and Clackamas

Utah: Duchesne and Salt Lake City

Washington: Royal City and Port Orchard

Wyoming: Buffalo

The cooperative will host its annual owners meeting Feb. 22-25, 2018, in Hollywood, Calif., and will "celebrate our new members and share in business updates across our entire operation.”

The U.S. arm of Point S is part of a global network with 3,500 branded locations in 32 countries. By 2020, Point S expects to be the third-largest independent retail tire chain in North America.

Fabien Bouquet, CEO of Point S International office says, “North America is a strategic growth area for us, and this exciting activity demonstrates the ability of our member counties like Point S to accomplish this goal. Close to 200 new retail locations have joined our International network this year.”

For more information visit www.joinpointstire.com or www.pointstire.com.

Related Topics: Clint Young, Fabien Bouquet, new stores, Point S, Tire Factory, Walter Lybeck

Comments ( 0 )
More Stories
Hiring a third party to come in and mystery shop your stores, both in person and via telephone, will help you see what you can’t see.
Article 71% of Employees are Disengaged: So What Makes You Think Yours are Not?

Do you see what I see? Of course not! If you could see through your customers’ eyes, they would tell you how well, or how poorly, your employees engage customers. It’s not that easy to track, however.

In addition to warning its employees on the dangers of texting and driving, Ramona Tire promotes that message to the public with its “Please make it home safe today” digital billboard on I-215 west of Hemet, Calif. (see sidebar).
Article How Is the ‘Health’ of Your Business Insurance Coverage?

Many of us make it a point to see our doctor for regular checkups. Doing so gives the physician the opportunity to assess the current condition of our health, and gives us a chance to ask questions about medical issues or concerns. A thorough exam can help to diagnose early symptoms and gives the doctor an opportunity to offer recommendations and advice for a healthier lifestyle.

The new G-Max RS is the General brand's first UHP summer tire. The company says its Smart Technologies offer impressive performance in dry and wet conditions while visual alerts provide driving confidence.
Product New G-Max RS UHP Summer Tire Rounds Out General Line

The new G-Max RS is the first General brand tire designed for the ultra-high performance summer tire segment.

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!