News

Monro Has Bought 35 Tire Stores in the Last 10 Months

The strategy at Monro Inc. is to keep the foot on the gas when it comes to acquisitions. And that's evident already in 2018, with the purchase of three retail stores from Valley Tire Co. Inc. in Pennsylvania, plus an agreement to complete another deal with seven stores before the end of March.  

News

Monro CEO Lays Out 5 Ways to Improve Store Traffic

Brett Ponton, the new CEO and president of Monro Inc., acknowledges store traffic “has been a challenge” in recent years, but he believes there is “real potential to strengthen our in-store execution, and by doing so, drive traffic back into our stores.”  

News

Monro Tops $1 Billion in Sales

Monro Muffler Brake Inc. exceeded $1 billion in sales during its 2017 fiscal year, ended March 25, 2017. Overall sales increased, but Monro's comparable store sales dropped 4.3% for the year.  

News

Monro Scoops Up Clark Tire & Auto, Plus 5 More Tire Dealers

Monro Muffler Brake Inc. has entered into an agreement to purchase all assets of Clark Tire & Auto Inc., based in Hickory, N.C. The deal includes 24 retail stores, two commercial stores, a retread plant, and four wholesale locations.

News

Monro: Comparable Store Tire Sales Down 4% in 3Q

Monro Muffler Brake Inc.'s CEO and president John Van Heel insists there's just one reason for the company's third-quarter sales decline — a mild and slow start to winter. As to suggestions that there's anything else amiss, Van Heel told investors: "Everything else is just noise."

News

Monro to buy Tire Barn Warehouse

Tire Barn Warehouse, headquartered in Anderson, Ind., plans to sell the majority of company assets to Monro Muffler Brake Inc.

News

Monro Muffler Brake buys Cheshire Tire

Monro Muffler Brake Inc. reports it has recently completed the acquisition of the assets of Cheshire Tire Center Inc. in Keene, N.H., which generates net sales of approximately $3 million annually.

Article

Climbing the ladder

Despite operating in the worst economic environment since the Great Depression, the nation’s largest independent tire store chains are holding their own.

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