Point S tire dealers who are members of Tire Factory Inc. have voted to establish "essential store standards" throughout the member-owned cooperative.
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.
The same day Tire Factory Inc. took possession of a warehouse in Memphis, Tenn. — its first in the eastern half of the U.S. — CEO Walter Lybeck says the tire cooperative already had “20 store leads” it was actively pursuing. “And that number is growing quickly."
Tire Factory Inc. and Point S USA are making a big move to expand their network of tire dealers into the eastern half of the country. The company is partnering with Nussbaum Distributing Inc. in Memphis, Tenn., to distribute tires to four states.
Ron's Tire Inc. opened a new store in Idaho Falls, Idaho, and its inventory features much more than tires. Motorcycles, bicycles, power equipment, grills and even barbecue sauce are sold here. The sales staff is cross trained to sell every product under the roof.
Here’s the first hint that the newest tire store Ron Baxter and Ross Baxter are opening in Idaho Falls, Idaho, isn’t a typical retail store: the size. It’s 37,000 square feet.
Tire Factory Inc. members have rebranded the vast majority of their 206 stores to the Point S banner at a breakneck pace. And leaders of the Oregon-based cooperative are unveiling new programs with two big hopes: the momentum of current members continues, and more independent tire dealers join their network.
Point S tire dealers in North America are stocking the company's first Point S-branded tire, the Winterstar ST.
Point S Canada held its first annual congress June 1-2, 2016, and celebrated the growth of Point S Development in North America. The company says it is ahead of schedule in introducing the brand in both Canada and the U.S.
Almost 60 years after the first L.P. Anderson tire store opened in Billings, Mont., the family-run business has opened its second location. The owners have invested $2.5 million to make the new L.P. Anderson Point S Tire and Auto Service a reality.
Walter Lybeck sees plenty of growth potential for Tire Factory Inc. And after a couple weeks as the cooperative’s permanent CEO, he outlined his strategy to pursue that growth during an interview with Modern Tire Dealer.
Walter Lybeck, the chief financial officer of Tire Factory Inc. who has served as the cooperative's interim CEO since August 2015, has been named the permanent CEO.
Nine months after Tire Factory Inc.’s former CEO announced its members would join Point S and rebrand their stores, Tire Factory dealers gathered for their annual meeting in Portland, Ore. It was the first comprehensive gathering of members since the May 2015 announcement.