Brett Ponton has resigned as CEO and president of Monro Inc., and as a result the company's chairman of the board of directors, Robbert Mellor, will take over as interim CEO.
Despite economic pressure, tire dealership mergers and acquisitions will accelerate through the rest of the year. MTD Editor Mike Manges explains why in his latest editorial.
CarAdvise LLC is adding the largest independent tire dealer in the U.S. to its platform of providers for tire and automotive service.
There are many ways to measure your store’s performance, but at the end of the day, most of them hinge on customer satisfaction.
The latest tire shipment forecast from the U.S. Tire Manufacturers Association (USTMA) predicts about 53.3 million fewer tires will be shipped in 2020 than last year due to the economic downturn forced by COVID-19.
Two years after its initial test in Baltimore, Monro Inc. has extended its ability to install tires for Amazon.com shoppers at all of its stores in the U.S.
Sales at Monro Inc. for the first quarter of fiscal year 2021 reflect the effects of COVID-19, with sales in April, May and June dropping 22.1% compared to the previous year. Tires, which account for more than half of the company’s sales, were easily the best performing category, and they were down 14%.
Ground was recently broken on what will be the fifth McMahon’s Best-One Tire location in the Ft. Wayne, Ind., area. The 9,000-square-foot facility is scheduled to open early next year.
After a few tough months, car count has picked up at Omaha, Neb.-based Jensen Tire & Auto. With 21 retail locations, the company is the 54th largest independent tire dealership on this year's MTD 100. In this MTD exclusive, Matt Jensen provides an update on customer demand at his dealership and explains why "cash is king."
The latest market analysis from Sumitomo Rubber North America Inc. shows tire volumes recorded their best month of the year in June, and July is showing even stronger signs of a recovery.