TBC Corp. plans to end 2003 with 590 company-owned outlets and 580 Big O Tires Inc. franchise stores, with more on the way next year.
TBC expects to add 20 company-owned stores and 25 Big O outlets by Dec. 31, 2004, which will give it 1,215 locations.
"In addition to its internal store development initiatives, (TBC) expects to resume its pursuit of attractive retail acquisition candidates" once the Memphis, Tenn.-based company completely integrates National Tire & Battery, which it recently purchased from Sears, Roebuck & Co., according to TBC officials.
Earlier today, TBC predicted that its net sales for 2004 will fall between $1.7 billion and $1.8 billion.
