Retail

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Tire Discounters Continues to Expand

Recent Acquisitions Give Dealership More Than 170 Locations

Cincinnati, Ohio-based Tire Discounters Inc. has acquired Virginia-based Thompson Tire. The deal, which involves seven retail stores and a commercial tire center, gives Tire Discounters 12 outlets in Virginia and more than 170 total locations.


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Investors Acquire Stake in Unimax

National Bank Investments Inc. has acquired a 30% stake in Unimax Ltd., the company that manages several retail tire and automotive banners in Canada, including Point S. The deal has led to Unimax buying all shares of Distribution Stox Inc., its distributor.


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Sullivan Tire Acquires C&R Tire

Sullivan Tire Co. Inc. has acquired C&R Tire, a two-store business with locations in Worcester and Sturbridge, Mass. The acquisition gives Sullivan Tire 77 retail locations throughout New England.


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Kenda Chairman Discusses Demand, Shipping and Tariffs

Yang Expects Double-Digit Growth in 2022

Jimmy Yang, chairman of Kenda Rubber Industrial Co. Ltd., recently sat down with MTD to discuss Kenda's growth, how the company is working around the ongoing shipping crisis, steps it has taken to mitigate the impact of tariffs and his thoughts on tire demand as 2022 continues.


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