Article

New Employees Should Master One Task at a Time

Training someone to work in a tire store is like teaching algebra — the student has to know the basics first. Muscle memory helps in math, and it can help a new employee learn the ropes without taking shortcuts.

Article

Reduced Levels of Cash Flow From Tax Refunds Inhibit Big Ticket Purchases

Recent conversations with dealers leave us with a view that retail sell-out continues to trend positively as retail conditions remain healthy and volumes improved over the prior year’s period (8th straight month).  From a volume standpoint, surveyed dealers relayed they saw unit sales volumes improve modestly (~1.1%) compared to the same period last year.

Article

Consumers May be Experiencing Sticker Shock Following Price Increases

Recent conversations with dealers leave us with a view that retail sell-out remains healthy and trends continue to remain on the positive side of the ledger. From a volume standpoint, surveyed dealers relayed they saw unit sales volumes improve in the low-single-digit range compared to the same period last year and were up roughly 1% for the first quarter as a whole.

Article

The Influence of Amazon: Tire Tiers, Tire Brands and Tire Prices

It’s been a year since Amazon.com Inc. added tire installation to the check-out process for tire-buying consumers. Since then, it’s partnered with three retailers to build a nationwide network of installation options: Monro Inc., Pep Boys — Manny, Moe & Jack, and Sears Auto Centers.

News

Monro Gains Access to Another $150 Million

The $600 million credit line Monro Inc. has with eight banks has been amended, and it gives the tire dealer and auto service provider access to an additional $150 million.  

Be the First to Know

Get the latest news and most popular articles from MTD delivered straight to your inbox. Stay on top of the tire industry and don't miss a thing!