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Distribution: Michelin and SCOA Form NTW Tire Wholesale Venture

Distribution: Michelin and SCOA Form NTW Tire Wholesale Venture

What spurred Michelin North America Inc. to buy 50% of TBC Corp. from Sumitomo Corporation of Americas (SCOA)? Michelin Chairman and President Scott Clark says the resulting joint venture “is about increasing our service capabilities and increasing our scale so that we can be a better supplier to both independent dealers and to provide secondary supply to our direct customers.”
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Internet vs. Brick-and-Mortar

Internet vs. Brick-and-Mortar

Selling tires online is a growing trend, with more online-only players making names for themselves each year. The relative newcomers compete against not only brick-and-mortar retailers, but also each other, and cannibalize sales from leading online tire companies like the Tire Rack Inc. and Discount Tire Direct.
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