Later this year Point S tire dealers near Memphis, Tenn., will have access to a new, larger warehouse which will also serve as the home base for a new regional headquarters for Point S USA.
Point S tire dealers in the U.S. had their best year ever in 2020. They sold 19% more tire units than the previous year and increased their overall sales by 20%. The cooperative added a record number of stores, expanded into five new states and bought its second wholesale operation in two years.
The largest Point S tire dealer in the country is making a giant, cross-country leap, buying 10 Vianor Tire Center locations from Nokian Tyres in the Northeastern U.S.
The 212 stores in Tire Factory Inc.’s network sold 6.5% more tires in 2017 than in 2016, and they increased overall sales by 8%. There was improvement in same-store sales — dealers who have rebranded to the Point S banner increased sales by 5.5%, and those who haven’t were up 3.5%.
