Les Schwab Tire Centers Inc. is for sale. The Bend, Ore.-based company’s board of directors and its shareholders, who are all relatives of founder Les Schwab, have hired Goldman Sachs Group Inc. to find a buyer.
“We want to build out our channels of distribution,” says Tim Chaney, Toyo Tire U.S.A. Corp’s vice president of marketing.
"Influence the influencers" will be Toyo Tire U.S.A. Corp.'s mantra as it continues to build purchase intent among consumers, Tim Chaney, the company's vice president of marketing, told Modern Tire Dealer during last week's Specialty Equipment Market Association (SEMA) Show.
Did you know Les Schwab died 12 years ago? At the time, Les Schwab Tire Centers Inc. was based in Prineville, Ore., and ran 333 stores.
For 52 years Les Schwab Tire Centers Inc. had an exclusive, multi-state territory with Toyo Tire USA Corp. That deal, which effectively locked out other tire dealers, including online retailers, from selling Toyo-branded products in the northwest corner of the U.S., has come to an end.
After 11 years as the top executive at Les Schwab Tire Centers Inc., Dick Borgman plans to retire June 30. He will be replaced by Jack Cuniff, the company’s chief financial officer since 2008.
I have written in the past about how progressive and tire-dealer-like Costco Wholesale Corp. is. It just doesn't sell tires like a wholesale club, and it even sells online.
Les Schwab Tire Centers Inc. expanded into the Southern California market with the opening of two stores in June 2016. Three more stores are set to open by the end of July.
The maxim “business as usual” has become “business unusual” for the dealers on this year’s MTD 100. They emerged from a global recession to find an increasing threat to their margins: tire pricing on the Web. Their willingness to adapt to change has given them the competitive edge to grow their businesses.
A St. Helens, Ore., Les Schwab Tire Center suffered extensive fire and water damage from a fire that broke out Aug. 24, 2012, during business hours. All customers and employees were safely evacuated and there were no injuries.
Les Schwab Tire Centers plans to expand into Denver, Colo., and central California this year. The 434-store dealership will open five stores in each market.
As the year quickly winds down, I wanted to once again honor the industry people who died over the course of the last 365 days.
Monroe, Ind.-based Best-One Tire & Service tops Modern Tire Dealer's 2010 Top 25 United States Commercial Tire Dealer list with 65 commercial-only outlets, 117 combination commercial-retail outlets and 17 retread plants.
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