News

Pep Boys to consider sale, merger options

The board of directors for Pep Boys — Manny, Moe & Jack says it will consider a possible sale, merger or other business transaction while conducting a review of "strategic alternatives to enhance shareholder value."

News

Pep Boys names Hertz veteran new CEO

The Pep Boys – Manny, Moe & Jack has a new CEO. Scott Sider, who most recently served as group president of Hertz Corp.'s Rent a Car Americas division, has been appointed CEO and a member of the Pep Boys board of directors.

News

Pep Boys avoids fight with biggest shareholder

The largest shareholder of Pep Boys – Manny, Moe & Jack has won a fight to add three members to the company’s board of directors following a months-long, back-and-forth contest between the two parties. The settlement avoids competing slates of board candidates at Pep Boys’ annual shareholder meeting in July.

News

LogicSource partners with Pep Boys

LogicSource, a sourcing and procurement services firm, has signed a multi-year partnership with the Pep Boys-Manny, Moe & Jack to provide on-site resources and access to shared service subject matter experts.

News

Pep Boys on the ‘Road Ahead’ in Q3 2013

The Pep Boys – Manny, Moe & Jack announced that in the third quarter ended Nov. 2, 2013, the company had net sales of $507 million, a decrease of $2.6 million for the same period last year, and net income of $1 million compared to a net loss of $6.8 million for the third quarter of fiscal 2012.

News

Pep Boys Q4 sales up $25 million

The Pep Boys - Manny, Moe & Jack announced that sales for the 14 weeks ended Feb. 2, 2013 increased by $25.5 million, or 5.1%, to $530.8 million from $505.3 million for the 13 weeks ended Jan. 28, 2012. Excluding the 14th week of Q4 2012, comparable sales decreased 2.6%, consisting of an increase of 3.2% in comparable service revenue and a decrease of 4.1% in comparable merchandise sales.

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