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In 2022, American Tire Distributors sold their Canadian operations (National Tire Distributors) to Groupe Touchette. [15] In October 2024, ATD filed for Chapter 11 bankruptcy protection for the second time, listing assets and liabilities between $1 billion and $10 billion. The company plans to sell itself to new owners in efforts to eliminate debt.
It sells performance auto parts, aftermarket accessories, tools, and race apparel. JEGS was founded by Jeg Coughlin Sr. in 1960 as a small speed shop. [1] Jeg's remained family owned and operated until 2022 when a majority stake of the company was purchased by Greenbriar Equity Group .
Discount Tire Company was founded by Bruce Halle as a tire shop in 1960, in Ann Arbor, Michigan. Halle had taken out a $400 loan to open the store, originally having six tires from a previous failed automotive supply company. In 1970, the company expanded to Arizona, with its headquarters being built in Scottsdale, Arizona. The company grew to ...
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Les Schwab Tires entered the Denver metropolitan area with five stores in October 2012, the first in Colorado, bringing the total number of company owned stores to 374. [9] The company does more than $1.6 billion in sales each year, [ 8 ] and is the second largest independent tire retailer in the United States .
By 2005, Tire Rack had grown into a nationwide company that distributes more than 2 million tires annually. [4] The company now offers 24 tire brands and has ten warehouses in nine states. [3] [5] Customers who pick up orders from a warehouse location are offered a discount. After 26 years of being a privately-owned family company, Los Angeles ...
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