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Pep Boys is an American automotive aftermarket service chain. Originally named Pep Auto Supply, the company was founded in Philadelphia, Pennsylvania, in 1921 by Emanuel "Manny" Rosenfeld, Maurice "Moe" Strauss, W. Graham "Jack" Jackson, and Moe Radavitz.
[13] [14] At the commencement of fiscal 1999, AutoZone made another acquisition by purchasing 100 Express stores from The Pep Boys—Manny, Moe & Jack. [15] The company began a process of internationalization with their first store abroad, which opened in Nuevo Laredo, Mexico. [16] AutoZone closed the 1990s by debuting at the Fortune 500 list ...
In April 1932, Arthur Taubman purchased the Advance Stores from Pep Boys, with two stores in Roanoke, Virginia, and one in Lynchburg, Virginia. [5] Advance premiered on the Fortune 500 list of companies in 2003 at No. 466. [6] In January 2005, Advance was named the “Best Managed Company in America” in the retail sector by Forbes. [7]
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Exterior of an O'Reilly Auto Parts store in Houston in Texas, United States. Interior of an Advance Auto Parts store in Virginia, United States.. An automotive part retailer is a retail business that sells automotive parts and related accessories to both consumers and professional repair shops, through physical stores and websites. [1]
In December 2015, Icahn offered to acquire Pep Boys. [79] He also raised his stake in Cheniere Energy to 13.8%, making him its largest shareholder. [80] In August 2017, Icahn sold the unfinished Fontainebleau Resort Las Vegas for $600 million, more than four times what he paid. [81]
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