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On November 14, 2024, Advance Auto Parts announced plans to close 523 corporate stores, 204 independently-owned locations, and four distribution centers by the middle of 2025. It also flagged that it will reduce its headcount, but did not provide details. The overhaul is expected to cost the company between $350 million and $750 million. [36] [37]
National Tire and Battery (NTB) is an American brand of auto service centers.It was formerly owned by Sears until it was spun-off in 2003. In 2020, Mavis Tire Supply Co. bought 112 NTB Tire & Service Centers, leaving the parent TBC Corporation with 615 locations under the Tire Kingdom and NTB brands.
Later that year, Monro bought five Rice Tire locations and rebranded them as Mr. Tire Auto Service Centers. Monro now operates 132 Mr. Tire outlets. In 2006, Monro obtained 75 ProCare shops from bankruptcy, converting 44 to Monro Muffler Brake & Service centers and 31 to Mr. Tire outlets; the shops had previously been owned by Standard Oil of ...
By this time, Express Oil Change operated 172 company- and franchise-owned locations across 10 states. [6] In 2013, as Express Oil Change had expanded to nearly 200 locations across 13 states, Carousel Capital reacquired the company from Thompson Street. [7] Expresst acquired Birmingham-based Tire Engineers, a company with seven locations. [8]
Over 60 years, JEGS has expanded to include a 250,000-square-foot (23,000 m 2) warehouse, two mail order locations, retail store & Team JEGS Race Team. The company has approximately 350 employees. The company has approximately 350 employees.
Midas is one of the world's largest providers of automotive services, offering brake, maintenance, tires, exhaust, steering and suspension services at more than 2,100 franchised, licensed and company-owned Midas shops in 13 countries, including nearly 1,300 in the United States of America and Canada.
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