Ads
related to: discount tire dealers nearby my location
Search results
Results from the WOW.Com Content Network
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.
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 ...
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.
Discover the latest breaking news in the U.S. and around the world — politics, weather, entertainment, lifestyle, finance, sports and much more.
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. [34] [35]
Get the latest news, politics, sports, and weather updates on AOL.com.
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. [ 5 ] Founder Les Schwab died in May 2007, with ownership remaining within the family, [ 2 ] then chairman Phil Wick died in 2010. [ 10 ]
Rating Action: Moody's affirms Dealer Tire's ratings with CFR at B2; outlook revised to stableGlobal Credit Research - 17 Feb 2022New York, February 17, 2022 -- Moody's Investors Service ("Moody's ...
Ads
related to: discount tire dealers nearby my location