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Martin's father purchased a service station, where he worked pumping gas. He moved to Phoenix and became the owner of his own gas station which he named M&M. He then purchased several towing trucks and his business continued to grow. He became involved in other automobile related businesses and started a car auction company.
A dealer auto auction is a specialized form of auction. Millions of vehicles are sold at such dealer auto auctions every year. These auctions are restricted to the general public and only licensed dealers can participate. Prices of vehicles sold at dealer auctions tend to be lower than those advertised on any dealer's lot.
The Scottsdale auction is held each January and is considered the flagship event. The auctions are open to the public with an admission fee. Barrett-Jackson auctions typically feature celebrity owned vehicles or those featured in films, and some vehicles are auctioned to benefit various charities. Automotive memorabilia is also auctioned as well.
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The Art of the Steal: Inside the Sotheby's-Christie's Auction House Scandal. New York: G.P. Putnam's Sons. 2004. ISBN 0-399-15093-5; Taubman, A. Alfred. Threshold Resistance: The Extraordinary Career of a Luxury Retailing Pioneer. ThresholdResistance.com New York: Collins. 2007 ISBN 978-0-06-123537-5
In November 2001, the mall was renamed Phoenix Spectrum Mall, [4] and Grossman Company Properties began a $10 million renovation project. The mall changed its focus to discount stores, starting with the demolition of The Broadway and replacement by Walmart (originally built as a discount store, later expanded into a Supercenter) in 1994. [5]
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