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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. Pep Boys is headquartered in the Philadelphia suburb of Bala Cynwyd, Pennsylvania.
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]
Also in February 2016, the company acquired Pep Boys. [10] In January 2017, the company acquired Federal-Mogul. [11] In June 2017, the company acquired Precision Auto Care, a chain of over 250 vehicle repair shops. [12] In August 2017, the company sold the property formerly known as the Fontainebleau Resort Las Vegas for $600 million.
Pep Boys Reports Fourth Quarter and Fiscal Year 2012 PHILADELPHIA--(BUSINESS WIRE)-- The Pep Boys - Manny, Moe & Jack (NYSE: "PBY"), the nation's leading automotive aftermarket service and retail ...
About Pep Boys. Since 1921, Pep Boys has been the nation's leading automotive aftermarket chain. With more than 7,000 service bays in more than 700 locations in 35 states and Puerto Rico, Pep Boys ...
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[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 ...
Michael R. Odell was the chief executive officer at Pep Boys from September 22, 2008, until September 26, 2014, and its president from 2008 until 2014. He was an interim chief executive officer at Pep Boys from April 23, 2008, to September 2008 and its executive vice president and chief operating officer from September 17, 2007, to April 2008.