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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 ...
Discount Tire's anti-marijuana donation spurs calls for boycott. By Yvonne Wingett Sanchez, The Arizona Republic. October 19, 2016. "Discount Tire Co. quietly donated $1 million to the campaign opposing the legalization of marijuana for recreational use, prompting calls for a boycott by some who want the drug legal through Proposition 205. ...
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From November 2011 to December 2012, if you bought shares in companies when Ralph V. Whitworth joined the board, and sold them when he left, you would have a -47.8 percent return on your investment, compared to a 17.3 percent return from the S&P 500.
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.
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