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Article: Discount Tire again on top, based on store openings, sales.(News)
- Article from:
- Tire Business
- Article date:
- October 26, 2009
CopyrightCOPYRIGHT 2009 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Bruce Davis
Mergers, acquisitions, bankruptcies and good ol' fashioned organic growth punctuated an active year in the North American tire retailing arena.
Acquisitions accounted for a measurable amount of shuffling in the retailer ranking this year, headed by Monro Muffler Brake Inc. and Mavis Discount Tire, which advanced to No. 4 and No. 9 after adding 88 and 56 company-owned stores, respectively, via buyouts.
Monro carried out three separate dealsfor Autotire Car Care Center in May and Tire Warehouse Central Inc. and Midwest Tire in October. That boosted its network of tire-based stores to 230 spread across 18 states from the ...