Pep Boys 1H Sales Up, Net Off
Pep Boys’ first half 2014 sales edged up slightly compared to the year prior, even as net earnings fell year-over-year. For the period, Pep Boys reported first half sales of $1.065 billion, up 0.1% from $1.064 for the same period last year. Overall comparable store sales feel 1.6%, but comp service sales rose 4.3% for
Pep Boys Sales, Earnings Fall, But New Stores Coming
Pep Boys saw fiscal 2013 sales fall $24.1 million and net profit drop by nearly half from its fiscal 2012, according to the company’s annual report. But even as comparable store sales were off 1.3% year-over-year, the retail parts/accessories/tires/service company announced plans to add new 30 Pep Boys Service & Tire Centers during fiscal 2014.
Pep Boys Reports Growth In Service
The Pep Boys announced its fiscal year 2013 results, which ended Feb. 1, with Pep Boy President Mike Odell reporting a growth in service. “Our service business continues to grow,” said Mike Odell, Pep Boys president and CEO. “On a comparable store basis, customer count, maintenance and repair sales and tire units all grew quarter
Pep Boys Appoints New Vice President
Philadelphia-based Pep Boys has appointed John J. Kelly senior vice president and chief merchandising officer. According to the company, Kelly will be responsible for all aspects of Pep Boys’ merchandising operations, including supply chain and visual presentation. He is expected to start March 3. Kelly brings more than 30 years of merchandising experience in both
Pep Boys Improves its SoCal Position
Pep Boys has acquired 17 Southern California tires stores from AKH Co. Inc. AKH owns and operates Discount Tire Centers in California, and prior to the sale held 55 retail locations. It is not to be confused with Discount Tire Co., based in Scottsdale, Ariz., which owns and operates more than 800 retail stores across
Tires Stolen from Florida Pep Boys
Police are investigating the theft of 50 tires from a Pep Boys auto store in Panama City Beach, Fla., on Sunday. The roughly $6,000 in tires were stolen from the back of the store between 10:44 and 11:11 p.m., according to local reports. The two suspects then left the store traveling east in a white
Pep Boys Plans to Expand New Store Concept in Tampa
Building what it sees as success with its all-new retail store concept, Pep Boys plans to open more of the new-look parts and service centers. In its first quarter financial report, CEO Mike Odell stated that the company would expand the concept to other locations in the Tampa area based on what he termed "very
Pep Boys: Sales Up, Earnings Down in 2012
Pep Boys’ sales for fiscal year 2012 increased by $27.1 million, while net earnings were $12.8 million, compared to $28.9 million recorded in fiscal 2011.
New Pep Boys Concept in Tampa Officially Opened
Pep Boys held its official grand opening on March 23 for its “all-new customer experience” model retail store in Tampa.