Content about Pep Boys

April 15, 2014

Pep Boys is looking to accelerate a range of digital and physical offerings as part of a strategy called, “Road Ahead,” after the omnichannel efforts resulted in 152% growth.

Pep Boys is looking to accelerate a range of digital and physical offerings as part of a strategy called, “Road Ahead,” after the omnichannel efforts resulted in 152% growth.

Pep Boys operates 800 locations in 35 states with 7,500 service bays which differentiates the company from parts-only players such as AutoZone and Advance Auto Parts who perform basic services in their parking lots such as changing batteries or wiper blades.

April 15, 2014

Pep Boys is looking to accelerate a range of digital and physical offerings as part of a strategy called, “Road Ahead,” after the omnichannel efforts resulted in 152% growth.

Pep Boys is looking to accelerate a range of digital and physical offerings as part of a strategy called, “Road Ahead,” after the omnichannel efforts resulted in 152% growth.

Pep Boys operates 800 locations in 35 states with 7,500 service bays which differentiates the company from parts-only players such as AutoZone and Advance Auto Parts who perform basic services in their parking lots such as changing batteries or wiper blades.

December 9, 2013

The Pep Boys is converting 18 recently acquired Service & Tire Centers in Southern California to its new Road Ahead format and preparing for the grand reopening of six supercenters and five Service & Tire Centers in Tampa, Fla.

The Pep Boys is converting 18 recently acquired Service & Tire Centers in Southern California to its new Road Ahead format and preparing for the grand reopening of six supercenters and five Service & Tire Centers in Tampa, Fla.

The company already converted nine Service & Tire Centers to the Road Ahead format this year, and reported that performance at those stores has been ahead of original projections. The company also plans to convert three additional smaller markets (20 supercenters) in the first half of 2014.

September 10, 2013

The Pep Boys are remaining cautiously optimistic that there will be an increase in demand for tires this year, following a comparable store sales decrease of 1.3% for the second quarter ended Aug. 3.

The Pep Boys are remaining cautiously optimistic that there will be an increase in demand for tires this year, following a comparable store sales decrease of 1.3% for the second quarter ended Aug. 3. 

Sales for the quarter increased 0.4% to $527.6 million from $525.7 million for the prior-year quarter. The company’s operating profit for the quarter, adjusted to exclude merger-related costs, was $19.4 million as compared to $15.5 million for the second quarter of fiscal 2012. 

September 10, 2013

The Pep Boys are remaining cautiously optimistic that there will be an increase in demand for tires this year, following a comparable store sales decrease of 1.3% for the second quarter ended Aug. 3.

The Pep Boys are remaining cautiously optimistic that there will be an increase in demand for tires this year, following a comparable store sales decrease of 1.3% for the second quarter ended Aug. 3. 

Sales for the quarter increased 0.4% to $527.6 million from $525.7 million for the prior-year quarter. The company’s operating profit for the quarter, adjusted to exclude merger-related costs, was $19.4 million as compared to $15.5 million for the second quarter of fiscal 2012. 

September 7, 2013

Leading automotive aftermarket service and retail chain the Pep Boys has acquired 17 discount tire centers in Southern California from AKH Company, Inc.

PHILADELPHIA — Leading automotive aftermarket service and retail chain the Pep Boys has acquired 17 discount tire centers in Southern California from AKH Company, Inc.

The tire centers are located throughout the greater Los Angeles market, from Bakersfield to Orange County. They will re-open on September 12 under the Pep Boys banner and provide full-service vehicle maintenance and repair, including brand-name and private-label replacement tires.

September 7, 2013

Leading automotive aftermarket service and retail chain the Pep Boys has acquired 17 discount tire centers in Southern California from AKH Company, Inc.

PHILADELPHIA — Leading automotive aftermarket service and retail chain the Pep Boys has acquired 17 discount tire centers in Southern California from AKH Company, Inc.

The tire centers are located throughout the greater Los Angeles market, from Bakersfield to Orange County. They will re-open on September 12 under the Pep Boys banner and provide full-service vehicle maintenance and repair, including brand-name and private-label replacement tires.

August 13, 2013

Pep Boys, a leading automotive aftermarket service and retail chain, announced the appointment of Jim Flanagan as chief human resources officer, effective August 26.

PHILADELPHIA — Pep Boys, a leading automotive aftermarket service and retail chain, announced the appointment of Jim Flanagan as chief human resources officer, effective August 26. 

August 13, 2013

Pep Boys, a leading automotive aftermarket service and retail chain, announced the appointment of Jim Flanagan as chief human resources officer, effective August 26.

PHILADELPHIA — Pep Boys, a leading automotive aftermarket service and retail chain, announced the appointment of Jim Flanagan as chief human resources officer, effective August 26. 

March 14, 2013

The Pep Boys – Manny, Moe & Jack has announced that Robert Rosenblatt and Andrea Weiss have joined its board of sirectors.

PHILADELPHIA — The Pep Boys – Manny, Moe & Jack has announced that Robert Rosenblatt and Andrea Weiss have joined its board of directors. With these appointments, Pep Boys has increased the current size of its board from seven to nine directors.

March 14, 2013

The Pep Boys – Manny, Moe & Jack has announced that Robert Rosenblatt and Andrea Weiss have joined its board of sirectors.

PHILADELPHIA — The Pep Boys – Manny, Moe & Jack has announced that Robert Rosenblatt and Andrea Weiss have joined its board of directors. With these appointments, Pep Boys has increased the current size of its board from seven to nine directors.

February 14, 2013

The Pep Boys – Manny, Moe & Jack has appointed Chris Adams as SVP store operations.

PHILADELPHIA — The Pep Boys – Manny, Moe & Jack  has appointed Chris Adams as SVP store operations. 

September 5, 2012

Former A.C. Moore CFO, David Stern, will join Pep Boys as EVP, CFO, effective Sept. 10, where he will oversee the finance function, as well as technology and corporate development.

PHILADELPHIA — Former A.C. Moore CFO, David Stern, will join Pep Boys as EVP, CFO, effective Sept. 10, where he will oversee the finance function, as well as technology and corporate development.

August 8, 2012

Pep Boys has been named as the exclusive distributor of Barett Jackson care care products within its new automobile restoration system.

PHILADELPHIA — Pep Boys has been named as the exclusive distributor of Barett Jackson car care products within its new automobile restoration system.

The three-part automobile restoration system – which includes abrasives, paint and car care – is now available in at Pep Boys locations across the country and offers car collectors and enthusiasts an easy, unique way to complete the restoration of car projects from start to finish.

August 8, 2012

Pep Boys has been named as the exclusive distributor of Barett Jackson care care products within its new automobile restoration system.

PHILADELPHIA — Pep Boys has been named as the exclusive distributor of Barett Jackson car care products within its new automobile restoration system.

The three-part automobile restoration system – which includes abrasives, paint and car care – is now available in at Pep Boys locations across the country and offers car collectors and enthusiasts an easy, unique way to complete the restoration of car projects from start to finish.

August 2, 2012

The Pep Boys – Manny, Moe & Jack have appointed Thomas Carey to the newly created position of SVP, chief customer officer.

PHILADELPHIA — The Pep Boys – Manny, Moe & Jack have appointed Thomas Carey to the newly created position of SVP, chief customer officer. In this new position, Carey will be responsible for guiding the company’s customer experience strategies and tactics, as well as leading the development and execution of its marketing strategies. Carey is expected to start with Pep Boys on Aug. 6.

June 19, 2012

Pep Boys CFO Ray Arthur has resigned from the company in order to pursue another business opportunity, the company announced Monday. Arthur will continue in his duties until June 29.

PHILADELPHIA — Pep Boys CFO Ray Arthur has resigned from the company in order to pursue another business opportunity, the company announced Monday. Arthur will continue in his duties until June 29. The Company has engaged Russell Reynolds to conduct a national search for Arthur’s replacement.

June 19, 2012

Pep Boys CFO Ray Arthur has resigned from the company in order to pursue another business opportunity, the company announced Monday. Arthur will continue in his duties until June 29.

PHILADELPHIA — Pep Boys CFO Ray Arthur has resigned from the company in order to pursue another business opportunity, the company announced Monday. Arthur will continue in his duties until June 29. The Company has engaged Russell Reynolds to conduct a national search for Arthur’s replacement.

June 7, 2012

Comparable sales slipped 2.8% at Pep Boys during the first quarter ended April 28, as customers were slow to come to the retailer for parts and services.

PHILADELPHIA — Comparable sales slipped 2.8% at Pep Boys during the first quarter ended April 28, as customers were slow to come to the retailer for parts and services. The comps decline consisted of a 1.2% comparable-service revenue decrease and a 3.2% comparable-merchandise sales decrease. Total sales for the quarter increased by $11.1 million, or 2.2%, to $524.6 million from $513.5 million for the same period last year.

June 7, 2012

Comparable sales slipped 2.8% at Pep Boys during the first quarter ended April 28, as customers were slow to come to the retailer for parts and services.

PHILADELPHIA — Comparable sales slipped 2.8% at Pep Boys during the first quarter ended April 28, as customers were slow to come to the retailer for parts and services. The comps decline consisted of a 1.2% comparable-service revenue decrease and a 3.2% comparable-merchandise sales decrease. Total sales for the quarter increased by $11.1 million, or 2.2%, to $524.6 million from $513.5 million for the same period last year.

May 30, 2012

Pep Boys has put an end to the proposed merger between itself and investment firm The Gores Group.

PHILADELPHIA — Pep Boys has put an end to the proposed merger between itself and investment firm The Gores Group.

The potential merger was first announced on Jan. 30, and The Gores Group has agreed to pay Pep Boys a fee of $50 million and to reimburse Pep Boys for certain merger-related expenses. The special meeting of Pep Boys’ shareholders, which was scheduled to be held on May 30, has been canceled.

May 30, 2012

Pep Boys has put an end to the proposed merger between itself and investment firm The Gores Group.

PHILADELPHIA — Pep Boys has put an end to the proposed merger between itself and investment firm The Gores Group.

The potential merger was first announced on Jan. 30, and The Gores Group has agreed to pay Pep Boys a fee of $50 million and to reimburse Pep Boys for certain merger-related expenses. The special meeting of Pep Boys’ shareholders, which was scheduled to be held on May 30, has been canceled.

May 1, 2012

Pep Boys has released preliminary financial results for its first quarter ended April 28 and expects sales to be between $524 million and $526 million compared with $513.5 million for the same period last year.

PHILADELPHIA — Pep Boys has released preliminary financial results for its first quarter ended April 28 and expects sales to be between $524 million and $526 million compared with $513.5 million for the same period last year. Net income for the quarter is expected to be between $0 million and $2 million, compared with $12.4 million for the same period last year.
             

May 1, 2012

Pep Boys has released preliminary financial results for its first quarter ended April 28 and expects sales to be between $524 million and $526 million compared with $513.5 million for the same period last year.

PHILADELPHIA — Pep Boys has released preliminary financial results for its first quarter ended April 28 and expects sales to be between $524 million and $526 million compared with $513.5 million for the same period last year. Net income for the quarter is expected to be between $0 million and $2 million, compared with $12.4 million for the same period last year.
             

April 3, 2012

Pep Boys sales were up in the fourth quarter, but were earnings were down on merger costs and other expenses.

PHILADELPHIA — Pep Boys sales were up in the fourth quarter, but were earnings were down on merger costs and other expenses. The company reported that sales for the thirteen weeks ended Jan. 28 increased by $27.9 million, or 5.9%, to $505.3 million from $477.4 million for the thirteen weeks ended Jan. 29, 2011. Comparable sales increased slightly (0.8%) and consisted of a decrease of 0.1% in comparable service revenue and an increase of 1% in comparable merchandise sales.