All 109 PepBoys Auto Parts stores in California are closing and being leased to Advanced Auto Parts by the end of this year. PepBoys will keep the service side of the business.
Bridgestone wanted to buy out Pep Boys and add to their Firestone company stores. Carl Icahn(who also owns Driv Automotive, formed by the merger of Tenneco and Federal-Mogul Motorparts’ Wagner/Moog/National/Champion brands) put the kibosh on that and set the wheels for Pep Boy’s current form.The business news from, say, 3 years ago mentioned Pep Boys wanting to sell or rebrand their service section.
Looks like that happened but in a different order.
I used to get mailings twice a year which included a $5 coupon and other discount coupons for service.
I had to hunt to find anything which, even with a fiver off, was worth buying.
Pep Boys always seemed to me to be a "toy store". Floor mats, cheap radios, steering wheel wrappers....
Carl IcahnBridgestone wanted to buy out Pep Boys and add to their Firestone company stores. Carl Icahn(who also owns Driv Automotive, formed by the merger of Tenneco and Federal-Mogul Motorparts’ Wagner/Moog/National/Champion brands) put the kibosh on that and set the wheels for Pep Boy’s current form.
The Critic mentioned to me that all the former FM brands are starting to limit distribution outside of Pep Boys. I’ve seen more Driv brands on Amazon as well.
I thought there are still some that aren't closing (I heard San Carlos aren't).All 109 PepBoys Auto Parts stores in California are closing and being leased to Advanced Auto Parts by the end of this year. PepBoys will keep the service side of the business.
The info I received was all retail stores will close and be leased and converted to Advanced Auto, with the service center portion remaining PepBoysI thought there are still some that aren't closing (I heard San Carlos aren't).
Not at the one in Pleasant Hill close to me. The news says they will keep those in regional markets where they do well. I suspect Pleasant Hill may be one of them.Close-out sales started Monday, 40% off .
So still like 25% higher than walmart.Close-out sales started Monday, 40% off .