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Pep Boys

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38: 251: 263: 1287: 383:, a Los Angeles-based private equity investment company, for $ 15 per share, or approximately $ 1 billion. But four months later, in May 2012, it was announced that the deal had fallen through. In September 2013, Pep Boys acquired 18 Discount Tire Centers in Southern California, enabling the company to boast, "Seventy-five percent of Los Angeles-area residents now live within three miles of Pep Boys." In September 2014, Mike Odell resigned as president and CEO and John Sweetwood became Interim CEO. 1299: 242: 1311: 319:
in 1982. In 1986, Mitch Leibovitz became the first non-founding family member to be named company president. Manny's grandson, Stuart Rosenfeld, Pep Boys' vice president of distribution, is the only founding family member currently in company management. The Strauss and Rosenfeld families continued to control approximately one-fifth of the company's stock until the early 1990s.
307:, Strauss Stores, which later merged with Roth & Schlenger Home and Auto to form R&S Strauss, the predecessor of Strauss Discount Auto, later known as Strauss Auto, which closed its doors on June 4, 2012. The company name's reference to "Jack" remained unchanged. No further changes were made to the logo until 1990, when Manny's cigar was removed. 416:, which owns and operates Pep Boys, announced new fleet-specific Pep Boys Mobile Crew vehicles to provide on-location maintenance and repair. The move adds smaller-format fleet vans to the Pep Boys Mobile Crew equipped with repair supplies and staffed by trained technicians to complete common fleet maintenance and repair needs on-location. 427:
building, but also operates parts inside of Pep Boys locations. As of 2022, all buildings remain branded Pep Boys despite Auto Plus operating inside. Auto Plus is led by President Joe Ferrer. On January 31, 2023, Auto Plus filed for Chapter 11 bankruptcy, and Pep Boys would be spun off by the bankruptcy into its own separate company.
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lay off employees or cut salaries during the Depression. In 1933, Manny's brother, Murray Rosenfeld, opened the first West Coast Pep Boys store as part of a separate company named The Pep Boys - Manny, Moe & Jack of California and managed the Western operations. Within three years, Pep Boys of California had opened 11 stores.
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In 2024, David Willetts was appointed as CEO of Pep Boys, with Scott Collette transitioning to Chief Operating Officer, marking a leadership shift during a period of significant organizational change. As part of its evolving strategy, the company moved away from retail operations to focus exclusively
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The original "Pep Boys" were Emmanuel "Manny" Rosenfeld, Maurice "Moe" Strauss, Graham "Jack" Jackson, and Moe Radavitz, four friends who, in August 1921, chipped in $ 200 apiece to open a single auto parts store. They dubbed it Pep Auto Supply Company after noticing a shipment of Pep Valve grinding
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The name of the company emerged in pieces. "The Pep Boys" came from a policeman who worked near the store: Every time the officer stopped a car for driving without lights during nighttime hours, he would tell the driver, "Go see the boys at Pep" for a replacement oil wick, which was what was used as
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In 1945, Pep Boys went public, and Manny Rosenfeld became the company's first corporate president, a position he held until his death in 1959. Shortly after Manny's death, Moe Strauss took over and served as president from 1960 to 1966 and remained chairman of the board of directors until his death
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struck in 1929, but Manny and Moe had not incurred business debts other than reasonable mortgages on store properties. Pep Boys was thereby insulated from the severe downturn that destroyed so many other businesses. Although unemployment rates reached 40 percent in some areas, Manny and Moe did not
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In January 2017, Pep Boys acquired Just Brakes, a 134-store automotive repair and maintenance chain, which became a wholly owned subsidiary of Pep Boys. In March 2017, Dan A. Ninivaggi, Co-Chief Executive Officer and Co-Chairman of the Board of Directors of Federal-Mogul LLC and Chief Executive
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The company provides name-brand tires, automotive maintenance and repair, and fleet maintenance and repair to customers across the United States. As of 2016, the company operated more than 9,000 service bays in 35 states and Puerto Rico and the Pep Boys Mobile Crew service trailer, which offers
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Beginning in early 2021, Pep Boys began to split parts and service into two separate companies. While service would remain with Pep Boys, parts would be operated by Auto Plus Auto Parts. Each company would operate under separate leadership. Auto Plus operated multiple independent and branded
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A few years later, while on a trip to California, Moe Strauss noticed that many successful West Coast businesses used their owners' first names. One he particularly liked was a dress shop called "Minnie, Maude and Mabel's". As soon as Strauss returned to Philadelphia, the company's name was
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Shortly after, the partners commissioned the Manny, Moe and Jack caricatures that still serve as the company's logo. When Jackson left in 1927, his caricature was replaced with that of Moe's brother, Isadore (Izzy) Strauss. In 1929, Izzy Strauss left to form his own auto supply business in
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In January 2003, Mitch Leibovitz announced his retirement. Larry Stevenson, from the Canadian book retailer Chapters, was named CEO later that year and served until pressured by the company's two largest shareholders to resign in July 2006. In March 2007, Jeffrey C. Rachor was named CEO.
423:. Inspectors from the Alameda County District Attorney's office allegedly found numerous instances of unlawful disposal of hazardous waste by the company, including automotive fluids, batteries, aerosol cans, electronic devices, used oil, and other regulated wastes. 245:
One of the very first Pep Boys ads circa 1923-1924, featuring the original Jack face, which is now no longer used and has been replaced, as well the first appearances of the Manny and Moe faces that are both still on the current logo
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By 1969, the number of Pep Boys stores grew to 1249 Service bays and service managers were added to each store. In the 1970s, all stores had self-serviced merchandising and a computerized inventory system was in use.
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and enjoyed rapid expansion with the introduction of the "supercenter." The store count grew to more than 7009 and the company had more than 3,000 service bays. It generated more than $ 2 billion in annual sales.
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on automotive services, including its locations in Puerto Rico. These decisions were made as Pep Boys faced challenges in the market and sought to realign its business priorities to better serve its customers.
390:'s Rent A Car Americas, became the company's new CEO. In October 2015, Bridgestone Retail Operations, a wholly owned subsidiary of Bridgestone Americas, Inc., agreed to purchase the company for $ 835,000,000. 368:. In May 2011, Pep Boys acquired tire retailer Big 10 Tires. The acquisition gave Pep Boys an additional 84 service and tire centers in Alabama, Florida, and Georgia, including concentrations around 1070: 909: 346:
The following year, Pep Boys Chief Operating Officer Michael "Mike" R. Odell became Interim CEO with the resignation of Jeff Rachor. In September 2008, Odell was named CEO.
879: 753: 405:. In February 2016, Icahn announced that it completed its acquisition of Pep Boys in an all-cash transaction for $ 18.50 per share or approximately $ 1.03 billion. 372:
and Orlando. In June 2011, Pep Boys acquired seven locations from automotive repair company My Mechanic. The acquisition gave Pep Boys additional locations in the
655:"The Pep Boys Tune Up Image by Losing crack pipe: Advertising: The company stubs out the familiar stogie in its logo to coincide with the Great American Smokeout" 2051: 1129:"Pep Boys completes transition to automotive services and strengthens focus on auto repair in Puerto Rico while AutoZone expands retail presence in Puerto Rico" 994: 521: 2056: 1114: 1343: 489: 1367: 1352: 1018: 2061: 917: 419:
In September 2019, Pep Boys agreed to pay $ 3.7 million to settle a lawsuit alleging the company violated California laws by illegally dumping
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In October 2009, Pep Boys acquired tire retailer Florida Tire. The acquisition gave Pep Boys ten service and tire centers in the
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Manny, Moe & Jack". Radavitz had cashed out the previous year and was no longer a partner.
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However, in December 2015, Pep Boys terminated the previously announced acquisition deal with
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In February 2023, Scott Collette was appointed as the new CEO of Pep Boys.
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In the 1990s, growth continued with the opening of stores in Puerto Rico.
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In January 2012, Pep Boys announced that it had agreed to be acquired by
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Officer of Federal-Mogul Motorparts, became the company's new CEO.
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In March 2011, Pep Boys acquired seven stores from tire retailer
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automotive headlights before the switch to electrical headlamps.
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An ad for Pep Boys featuring the current Jack face, for a former
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In the 1980s, came aggressive growth. Pep Boys moved to the
1933: 181: 1258: 995:"Onetime Icahn lawyer is the new boss at Pep Boys' parent" 1985: 1844: 932:"Pep Boys Names Scott P. Sider Chief Executive Officer" 705:"Pep Boys Names Jeffrey C. Rachor President & CEO" 1275: 522:"Icahn Enterprises Completes Acquisition of Pep Boys" 221:, and Moe Radavitz. Pep Boys is headquartered in the 680:"Pep Boys opens outlet on Puerto Rico military base" 855:"Pep Boys buys 7 Houston-area 'My Mechanic' stores" 277:Pep Boys logo from June 6, 2004, to July 22, 2013. 386:In June 2015, Scott P. Sider, group president of 2033: 1368:List of companies based in the Philadelphia area 958:"Bridgestone buying Pep Boys for $ 835 million" 730:"Pep Boys' ex-CEO topped $ 10M in compensation" 2052:Automotive part retailers of the United States 1337: 27:American automotive aftermarket service chain 2057:Automotive repair shops of the United States 804:"Pep Boys buys 7 Big O stores in Washington" 1071:"Auto Plus files for Chapter 11 bankruptcy" 516: 514: 61:Automotive maintenance and repair and tires 1344: 1330: 36: 992: 880:"Pep Boys Shares Dive as Buyout Blows Up" 727: 601: 599: 597: 511: 272: 261: 249: 240: 14: 2062:American companies established in 1921 2034: 594: 490:"The Pep Boys - Manny, Moe & Jack" 1325: 444:National Automotive Parts Association 2067:Retail companies established in 1921 993:DiStefano, Joseph N. (5 June 2017). 571: 569: 567: 295:officially changed to "The Pep Boys 233:automotive maintenance on location. 2087:1921 establishments in Pennsylvania 1154:"Pep Boys CEO out; successor named" 916:. February 14, 2015. Archived from 397:and signed a merger agreement with 24: 1117:(Press release). 8 September 2023. 25: 2098: 2042:Automobile advertising characters 1272: (archived December 11, 1997) 1250: 564: 1480:Other notable Philadelphia-based 1309: 1297: 1285: 281: 197:service chain. Originally named 2082:Companies based in Philadelphia 1735:Susquehanna International Group 1164: 1146: 1121: 1107: 1085: 1063: 1037: 1011: 986: 976:"Pep Boys Acquires Just Brakes" 968: 950: 924: 902: 872: 847: 821: 796: 746: 721: 697: 337: 2072:Male characters in advertising 1353:Philadelphia-area corporations 886:. July 2, 2012. Archived from 779:"Pep Boys to buy Florida Tire" 728:Armstrong, Mike (9 May 2008). 672: 647: 617: 539: 482: 457: 42:Logo used from 2023 to present 13: 1: 2077:2016 mergers and acquisitions 1879:Notable Delaware Valley-based 1799:Notable Delaware Valley-based 1680:Crozer Keystone Health System 1675:Christiana Care Health System 833:Philadelphia Business Journal 783:Philadelphia Business Journal 631:. May 5, 2011. Archived from 450: 201:, the company was founded in 829:"Pep Boys buys Big 10 Tires" 84:; 101 years ago 7: 1894:Cerberus Capital Management 1785:W. L. Gore & Associates 1582:Morgan, Lewis & Bockius 437: 10: 2103: 1572:Drinker Biddle & Reath 1543:Notable Philadelphia-based 1519:Philadelphia Media Network 1049:CBS San Francisco Bay Area 607:"Pep Boys Company History" 553:. The Shop Mag. 2011-08-03 268:Farmington Hills, Michigan 236: 18:Jack Jackson (businessman) 1878: 1810:Aberdeen Asset Management 1798: 1605: 1545:professional partnerships 1542: 1479: 1452:Universal Health Services 1415: 1375: 1364: 287:compound on the shelves. 227:Bala Cynwyd, Pennsylvania 211:Emanuel "Manny" Rosenfeld 176: 166: 158: 148: 138: 123: 97: 65: 57: 47: 35: 1881:division headquarters of 219:W. Graham "Jack" Jackson 1962:(Johnson & Johnson) 1650:Brandywine Realty Trust 1608:Valley-based businesses 1509:Independence Blue Cross 1426:(rank in the 2017 list) 1386:(rank in the 2017 list) 328:New York Stock Exchange 256:Allentown, Pennsylvania 71:; 103 years ago 1765:Vishay Intertechnology 1705:Liberty Property Trust 1606:Other notable Delaware 1225:. 2007. Archived from 1203:. 2006. Archived from 1181:. 2005. Archived from 399:Icahn Automotive Group 278: 270: 259: 247: 195:automotive aftermarket 162:Auto service and tires 1904:Johnson & Johnson 1855:Shire Pharmaceuticals 920:on February 14, 2015. 276: 265: 253: 244: 215:Maurice "Moe" Strauss 1865:Teva Pharmaceuticals 1850:Siemens Healthineers 1830:Delaware Investments 1660:Carpenter Technology 1499:Day & Zimmermann 1115:"Scott Collette CEO" 577:"The Pep Boys Story" 465:"Pep Boys Employees" 154:David Willetts (CEO) 80:(as Pep Auto Supply) 1960:McNeil Laboratories 1051:. 30 September 2019 980:AFterMarketNews.com 758:AftermarketNews.com 611:fundinguniverse.com 376:metropolitan area. 168:Number of employees 140:Number of locations 69:August 1, 1921 32: 1803:foreign businesses 1801:US headquarters of 1720:Rita's Italian Ice 1710:Penn Entertainment 1597:White and Williams 1095:. February 1, 2023 1073:. February 1, 2023 982:. 23 January 2017. 709:Theautochannel.com 401:, a subsidiary of 279: 271: 260: 248: 172:8,000+ (2023) 30: 2047:Corporate mascots 2029: 2028: 1615:Actua Corporation 1470:Burlington Stores 1446:Lincoln Financial 1434:AmerisourceBergen 936:BusinessWire News 659:Los Angeles Times 625:"Company history" 414:Icahn Enterprises 403:Icahn Enterprises 388:Hertz Corporation 366:Pacific Northwest 188: 187: 16:(Redirected from 2094: 1954:Sherwin-Williams 1780:Wilmington Trust 1534:Urban Outfitters 1427: 1387: 1346: 1339: 1332: 1323: 1322: 1314: 1313: 1312: 1302: 1301: 1300: 1290: 1289: 1288: 1281: 1262: 1261: 1259:Official website 1245: 1233: 1231: 1220: 1211: 1209: 1198: 1189: 1187: 1176: 1158: 1157: 1156:. 27 March 2024. 1150: 1144: 1143: 1141: 1140: 1125: 1119: 1118: 1111: 1105: 1104: 1102: 1100: 1089: 1083: 1082: 1080: 1078: 1067: 1061: 1060: 1058: 1056: 1041: 1035: 1034: 1032: 1030: 1023:Businesswire.com 1015: 1009: 1008: 1006: 1005: 990: 984: 983: 972: 966: 965: 954: 948: 947: 945: 943: 928: 922: 921: 906: 900: 899: 897: 895: 876: 870: 869: 867: 865: 851: 845: 844: 842: 840: 825: 819: 818: 816: 814: 800: 794: 793: 791: 789: 775: 769: 768: 766: 765: 750: 744: 743: 741: 740: 725: 719: 718: 716: 715: 701: 695: 694: 692: 691: 676: 670: 669: 667: 665: 651: 645: 644: 642: 640: 621: 615: 614: 603: 592: 591: 589: 587: 573: 562: 561: 559: 558: 543: 537: 536: 534: 532: 518: 509: 508: 506: 505: 496:. Archived from 486: 480: 479: 477: 475: 461: 362:Washington state 312:Great Depression 266:Pep Boys store, 184: 92: 90: 85: 79: 77: 72: 40: 33: 29: 21: 2102: 2101: 2097: 2096: 2095: 2093: 2092: 2091: 2032: 2031: 2030: 2025: 1996:Rohm & Haas 1970:Hewlett-Packard 1883:US corporations 1882: 1880: 1874: 1802: 1800: 1794: 1725:SEI Investments 1645:Bentley Systems 1607: 1601: 1587:Pepper Hamilton 1544: 1538: 1504:FMC Corporation 1481: 1475: 1425: 1423: 1417:Delaware Valley 1411: 1385: 1383: 1371: 1360: 1357:Delaware Valley 1355:(including the 1350: 1320: 1310: 1308: 1298: 1296: 1286: 1284: 1276: 1270:Wayback Machine 1257: 1256: 1253: 1236: 1229: 1218: 1216:"Annual Report" 1214: 1207: 1196: 1194:"Annual Report" 1192: 1185: 1174: 1172:"Annual Report" 1170: 1167: 1162: 1161: 1152: 1151: 1147: 1138: 1136: 1127: 1126: 1122: 1113: 1112: 1108: 1098: 1096: 1091: 1090: 1086: 1076: 1074: 1069: 1068: 1064: 1054: 1052: 1043: 1042: 1038: 1028: 1026: 1025:. 11 April 2019 1017: 1016: 1012: 1003: 1001: 991: 987: 974: 973: 969: 956: 955: 951: 941: 939: 930: 929: 925: 908: 907: 903: 893: 891: 884:FoxBusiness.com 878: 877: 873: 863: 861: 853: 852: 848: 838: 836: 827: 826: 822: 812: 810: 802: 801: 797: 787: 785: 777: 776: 772: 763: 761: 752: 751: 747: 738: 736: 726: 722: 713: 711: 703: 702: 698: 689: 687: 678: 677: 673: 663: 661: 653: 652: 648: 638: 636: 623: 622: 618: 613:. 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Finance 1234: 1232:on 2009-03-20. 1212: 1210:on 2008-09-07. 1190: 1188:on 2008-09-07. 1166: 1163: 1160: 1159: 1145: 1120: 1106: 1084: 1062: 1036: 1010: 985: 967: 949: 938:. 15 June 2015 923: 901: 871: 846: 820: 795: 770: 745: 720: 696: 671: 646: 635:on May 5, 2011 616: 593: 563: 551:TheShopMag.com 538: 510: 481: 455: 454: 452: 449: 448: 447: 439: 436: 374:Houston, Texas 339: 336: 283: 280: 258:store in 1937. 238: 235: 186: 185: 178: 174: 173: 170: 167: 164: 163: 160: 156: 155: 152: 149: 146: 145: 142: 139: 136: 135: 125: 121: 120: 99: 95: 94: 67: 63: 62: 59: 55: 54: 49: 45: 44: 41: 26: 9: 6: 4: 3: 2: 2099: 2088: 2085: 2083: 2080: 2078: 2075: 2073: 2070: 2068: 2065: 2063: 2060: 2058: 2055: 2053: 2050: 2048: 2045: 2043: 2040: 2039: 2037: 2021: 2020:Flowers Foods 2017: 2014: 2011: 2007: 2004: 2001: 1997: 1994: 1991: 1990:Liberty Media 1987: 1984: 1981: 1977: 1974: 1971: 1967: 1964: 1961: 1958: 1955: 1951: 1948: 1945: 1941: 1938: 1935: 1931: 1928: 1925: 1921: 1918: 1915: 1911: 1910:Colonial Penn 1908: 1905: 1901: 1898: 1895: 1891: 1888: 1887: 1885: 1877: 1871: 1868: 1866: 1863: 1861: 1858: 1856: 1853: 1851: 1848: 1846: 1843: 1841: 1838: 1836: 1833: 1831: 1828: 1826: 1823: 1821: 1818: 1816: 1813: 1811: 1808: 1807: 1805: 1797: 1791: 1788: 1786: 1783: 1781: 1778: 1776: 1773: 1771: 1768: 1766: 1763: 1761: 1758: 1756: 1753: 1751: 1750:Triumph Group 1748: 1746: 1745:Toll Brothers 1743: 1741: 1738: 1736: 1733: 1731: 1728: 1726: 1723: 1721: 1718: 1716: 1713: 1711: 1708: 1706: 1703: 1701: 1698: 1696: 1693: 1691: 1688: 1686: 1683: 1681: 1678: 1676: 1673: 1671: 1668: 1666: 1663: 1661: 1658: 1656: 1653: 1651: 1648: 1646: 1643: 1641: 1638: 1636: 1633: 1631: 1628: 1626: 1623: 1621: 1618: 1616: 1613: 1612: 1610: 1604: 1598: 1595: 1593: 1590: 1588: 1585: 1583: 1580: 1578: 1575: 1573: 1570: 1568: 1565: 1563: 1560: 1558: 1555: 1553: 1552:Ballard Spahr 1550: 1549: 1547: 1541: 1535: 1532: 1530: 1527: 1525: 1522: 1520: 1517: 1515: 1512: 1510: 1507: 1505: 1502: 1500: 1497: 1495: 1492: 1490: 1487: 1486: 1484: 1478: 1471: 1468: 1465: 1462: 1459: 1458:Campbell Soup 1456: 1453: 1450: 1447: 1444: 1441: 1438: 1435: 1432: 1431: 1429: 1424:corporations 1422: 1418: 1414: 1407: 1404: 1401: 1398: 1395: 1392: 1391: 1389: 1384:corporations 1382: 1378: 1374: 1370: 1369: 1363: 1358: 1354: 1347: 1342: 1340: 1335: 1333: 1328: 1327: 1324: 1317: 1307: 1305: 1295: 1293: 1283: 1282: 1279: 1271: 1267: 1264: 1260: 1255: 1254: 1243: 1239: 1235: 1228: 1224: 1217: 1213: 1206: 1202: 1195: 1191: 1184: 1180: 1173: 1169: 1168: 1155: 1149: 1134: 1133:Yahoo Finance 1130: 1124: 1116: 1110: 1094: 1088: 1072: 1066: 1050: 1046: 1040: 1024: 1020: 1014: 1000: 996: 989: 981: 977: 971: 963: 959: 953: 937: 933: 927: 919: 915: 911: 905: 890:on 2012-07-02 889: 885: 881: 875: 860: 859:Tire Business 856: 850: 834: 830: 824: 809: 808:Tire Business 805: 799: 784: 780: 774: 759: 755: 749: 735: 731: 724: 710: 706: 700: 685: 684:Tire Business 681: 675: 660: 656: 650: 634: 630: 626: 620: 612: 608: 602: 600: 598: 582: 581:Pep Boys Auto 578: 572: 570: 568: 552: 548: 542: 527: 523: 517: 515: 500:on 2011-09-29 499: 495: 491: 485: 470: 466: 460: 456: 445: 442: 441: 435: 431: 428: 424: 422: 417: 415: 410: 406: 404: 400: 396: 391: 389: 384: 382: 377: 375: 371: 367: 363: 359: 354: 352: 347: 344: 335: 332: 329: 324: 320: 316: 313: 308: 306: 300: 298: 292: 288: 282:Early history 275: 269: 264: 257: 252: 243: 234: 230: 228: 224: 220: 216: 212: 209:, in 1921 by 208: 204: 200: 196: 192: 183: 179: 175: 171: 165: 161: 157: 153: 147: 143: 137: 133: 129: 126: 122: 116: 110: 104: 100: 96: 93:(as Pep Boys) 68: 64: 60: 56: 53: 50: 46: 39: 34: 19: 2016:Tasty Baking 2000:Dow Chemical 1930:GSI Commerce 1695:EPAM Systems 1635:Aqua America 1625:AlliedBarton 1577:Duane Morris 1529:Radian Group 1513: 1377:Philadelphia 1366: 1304:Pennsylvania 1292:Philadelphia 1241: 1227:the original 1222: 1205:the original 1200: 1183:the original 1178: 1165:Bibliography 1148: 1137:. 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Index

Jack Jackson (businessman)

Subsidiary
Bala Cynwyd
Pennsylvania
pepboys.com
automotive aftermarket
Philadelphia
Pennsylvania
Emanuel "Manny" Rosenfeld
Maurice "Moe" Strauss
W. Graham "Jack" Jackson
Philadelphia
Bala Cynwyd, Pennsylvania


Allentown, Pennsylvania

Farmington Hills, Michigan

Brooklyn
Great Depression
New York Stock Exchange
Orlando
Big O Tires
Washington state
Pacific Northwest
Atlanta
Houston, Texas
The Gores Group

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