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Pep Boys

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27: 240: 252: 1276: 372:, 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. 1288: 231: 1300: 308:
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.
296:, 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. 405:, 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. 416:
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.
412:. 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. 234:
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.
379:'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. 357:. 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 1059: 898: 335:
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.
868: 742: 394:. 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. 361:
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
644:"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" 2040: 1118:"Pep Boys completes transition to automotive services and strengthens focus on auto repair in Puerto Rico while AutoZone expands retail presence in Puerto Rico" 983: 510: 2045: 1103: 1332: 478: 1356: 1341: 1007: 2050: 906: 408:
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
230: 1968: 1912: 1743: 1618: 1608: 1428: 1034:"Pep Boys Agrees To Pay $ 3.7M To Settle Hazardous Waste Suit" 565: 1512: 1082:"Auto-Parts Company Owned by Carl Icahn Files for Bankruptcy" 1008:"Pep Boys Expands Capabilities to Serve Fast-Growing Fleets" 760: 349:. The acquisition gave Pep Boys service and tire centers in 315:
In the 1980s, came aggressive growth. Pep Boys moved to the
1922: 170: 1247: 984:"Onetime Icahn lawyer is the new boss at Pep Boys' parent" 1974: 1833: 921:"Pep Boys Names Scott P. Sider Chief Executive Officer" 694:"Pep Boys Names Jeffrey C. Rachor President & CEO" 1264: 511:"Icahn Enterprises Completes Acquisition of Pep Boys" 210:, and Moe Radavitz. Pep Boys is headquartered in the 669:"Pep Boys opens outlet on Puerto Rico military base" 844:"Pep Boys buys 7 Houston-area 'My Mechanic' stores" 266:Pep Boys logo from June 6, 2004, to July 22, 2013. 375:In June 2015, Scott P. Sider, group president of 2022: 1357:List of companies based in the Philadelphia area 947:"Bridgestone buying Pep Boys for $ 835 million" 719:"Pep Boys' ex-CEO topped $ 10M in compensation" 2041:Automotive part retailers of the United States 1326: 16:American automotive aftermarket service chain 2046:Automotive repair shops of the United States 793:"Pep Boys buys 7 Big O stores in Washington" 1060:"Auto Plus files for Chapter 11 bankruptcy" 505: 503: 50:Automotive maintenance and repair and tires 1333: 1319: 25: 981: 869:"Pep Boys Shares Dive as Buyout Blows Up" 716: 590: 588: 586: 500: 261: 250: 238: 229: 2051:American companies established in 1921 2023: 583: 479:"The Pep Boys - Manny, Moe & Jack" 1314: 433:National Automotive Parts Association 2056:Retail companies established in 1921 982:DiStefano, Joseph N. (5 June 2017). 560: 558: 556: 284:officially changed to "The Pep Boys 222:automotive maintenance on location. 2076:1921 establishments in Pennsylvania 1143:"Pep Boys CEO out; successor named" 905:. February 14, 2015. Archived from 386:and signed a merger agreement with 13: 1106:(Press release). 8 September 2023. 14: 2087: 2031:Automobile advertising characters 1261: (archived December 11, 1997) 1239: 553: 1469:Other notable Philadelphia-based 1298: 1286: 1274: 270: 186:service chain. Originally named 2071:Companies based in Philadelphia 1724:Susquehanna International Group 1153: 1135: 1110: 1096: 1074: 1052: 1026: 1000: 975: 965:"Pep Boys Acquires Just Brakes" 957: 939: 913: 891: 861: 836: 810: 785: 735: 710: 686: 326: 2061:Male characters in advertising 1342:Philadelphia-area corporations 875:. July 2, 2012. Archived from 768:"Pep Boys to buy Florida Tire" 717:Armstrong, Mike (9 May 2008). 661: 636: 606: 528: 471: 446: 31:Logo used from 2023 to present 1: 2066:2016 mergers and acquisitions 1868:Notable Delaware Valley-based 1788:Notable Delaware Valley-based 1669:Crozer Keystone Health System 1664:Christiana Care Health System 822:Philadelphia Business Journal 772:Philadelphia Business Journal 620:. May 5, 2011. Archived from 439: 190:, the company was founded in 818:"Pep Boys buys Big 10 Tires" 73:; 101 years ago 7: 1883:Cerberus Capital Management 1774:W. L. Gore & Associates 1571:Morgan, Lewis & Bockius 426: 10: 2092: 1561:Drinker Biddle & Reath 1532:Notable Philadelphia-based 1508:Philadelphia Media Network 1038:CBS San Francisco Bay Area 596:"Pep Boys Company History" 542:. The Shop Mag. 2011-08-03 257:Farmington Hills, Michigan 225: 1867: 1799:Aberdeen Asset Management 1787: 1594: 1534:professional partnerships 1531: 1468: 1441:Universal Health Services 1404: 1364: 1353: 276:compound on the shelves. 216:Bala Cynwyd, Pennsylvania 200:Emanuel "Manny" Rosenfeld 165: 155: 147: 137: 127: 112: 86: 54: 46: 36: 24: 1870:division headquarters of 208:W. Graham "Jack" Jackson 1951:(Johnson & Johnson) 1639:Brandywine Realty Trust 1597:Valley-based businesses 1498:Independence Blue Cross 1415:(rank in the 2017 list) 1375:(rank in the 2017 list) 317:New York Stock Exchange 245:Allentown, Pennsylvania 60:; 103 years ago 1754:Vishay Intertechnology 1694:Liberty Property Trust 1595:Other notable Delaware 1214:. 2007. Archived from 1192:. 2006. Archived from 1170:. 2005. Archived from 388:Icahn Automotive Group 267: 259: 248: 236: 184:automotive aftermarket 151:Auto service and tires 1893:Johnson & Johnson 1844:Shire Pharmaceuticals 909:on February 14, 2015. 265: 254: 242: 233: 204:Maurice "Moe" Strauss 1854:Teva Pharmaceuticals 1839:Siemens Healthineers 1819:Delaware Investments 1649:Carpenter Technology 1488:Day & Zimmermann 1104:"Scott Collette CEO" 566:"The Pep Boys Story" 454:"Pep Boys Employees" 143:David Willetts (CEO) 69:(as Pep Auto Supply) 1949:McNeil Laboratories 1040:. 30 September 2019 969:AFterMarketNews.com 747:AftermarketNews.com 600:fundinguniverse.com 365:metropolitan area. 157:Number of employees 129:Number of locations 58:August 1, 1921 21: 1792:foreign businesses 1790:US headquarters of 1709:Rita's Italian Ice 1699:Penn Entertainment 1586:White and Williams 1084:. February 1, 2023 1062:. February 1, 2023 971:. 23 January 2017. 698:Theautochannel.com 390:, a subsidiary of 268: 260: 249: 237: 161:8,000+ (2023) 19: 2036:Corporate mascots 2018: 2017: 1604:Actua Corporation 1459:Burlington Stores 1435:Lincoln Financial 1423:AmerisourceBergen 925:BusinessWire News 648:Los Angeles Times 614:"Company history" 403:Icahn Enterprises 392:Icahn Enterprises 377:Hertz Corporation 355:Pacific Northwest 177: 176: 2083: 1943:Sherwin-Williams 1769:Wilmington Trust 1523:Urban Outfitters 1416: 1376: 1335: 1328: 1321: 1312: 1311: 1303: 1302: 1301: 1291: 1290: 1289: 1279: 1278: 1277: 1270: 1251: 1250: 1248:Official website 1234: 1222: 1220: 1209: 1200: 1198: 1187: 1178: 1176: 1165: 1147: 1146: 1145:. 27 March 2024. 1139: 1133: 1132: 1130: 1129: 1114: 1108: 1107: 1100: 1094: 1093: 1091: 1089: 1078: 1072: 1071: 1069: 1067: 1056: 1050: 1049: 1047: 1045: 1030: 1024: 1023: 1021: 1019: 1012:Businesswire.com 1004: 998: 997: 995: 994: 979: 973: 972: 961: 955: 954: 943: 937: 936: 934: 932: 917: 911: 910: 895: 889: 888: 886: 884: 865: 859: 858: 856: 854: 840: 834: 833: 831: 829: 814: 808: 807: 805: 803: 789: 783: 782: 780: 778: 764: 758: 757: 755: 754: 739: 733: 732: 730: 729: 714: 708: 707: 705: 704: 690: 684: 683: 681: 680: 665: 659: 658: 656: 654: 640: 634: 633: 631: 629: 610: 604: 603: 592: 581: 580: 578: 576: 562: 551: 550: 548: 547: 532: 526: 525: 523: 521: 507: 498: 497: 495: 494: 485:. Archived from 475: 469: 468: 466: 464: 450: 351:Washington state 301:Great Depression 255:Pep Boys store, 173: 81: 79: 74: 68: 66: 61: 29: 22: 18: 2091: 2090: 2086: 2085: 2084: 2082: 2081: 2080: 2021: 2020: 2019: 2014: 1985:Rohm & Haas 1959:Hewlett-Packard 1872:US corporations 1871: 1869: 1863: 1791: 1789: 1783: 1714:SEI Investments 1634:Bentley Systems 1596: 1590: 1576:Pepper Hamilton 1533: 1527: 1493:FMC Corporation 1470: 1464: 1414: 1412: 1406:Delaware Valley 1400: 1374: 1372: 1360: 1349: 1346:Delaware Valley 1344:(including the 1339: 1309: 1299: 1297: 1287: 1285: 1275: 1273: 1265: 1259:Wayback Machine 1246: 1245: 1242: 1225: 1218: 1207: 1205:"Annual Report" 1203: 1196: 1185: 1183:"Annual Report" 1181: 1174: 1163: 1161:"Annual Report" 1159: 1156: 1151: 1150: 1141: 1140: 1136: 1127: 1125: 1116: 1115: 1111: 1102: 1101: 1097: 1087: 1085: 1080: 1079: 1075: 1065: 1063: 1058: 1057: 1053: 1043: 1041: 1032: 1031: 1027: 1017: 1015: 1014:. 11 April 2019 1006: 1005: 1001: 992: 990: 980: 976: 963: 962: 958: 945: 944: 940: 930: 928: 919: 918: 914: 897: 896: 892: 882: 880: 873:FoxBusiness.com 867: 866: 862: 852: 850: 842: 841: 837: 827: 825: 816: 815: 811: 801: 799: 791: 790: 786: 776: 774: 766: 765: 761: 752: 750: 741: 740: 736: 727: 725: 715: 711: 702: 700: 692: 691: 687: 678: 676: 667: 666: 662: 652: 650: 642: 641: 637: 627: 625: 612: 611: 607: 602:. 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Finance 1223: 1221:on 2009-03-20. 1201: 1199:on 2008-09-07. 1179: 1177:on 2008-09-07. 1155: 1152: 1149: 1148: 1134: 1109: 1095: 1073: 1051: 1025: 999: 974: 956: 938: 927:. 15 June 2015 912: 890: 860: 835: 809: 784: 759: 734: 709: 685: 660: 635: 624:on May 5, 2011 605: 582: 552: 540:TheShopMag.com 527: 499: 470: 444: 443: 441: 438: 437: 436: 428: 425: 363:Houston, Texas 328: 325: 272: 269: 247:store in 1937. 227: 224: 175: 174: 167: 163: 162: 159: 156: 153: 152: 149: 145: 144: 141: 138: 135: 134: 131: 128: 125: 124: 114: 110: 109: 88: 84: 83: 56: 52: 51: 48: 44: 43: 38: 34: 33: 30: 15: 9: 6: 4: 3: 2: 2088: 2077: 2074: 2072: 2069: 2067: 2064: 2062: 2059: 2057: 2054: 2052: 2049: 2047: 2044: 2042: 2039: 2037: 2034: 2032: 2029: 2028: 2026: 2010: 2009:Flowers Foods 2006: 2003: 2000: 1996: 1993: 1990: 1986: 1983: 1980: 1979:Liberty Media 1976: 1973: 1970: 1966: 1963: 1960: 1956: 1953: 1950: 1947: 1944: 1940: 1937: 1934: 1930: 1927: 1924: 1920: 1917: 1914: 1910: 1907: 1904: 1900: 1899:Colonial Penn 1897: 1894: 1890: 1887: 1884: 1880: 1877: 1876: 1874: 1866: 1860: 1857: 1855: 1852: 1850: 1847: 1845: 1842: 1840: 1837: 1835: 1832: 1830: 1827: 1825: 1822: 1820: 1817: 1815: 1812: 1810: 1807: 1805: 1802: 1800: 1797: 1796: 1794: 1786: 1780: 1777: 1775: 1772: 1770: 1767: 1765: 1762: 1760: 1757: 1755: 1752: 1750: 1747: 1745: 1742: 1740: 1739:Triumph Group 1737: 1735: 1734:Toll Brothers 1732: 1730: 1727: 1725: 1722: 1720: 1717: 1715: 1712: 1710: 1707: 1705: 1702: 1700: 1697: 1695: 1692: 1690: 1687: 1685: 1682: 1680: 1677: 1675: 1672: 1670: 1667: 1665: 1662: 1660: 1657: 1655: 1652: 1650: 1647: 1645: 1642: 1640: 1637: 1635: 1632: 1630: 1627: 1625: 1622: 1620: 1617: 1615: 1612: 1610: 1607: 1605: 1602: 1601: 1599: 1593: 1587: 1584: 1582: 1579: 1577: 1574: 1572: 1569: 1567: 1564: 1562: 1559: 1557: 1554: 1552: 1549: 1547: 1544: 1542: 1541:Ballard Spahr 1539: 1538: 1536: 1530: 1524: 1521: 1519: 1516: 1514: 1511: 1509: 1506: 1504: 1501: 1499: 1496: 1494: 1491: 1489: 1486: 1484: 1481: 1479: 1476: 1475: 1473: 1467: 1460: 1457: 1454: 1451: 1448: 1447:Campbell Soup 1445: 1442: 1439: 1436: 1433: 1430: 1427: 1424: 1421: 1420: 1418: 1413:corporations 1411: 1407: 1403: 1396: 1393: 1390: 1387: 1384: 1381: 1380: 1378: 1373:corporations 1371: 1367: 1363: 1359: 1358: 1352: 1347: 1343: 1336: 1331: 1329: 1324: 1322: 1317: 1316: 1313: 1306: 1296: 1294: 1284: 1282: 1272: 1271: 1268: 1260: 1256: 1253: 1249: 1244: 1243: 1232: 1228: 1224: 1217: 1213: 1206: 1202: 1195: 1191: 1184: 1180: 1173: 1169: 1162: 1158: 1157: 1144: 1138: 1123: 1122:Yahoo Finance 1119: 1113: 1105: 1099: 1083: 1077: 1061: 1055: 1039: 1035: 1029: 1013: 1009: 1003: 989: 985: 978: 970: 966: 960: 952: 948: 942: 926: 922: 916: 908: 904: 900: 894: 879:on 2012-07-02 878: 874: 870: 864: 849: 848:Tire Business 845: 839: 823: 819: 813: 798: 797:Tire Business 794: 788: 773: 769: 763: 748: 744: 738: 724: 720: 713: 699: 695: 689: 674: 673:Tire Business 670: 664: 649: 645: 639: 623: 619: 615: 609: 601: 597: 591: 589: 587: 571: 570:Pep Boys Auto 567: 561: 559: 557: 541: 537: 531: 516: 512: 506: 504: 489:on 2011-09-29 488: 484: 480: 474: 459: 455: 449: 445: 434: 431: 430: 424: 420: 417: 413: 411: 406: 404: 399: 395: 393: 389: 385: 380: 378: 373: 371: 366: 364: 360: 356: 352: 348: 343: 341: 336: 333: 324: 321: 318: 313: 309: 305: 302: 297: 295: 289: 287: 281: 277: 271:Early history 264: 258: 253: 246: 241: 232: 223: 219: 217: 213: 209: 205: 201: 198:, in 1921 by 197: 193: 189: 185: 181: 172: 168: 164: 160: 154: 150: 146: 142: 136: 132: 126: 122: 118: 115: 111: 105: 99: 93: 89: 85: 82:(as Pep Boys) 57: 53: 49: 45: 42: 39: 35: 28: 23: 2005:Tasty Baking 1989:Dow Chemical 1919:GSI Commerce 1684:EPAM Systems 1624:Aqua America 1614:AlliedBarton 1566:Duane Morris 1518:Radian Group 1502: 1366:Philadelphia 1355: 1293:Pennsylvania 1281:Philadelphia 1230: 1216:the original 1211: 1194:the original 1189: 1172:the original 1167: 1154:Bibliography 1137: 1126:. 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Index


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
Hertz Corporation

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