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Discount Tire Company was founded by Bruce Halle as a tire shop in 1960, in Ann Arbor, Michigan. Halle had taken out a $400 loan to open the store, originally having six tires from a previous failed automotive supply company. In 1970, the company expanded to Arizona, with its headquarters being built in Scottsdale, Arizona. The company grew to ...
Three years after opening the store, Tire Rack got into the mail order business and by 1990 the store was shut down. [2] In 1995, Tire Rack began its website where it posted reviews of tires it sold. [2] In 1998, Tire Rack began online sales. [3] Since 1995, Tire Rack has been the title sponsor of the National Sports Car Club of America (SCCA ...
In 2022, American Tire Distributors sold their Canadian operations (National Tire Distributors) to Groupe Touchette. [15] In October 2024, ATD filed for Chapter 11 bankruptcy protection for the second time, listing assets and liabilities between $1 billion and $10 billion. The company plans to sell itself to new owners in efforts to eliminate debt.
In 1963, a 7-Eleven store near an Austin, Texas, university began to stay open all night for student shoppers. It was such a success that other stores in the chain adopted the 24/7 hours, and ...
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