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Les Schwab Tires entered the Denver metropolitan area with five stores in October 2012, the first in Colorado, bringing the total number of company owned stores to 374. [9] The company does more than $1.6 billion in sales each year, [ 8 ] and is the second largest independent tire retailer in the United States .
The name of the business changed to "Les Schwab Tire Centers" in 1956, dropping the OK franchise. [5] From this grew a tire empire based in Prineville that had 34 stores in Oregon, Washington, and Idaho in 1971, [ 7 ] and 410 stores in the western U.S. and $1.6 billion in annual sales by 2007. [ 3 ]
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More could be written about Les's contributions to the community and how he had all of his stores contribute to the community. C. Williams 22:45, 16 February 2008 (UTC) "Despite the success of the company, Les Schwab refused to take the company public." The way this section is worded, it makes it seem that this was a wrong decision.
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Because I discovered, to my surprise, that Schwab charges a management fee of only 0.03% for its total market index fund, compared with the 0.04% that Vanguard charges Admiral class shareholders ...