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Founded in 1943, the Merchant family from Manassas, VA owned and operated the first retail stores for Merchant's Tire and Auto. Over the next decades, the company expanded along the East Coast. In the year 2003, Tire Kingdom purchased National Tire & Battery (NTB) and Merchant's Tire & Automotive Service.
The combined company acquired additional tire brands: Savannah Tire, Trax Tires, Upton Tire, Epperly Tire, among others. [10] In June 2017, Express Oil Change & Tire Engineers, which had become the 10th-largest fast lube chain in the United States, [11] was acquired by San Francisco-based private equity firm Golden Gate Capital. [12]
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) Solo Program, a club that allows driving enthusiasts to compete at a local level. By 2005, Tire Rack had grown into a nationwide company that distributes more than 2 million tires annually. [4]
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. [5]
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.