NTB Tire & Service Centers | |
Company type | Wholly owned subsidiary |
Industry | Automotive Services |
Predecessors |
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Founded | 1997 | by the merger of National Tire Warehouse with Tire America
Number of locations | 417 (2022) [1] |
Services | tire sales and service, battery replacement, scheduled maintenance, oil changes, brakes, wheel alignments, and automotive repairs. |
Parent |
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Website | www |
National Tire and Battery (NTB) is an American brand of auto service centers. It was formerly owned by Sears until it was spun-off in 2003. In 2020, Mavis Tire Supply Co. bought 112 NTB Tire & Service Centers, leaving the parent TBC Corporation with 615 locations under the Tire Kingdom and NTB brands. [2]
Sears created the brand in 1997 by consolidating the Tire America (TA) and National Tire Warehouse (NTW) brands, adding the "B" to include its DieHard brand of batteries. [3] Sears originally acquired both Tire America and National Tire Warehouse in 1988 when it acquired its then parent Western Auto Supply. [4]
In 2003, Sears sold the brand, which consisted mostly of stores set apart from its name brand stores, to TBC Corporation. A Sears spokesman said, "Because of the separate branding and the lack of proximity to our retail operations, we weren't able to drive growth like a TBC could". The chain of 226 stores was reported to have brought in $425 million in revenue and $60 million in profit in 2002. [1]
TBC Corporation includes Tire Kingdom, Merchant's Tire and Auto Centers and Big O Tire stores. Together they operate more than 1,200 locations in 41 states, the District of Columbia, and the Canadian provinces of Alberta and British Columbia. [5]
In February 2020, TBC entered into an agreement with Mavis Discount Tire of New York to consolidate its footprint of locations by selling 112 NTB stores in Philadelphia, Boston, Atlanta and Chicago areas to Mavis, with approximately 512 NTB locations remaining under NTB's ownership. [6]
National Tire and Battery specializes in Fluid Services (Oil Changes, Brake Fluid Exchange, Coolant Exchange, and Transmission Fluid Exchange), Battery Services, Wiper Blades, Brake Services, Steering & Suspension Services, and Vehicle Inspections. [7]
Canadian Tire Corporation, Limited is a Canadian retail company which operates in the automotive, hardware, sports, leisure and housewares sectors. Its Canadian operations include: Canadian Tire, Mark's, FGL Sports, PartSource, and the Canadian operations of Party City. Canadian Tire acquired the Norwegian clothing and textile company Helly Hansen from the Ontario Teachers' Pension Plan in 2018.
Kmart, formerly legally registered as Kmart Corporation, now operated by Transformco, is a department store chain, and an online retailer in the United States and its territories and operates six remaining Kmart big-box department stores — 3 in the US Virgin Islands and one each in Kendale Lakes, Florida ; Bridgehampton, New York; and Tamuning, Guam.
Sears, Roebuck and Co., commonly known as Sears, is an American chain of department stores founded in 1892 by Richard Warren Sears and Alvah Curtis Roebuck and reincorporated in 1906 by Richard Sears and Julius Rosenwald, with what began as a mail ordering catalog company migrating to opening retail locations in 1925, the first in Chicago. In 2005, the company was bought by the management of the American big box discount chain Kmart, which upon completion of the merger, formed Sears Holdings. Through the 1980s, Sears was the largest retailer in the United States. In 2018, it was the 31st-largest. After several years of declining sales, Sears's parent company filed for Chapter 11 bankruptcy on October 15, 2018. It announced on January 16, 2019, that it had won its bankruptcy auction, and that a reduced number of 425 stores would remain open, including 223 Sears stores.
Big O Tires, LLC., is a tire and auto service shop headquartered in Palm Beach Gardens, Florida. Big O Tires is one of North America's largest retail tire franchisors, with more than 450 independently owned and operated locations extending through 23 states primarily in the Western and Midwestern United States. It has been a wholly owned subsidiary of TBC Corporation since 1996.
Pep Boys is an American automotive aftermarket service chain. Originally named Pep Auto Supply, the company was founded in Philadelphia, Pennsylvania, in 1921 by Emanuel "Manny" Rosenfeld, Maurice "Moe" Strauss, W. Graham "Jack" Jackson, and Moe Radavitz. Pep Boys is headquartered in the Philadelphia suburb of Bala Cynwyd, Pennsylvania.
Western Auto Supply Company—known more widely as Western Auto—was a specialty retail chain of stores that supplied automobile parts and accessories operating approximately 1,200 stores across the United States.
DieHard is an American brand of automotive battery and parts owned by Advance Auto Parts and sold exclusively at Advance, Carquest and Sears stores. Advance bought the DieHard brand from Sears in December 2019.
Midas International, LLC is an American chain of automotive service centers headquartered in Palm Beach Gardens, Florida. In its North American main and home market, Midas stores are company-owned or franchised. In the 17 other countries it operates in, the service centers are either licensed or franchised. Midas is one of the world’s largest providers of automotive services, offering brake, maintenance, tires, exhaust, steering and suspension services at more than 2,100 franchised, licensed and company-owned Midas shops in 13 countries, including nearly 1,300 in the United States of America and Canada. Midas also owns the SpeeDee Oil & Auto Service business, with more than 150 auto service centers in America. Midas has ranked #150 on Entrepreneurs top Franchise 500.
O’Reilly Automotive, Inc., doing business as O’Reilly Auto Parts, is an American auto parts retailer that provides automotive aftermarket parts, tools, supplies, equipment, and accessories to professional service providers and do-it-yourself customers. Founded in 1957 by the O’Reilly family, the company operates more than 6,000 stores in 48 states, Puerto Rico and Mexico.
Advance Auto Parts, Inc. is an American automotive aftermarket parts provider. Headquartered in Raleigh, North Carolina, it serves both professional installer and do it yourself (DIY) customers. As of December 2023, Advance operated 4,935 stores and 321 Worldpac branches in the United States and Canada. The company also serves 1,245 independently owned Carquest-branded stores in the U.S., Mexico, The Cayman Islands, Turks and Caicos, and British Virgin Islands.
Monro, Inc. is an automotive services company founded and headquartered in Rochester, New York, U.S. As of 2021, Monro has 1,288 locations making them the second-largest automotive services company in North America after Driven Brands by number of locations and by revenue.
Sears plc was a large British-based conglomerate. The company was listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index. It was acquired by Charles Clore in the 1950s who expanded the company to be one of the largest retailers in Britain. It was acquired by Philip Green in 1999 who oversaw the break up of the group.
The Reinalt-Thomas Corporation, doing business as Discount Tire and America's Tire, is an independent tire and wheel retailer. It operates in 38 of the lower 48 states, and headquartered in Scottsdale, Arizona. Founded in 1960, it is considered the largest independent retailer of tires and wheels in the world.
TBC Corporation (TBC) is an American corporation and marketer of automotive replacement tires.
Sears Holdings Corporation was an American holding company headquartered in Hoffman Estates, Illinois. It was the parent company of the chain stores Kmart and Sears and was founded after the former purchased the latter in 2005. It was the 20th-largest retailing company in the United States in 2015. It filed for Chapter 11 bankruptcy on October 15, 2018, and sold its assets to ESL Investments in 2019. The new owner moved Sears assets to its newly formed subsidiary Transformco and after that, Sears Holdings Corporation was closed.
Merchant's Tire and Auto falls under the acquisition of Tire Kingdom by TBC Corporation. There are approximately 120 stores nationwide as of July 17, 2015.
Tire Kingdom is a large American tire store chain located primarily in the southern part of the United States. In 2000, it became a subsidiary of TBC Corporation.
Express Oil Change & Tire Engineers is an American automotive maintenance brand, with services including its signature 10 minute oil change, in addition to full-service mechanical, tires, brakes, and more general service offerings. The company is headquartered in Birmingham, AL, where it was founded in 1979.
Transform SR Brands LLC is an American privately held company formed on February 11, 2019, to acquire some of the assets of Sears Holdings Corporation. The new company is owned by ESL Investments. Following the Chapter 11 bankruptcy filing of Sears Holdings on October 15, 2018, Transformco purchased the surviving assets owned by Sears Holdings for $5.2 billion.