Crain named to list of top journalists NEW YORK—G.D. Crain Jr., founder of Crain Communications Inc., has been named by TJFR Group to a list of the 20th century's 100 most important business journalists and busi- ness news exec- utives.
The Business News Luminaries of the Century Awards, sponsored by MasterCard International, honor those who contributed the most to business journalism.
The late Mr. Crain was one of 100 people chosen as Business News Luminaries. Others included the current and former managing editors of Fortune, John Huey and Marshall Loeb; the late Malcolm Forbes; journalist Ida Tarbell; the late New York Times columnist Philip Dougherty; and Time Inc.'s Norman Pearlstine.
Mr. Crain founded Crain Publishing Co. in 1916 with his first publication, Hospital Management. He and his family went on to create Crain Communications, which publishes Tire Business and 29 other trade, business and consumer magazines and operates two radio stations.
Bachand to retire from Canadian Tire
TORONTO—Stephen Bachand, president and CEO of Canadian Tire Corp. Ltd., will retire from the company by the end of 2000.
"This was a hard decision, but the time was right for both Canadian Tire and for me," Mr. Bachand said in a written statement. "The company has never been stronger in terms of its financial and market position."
Gilbert Bennett, chairman of Canadian Tire, hailed Mr. Bachand's contributions to the firm since he took the company's helm in 1993.
Canadian Tire has established a selection committee to conduct a search of both internal and external candidates. Mr. Bachand, 61, will serve on the committee and play a key role in the selection process.
During Mr. Bachand's tenure, Canadian Tire revamped its business and grew to its present total of 430 stores.
ACCC offers fleet credit card
SOUTH PORTLAND, Maine—American Car Care Centers has formed a co-brand relationship with Wright Express for a commercial fleet charge card.
"Our dealers do a fair amount of business with local fleets," said Dave Crawford, ACCC's director of marketing. "We see this new co-brand card with Wright Express as an opportunity for ACCC dealers to build their fleet business and improve their operational effectiveness without risk."
Fleets can use the ACCC/WEX card to purchase tires and services at ACCC dealers. The card will capture and report transaction details to fleet managers, helping them track purchases, enforce purchasing policies and contain costs while reducing paperwork.
TANA offers site, training videos
RESTON, Va.—The Tire Association of North America has launched a Web site to help tire dealers learn more about its CarCareONE private-label credit card.
The site, www.carcareone.net, comes at the end of the most successful year in the history of the CarCareONE program, TANA said.
A record 230,000 consumers now possess a CarCareONE card which produced more than $50 million in sales for TANA members in 1999.
TANA also is offering a free, seven-videotape "risk management" training program series. The tapes, sponsored by Universal Underwriters Insurance Co. of Overland Park, Kan., focus on helping managers and employees understand risk management in the workplace.
A limited number of tapes are available on a first-come, first-served basis. The association can be contacted at (800) 876-8372.
Goodyear builds logistics center
AKRON—Goodyear will build an 830,000-sq.-ft. logistics center in Victorville, Calif.
Construction of the facility is scheduled to begin in late January. The center is expected to be operational during the first quarter of 2001 and employ about 90 people.
The new facility is part of Goodyear's ongoing rationalization project designed to consolidate the company's North American Tire logistics centers.
The center's opening will impact existing Goodyear/Kelly-Springfield logistics centers in Los Angeles and La Palma, Calif., which will close in mid-2001, a Goodyear spokeswoman said.