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December 28, 2000 01:00 AM

Les Schwab posts $1 billion in retail sales

Tire Business Staff
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    PRINEVILLE, Ore.—For the first time in its 48-year history, Les Schwab Tire Centers Inc. will post $1 billion in total retail sales in 2000.

    Les Schwab Tire, which opened 16 stores during the past year, operates 318 outlets throughout six states in the Northwest. The new stores plus sales gains by the company´s existing outlets helped Les Schwab Tire reach the $1 billion milestone, said President Phil Wick.

    Mr. Wick told Tire Business the dealership had not set a sales goal of $1 billion for 2000, but now the company will focus on reaching the $2 billion sales mark "in the next few years."

    "Our goals are just to run a good business, take care of our customers and sell tires," he said.

    Founded by Les Schwab in 1952, Les Schwab Tire ranks second behind Scottsdale, Ariz.-based Discount Tire Co. in North American retail sales. In 1999 Discount Tire posted $1.11 billion.

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