Pearl returns to Denman Tire
LEAVITTSBURG, Ohio-James Pearl has rejoined Denman Tire Corp. as senior vice president of sales and marketing after leaving the company in 2002.
In his post, Mr. Pearl will be responsible for the company's sales and marketing functions and will coordinate the efforts of those departments. He had worked at Denman for 10 years before taking a job at TBC Corp.'s Carroll Tire Co. as vice president of sales and marketing in late 2002.
Denman said Don Moore, then national sales manager, took over Mr. Pearl's responsibilities. Mr. Moore now is vice president of sales and marketing under Mr. Pearl, a spokesman said.
Pep Boys sales up 14% in qtr.
PHILADELPHIA-Pep Boys-Manny, Moe & Jack's fourth quarter sales grew 13.6 percent on a 15.9-percent jump in comparable merchandise sales, but the company warned it still is at the beginning of its ``retail renewal.''
Sales for the quarter ended Jan. 31 were $529.6 million, up from $466.2 million in 2002. In addition to the comparable merchandise increase, comparable service revenue improved 5.1 percent. In the quarter, the automotive service and retail chain posted a net loss of $1.25 million vs. a net loss $1.83 million in 2002. Both periods were impacted by significant write-down charges.
For the full year, Pep Boys reported a net loss of $32.1 million vs. a net profit of $43.8 million in 2002. Sales for the year grew 1.7 percent to $2.13 billion. Comparable merchandise sales were up 1.7 percent, and comparable service revenue was up 1.3 percent.
Kits available for car care month
BETHESDA, Md.-Starter kits for National Car Care Month in April are available on the Car Care Council's Web site, the Bethesda-based group said.
The marketing and promotional materials also are aimed at the general ``Be Car Care Aware'' consumer education campaign. The kit includes identity materials such as signage, consumer literature and a Service Interval Schedule of proper inspection intervals.
The council requests an annual donation of $175 from retailers, jobbers and professional installers who want a starter kit. Donors will have their store locations featured in the council's store finder pages.
For more information, go to the council's Web site at www.carcare.org, call (240) 333-1088 or e-mail [email protected]
Conti taps Seidel for dealer sales
CHARLOTTE, N.C.-Continental Tire North America Inc. (CTNA) has hired Jim Seidel as director of dealer sales for passenger and light truck tires in the U.S. and Canada.
Mr. Seidel will be responsible for the profitable growth of the dealer sales channel and will oversee the business' regional managers and their teams as well as the key account managers for American Car Care Centers Inc., Tire Alliance Groupe and TreadTech.
Mr. Seidel joins CTNA from Great American Tire & Auto Centers, where he was national sales manager. Prior to that he was a regional fleet manager with Bridgestone/Firestone.
Worker to stand trial for murder
BENSALEM, Pa.-A tire shop worker has been bound over for trial on charges he murdered his store manager, authorities said.
Karen Diaz, chief deputy for the Bucks County district attorney, said a judge bound over charges, including first degree murder, against Ken Kim at a preliminary hearing in January. She said no trial date had been set as of mid-February.
According to authorities, Mr. Kim allegedly shot his manager, Joseph Phillips, 39, following an argument Dec. 12. The two worked at a Firestone Tire & Service Center in Bensalem. Mr. Phillips was later taken off life support and died Jan. 10.
Midas earnings decline in 2003
ITASCA, Ill.-Charges related to a major restructuring and the exiting of an unprofitable business drove Midas Inc. to a net loss of $76.2 million in 2003, the automotive service chain said. This compares with a net loss of $33.6 million in 2002.
The charges of $102.6 million are related to the restructuring whereby Midas exited its unprofitable wholesale distribution business.
Sales for the fiscal year ended Jan. 3, 2004, slid 6.6 percent to $311 million from $333 million in 2002.
In the fourth quarter, Midas posted a net loss of $25.3 million, compared with a net loss of $40.4 million the year before.