TBC Corp.'s retail group — which includes NTB and Tire Kingdom retail chains and the Big O and Midas franchise networks — is working closely with its suppliers to mitigate the impact of product shortages.
The wholesaler is introducing tire lines this year to meet the growing demand for larger rim-diameter tires, last-mile delivery vehicle tires and premium specialty tires.
Tire Pros President Greg Bell said recently that while supply-chain problems persist in the industry, the business has been able to leverage its relationship with wholesaler ATD for continued growth.
Business has been soft so far this year at Gills Point S Tire & Auto Service, with 36 locations spread across the continental U.S.
TireHub, a tire distribution joint-venture between Bridgestone and Goodyear, plans to increase its footprint.
Tire maker Pirelli talks racing, tires and an evolving industry.
Monro operates 1,304 company-owned retail tire and auto service locations and has 80 franchise locations. It is ranked by as the largest tire retail dealership in the U.S., in terms of number of locations.
Big Brand Tire & Service, backed by private-equity firm Percheron Investments Management L.P., aims for 200 stores by year-end.
Goodyear is seeing strong demand for its products this year as it continues to optimize manufacturing, balance supply chain difficulties and integrate Cooper Tire into its ranks.
Kenny Lee, vice president of sales, consumer tire sales for Giti Tire USA, said the company continues to add workers and equipment at the plant, even as the "demand-supply equation is out of kilter" in today's market.