What happened to NTB?
What happened to NTB?
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.
Who took over NTB?
Mavis Tire Supply Co.
Mavis Tire Supply Co. is buying 112 NTB Tire & Service Centers, a move that will make it the second largest independent tire dealer in the U.S. TBC Corp., which owns the NTB brand, says the 112 stores are located in the Philadelphia, Boston, Atlanta and Chicago markets.
What did NTB used to be called?
Since Sears’ Tire America and National Tire Warehouse chains were rebranded as NTB in 1997, the stores never reached Sears’ goal of 700 outlets by 2001. In fact, the stores hit a peak of only 330 stores in 1998.
Is NTB owned by Tire Kingdom?
The TBC Retail Group® includes NTB® and Tire Kingdom® stores. Together, there are more than 600 locations in 26 states.
Is NTB a franchise?
TBC’s retail group operates more than 2,700 franchised and company-operated tire and automotive service centers under the brands Tire Kingdom®, Merchant’s Tire & Auto Centers®, NTB®-National Tire & Battery®, Big O Tires®, Midas®, and SpeeDee Oil and Lube®.
Who did Mavis Tire buyout?
Mavis Tire Express Services Corp. acquired Action Gator Tire Stores in January. MILLWOOD, N.Y. — Mavis Tire Express Services Corp. has extended its reach to beyond 1,000 retail stores with its latest acquisition of Action Gator Tire Stores’ retail assets, comprising 23 outlets throughout central Florida.
How much is NTB worth?
NTB Price Statistics
| TokenAsset Price | $0.1608 |
|---|---|
| Trading Volume24h | $113,808.62 1.55% |
| Volume / Market Cap | No Data |
| Market Dominance | No Data |
| Market Rank | #3907 |
Did Mavis buy Jack Williams Tires?
Mavis Tire Express Services Corp. is adding 39 more retail stores to its network with the acquisition of Jack Williams Tire Co. The deal includes both the wholesale and retail operations of the Pennsylvania-based Jack Williams Tire.
Is Mavis tire out of business?
Mavis continues to grow with the acquisition of Cole Muffler Brake in 2008, Somerset Tire (STS) in 2015, Kauffman Tire in 2018 and its recent merger with Express Oil and Tire Engineers allows it to keep pace with changing market demands and conditions.
Where are national tires made?
Ltd. at its factory in Rayong, Thailand, according to DOT code information on photos of tires posted on nationaltire.com, while the trailer tires are sourced from Shandong Yongfeng Tyres Co. Ltd. of Linyi City/Shandong, China.
