Who are the Pep Boys?
Pep Boys Auto is an automotive aftermarket retail chain. It is well known for being full service, as well as for its advertising spokescartoons, the Pep Boys, Manny, Moe, and Jack.
Originally begun as “Pep Auto Supplies” in 1921, the company has since grown to include 570 stores, supercenters, and service providers. The chain currently has almost 6,000 service bays. Pep Boys stores can be found in 35 states and the territory of Puerto Rico. In addition to maintenance and repair, Pep Boys also delivers commercial auto parts and has a significant share of the used tire market. The sale of both private label and brand-name automobile parts, along with full service car repair, continues to be the primary source of revenue for the chain. Pep Boys performs a wide range of automobile repair. Most types of repair can be done at any Pep Boys store with service bays, with the exception of fixing body damage to the car.
The shift of the name to Pep Boys Auto from Pep Auto Supplies supposedly came when police would stop motorists with burned out lights and tell them to “see the boys down at Pep” in order to get the problem fixed. From that point onward, it was a simple matter for the original owners to capitalize on the publicity by changing the store’s name. Whether this is true or simply a colorful apocryphal story is unknown.
Pep Boys Stock
The company’s stock trades on the New York Stock Exchange under the ticker symbol PBY. At present, more than 25 percent of the outstanding common shares are held by a small number of investment houses, which have used their voting power to replace the board of directors with ones of their choosing.
Philadelphia is still the corporate headquarters, just as it was in 1921 when Pep Auto Supplies first opened. Recent expansion has been in the greater Orlando area. As part of this move, Florida Tire was recently acquired by Pep Boys.
Not surprisingly, the Pep Boys brand has a strong connection with NASCAR. The company sponsors Sterling Martin’s Number 14 car. Martin is a two-time Daytona 500 champion. Every October, Pep Boys sponsors the Pep Boys Auto 500, which is held at Atlanta Motor Speedway.
Discounts, Coupons, and Promotional Savings for Pep Boys
Pep Boys Auto currently offers a number of coupons for both service and parts. In addition, there are a number of rebates available. All current coupons and rebates can be found on various websites, including their own.
Typical examples of current coupons that can be found on the company’s website are as follows:
- $10 off of $100 service
- $10 off of $50 merchandise
- $10 off wheel alignment
- 50 percent off of shock or strut installation
- Free battery check, and $5 off of new battery installation