Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Pep Boys (PBY) Automotive Parts and Accessories -- Ignore unavailable to you. Want to Upgrade?

To: LLCF who wrote (87)	4/15/1998 10:17:00 PM
From: Investor2	Respond to of 116

Parts Delivery Rollout Accelerates PHILADELPHIA--(BUSINESS WIRE)--April 15, 1998--Pep Boys - Manny, Moe & Jack (NYSE: ''PBY''), the nation's leading automotive aftermarket retail and service chain, announced that the rollout of its parts delivery program was significantly ahead of schedule and would be substantially completed by the end of the second quarter. The company now anticipates that approximately 200 stores will be added to the parts delivery program during the current (first) quarter and approximately 140 stores will be added to the parts delivery program during the second quarter which ends on Aug. 1, 1998. At that point in time, approximately 600 stores will be delivering to the professional and the rapid, chain-wide rollout will have been completed. Additional stores will be added to the program as new stores are opened or additional stores satisfy the company's parts delivery criterion. Pep Boys' CEO, Mitchell G. Leibovitz, made the following comments: ''We are extremely pleased to report that the rollout of our parts delivery program will be completed well ahead of schedule. Although the start-up costs associated with this program will have a negative impact on our first and second quarter earnings, the early introduction of parts delivery in so many of our stores should speed the sales ramp-up and profitability of the program. ''With our ability to now satisfy the product requirements of the professional installer, Pep Boys becomes the only chain that serves all four automotive aftermarket customer segments - do-it-yourself, do-it-for-me, buy-for-resale and tires.'' Best wishes, I2

To: LLCF who wrote (87)	5/6/1998 1:01:00 PM
From: Investor2	Respond to of 116

Wednesday May 6, 10:16 am Eastern Time Company Press Release Pep Boys Enters 34th State - Washington PHILADELPHIA--(BUSINESS WIRE)--May 6, 1998--The Pep Boys - Manny, Moe & Jack (NYSE: ''PBY''), the nation's leading automotive aftermarket retail and service chain, announced the opening of its first store in the state of Washington. The 19,900 sq. ft. Supercenter, which is located in Everett, features 10 service bays and more than 27,000 automotive parts, accessories and tires. Pep Boys currently operates 711 stores in 34 states, the District of Columbia and Puerto Rico. Pep Boys' CEO, Mitchell G. Leibovitz, made the following comment: ''Our Everett Supercenter not only represents our first unit in the state of Washington, it marks our entry into the vibrant Pacific Northwest, an area that we believe will be highly successful for Pep Boys.'' Best wishes, I2