NTB (National Tire and Battery) |
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Official Site: NTB.com
Wikipedia: National Tire and Battery Page Sections History Article Index |
History
The following section is an excerpt from Wikipedia's National Tire and Battery page on 16 July 2020, text available via the Creative Commons Attribution-ShareAlike 3.0 Unported License.
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.
Sears created the brand in 1997 by consolidating the Tire America (TA) and National Tire Warehouse (NTW) brands, adding the "B" to include its DieHard brand of batteries. Sears original acquired both Tire America and National Tire Warehouse in 1988 when it acquired its then parent Western Auto Supply.
In 2003, Sears sold the brand, which consisted mostly of stores set apart from its name brand stores, to TBC Corporation. A Sears spokesman said "Because of the separate branding and the lack of proximity to our retail operations, we weren't able to drive growth like a TBC could". The chain of 226 stores was reported to have brought in $425 million in revenue and $60 million in profit in 2002.
TBC Corporation includes Tire Kingdom, Merchant’s Tire and Auto Centers and Big O Tire stores. Together they operate more than 1,200 locations in 41 states Washington DC, Alberta & British Columbia, Canada.