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Discount Tire. The Reinalt-Thomas Corporation, doing business as Discount Tire and America's Tire, is an independent tire and wheel retailer. It operates in 38 of the lower 48 states, and headquartered in Scottsdale, Arizona. Founded in 1960, it is considered the largest independent retailer of tires and wheels in the world. [ 1][ 2]
The company now offers 24 tire brands and has ten warehouses in nine states. [ 3 ] [ 5 ] Customers who pick up orders from a warehouse location are offered a discount. After 26 years of being a privately-owned family company, Los Angeles-based investment group Leonard Green & Partners took a 49% stake in the company with the Veldman family ...
In September 2013, Pep Boys acquired 18 Discount Tire Centers in Southern California, enabling the company to boast, "Seventy-five percent of Los Angeles-area residents now live within three miles of Pep Boys." [5] In September 2014, Mike Odell resigned as president and CEO and John Sweetwood became Interim CEO. [18]
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Bruce Halle. Bruce Thomas Halle [2] [3] (May 27, 1930 – January 4, 2018) was an American businessman, and the founder and chairman of Discount Tire. [1] [4] He was the wealthiest person in Arizona, with an estimated net worth of $5.2 billion at the time of his death. [5]
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