Pep Boys To Provide Service / Maintenance

[Jeff Porter]

The CEO resigning could be a sign of something bad, or it could be a sign that change needed to happen and something good will come of it. We'll have to sit back and monitor it.

 

[Norahsbed]

Or it could be he just wanted to move on! Sometimes a job just doesn't do it for you anymore, if there's no challenge or your authority is constantly undermined by the board. Life is short, move on, is my motto!

 

[Norahsbed]

http://www.cnbc.com/id/102035862

Texconsin, thanks for the news!

 

[wjdom]

I agree with Jeff, I worked in retail for 34 years and sometimes change at the top is a good thing. Pep Boys won't be "going under" any time soon, with 800 stores in various markets there is room and time to adjust to the market. I see business picking up some time in late 2015, early 2016 (thanks Elio).

 

[#491]

No big deal at all. Look at all the companies reciently that underwent drastic restructuring. Heck, if it wasn't for the government (and MY tax dollars) GM and Chrysler whould have (should have) closed. Stand on your own two feet and get off mine! Before I wonder off track... Pep Boys has alot going for it and if you ever been in one you'll know why. Largest auto store I've been in with the most selection. No hard time when I drop off my used oil and fair and honest pricing on their services with the full faith and backing of a national chain. Although I currently use a family owned service station for minor maintenance and inspections you can't beat Pep Boys.

They will cut the fat like getting rid of overpaid CEO's, look at inventory options, conduct a PR facelift and be back on track in no time.

 

[UCF'73]

http://www.cnbc.com/id/102035862

Back in the day trading days, they used to call this a "buying opportunity."

 

[Norahsbed]

Back in the day trading days, they used to call this a "buying opportunity."

Especially after yesterday's big dump on the stock market, our 401k lost several gallons of blood yesterday.

 

[#491]

Especially after yesterday's big dump on the stock market, our 401k lost several gallons of blood yesterday.

A few quarts at least
DOW: 16945.80 -264.26

 

[UCF'73]

Especially after yesterday's big dump on the stock market, our 401k lost several gallons of blood yesterday.

Don't worry, it's only temporary. Greed almost always wins out over fear.

 

[zelio]

http://www.cnbc.com/id/102035862

Thanks for posting. This won't affect us because we live in one of the states where Pep Boys does not exist. :-) Z