Most of us (internet types) buy online now also, poor Pep Boys!
-=Mike
Mike Sype wrote:
> fyi....
>
> Pep Boys Closing 38 Stores: The auto-parts retail
> chain Pep Boys will cut
> about 1,500 jobs and close 38 unprofitable stores and
> two distribution
> centers. The cuts affect 5.4% of the company's
> 28,000-member work force and
> 5.8% of its 655 stores. The company said in a
> statement that it expects the
> cuts to save about $70 million a year on a pretax
> basis. Analyst James M.
> Meyer of Janney Montgomery Scott, who's been following
> Pep Boys for 25
> years, said "Clearly the selling of spark plugs,
> mufflers and brakes is
> becoming a dinosaur because of lifestyle changes and
> because cars are too
> complex to fix without an $80,000 computer." (AP, New
> York Times; Wall
> Street Journal; Los Angeles Times; The Columbian,
> 10/31/00)
>
> Mike Sype
>
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-- -=Mike Kuriger 1991 Isuzu Impulse RS 1.8 2000 Dodge Durango SLT 4x4 4.7 http://www.isuzu-mods.com http://www.twistedbits.net/WWWProfile/dakota/NgFQdD9vkNHNg
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