Pep Boys 2011 Annual Report Download - page 47
Download and view the complete annual report
Please find page 47 of the 2011 Pep Boys annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37 -
38 -
39 -
40 -
41 -
42 -
43 -
44 -
45 -
46 -
47 -
48 -
49 -
50 -
51 -
52 -
53 -
54 -
55 -
56 -
57 -
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
 |
 |
number of stores the Company had in operation at the end of each of the last four fiscal years, and the
number of stores opened and closed by the Company during each of the last three fiscal years:
NUMBER OF STORES AT END OF FISCAL YEARS 2008 THROUGH 2011
2011 2010 2009 2008
Year Year Year Year
State End Opened Closed End Opened Closed End Opened Closed End
Alabama . . . . . . . . . . . . . . 37 36 — 1 — — 1 — — 1
Arizona . . . . . . . . . . . . . . 22 — — 22 — — 22 — — 22
Arkansas ............. 1 — — 1 — — 1 — — 1
California . . . . . . . . . . . . . 130 4 3 129 6 1 124 6 — 118
Colorado ............. 7 — — 7 — — 7 — — 7
Connecticut ........... 7 — — 7 — — 7 — — 7
Delaware ............. 8 1 — 7 — — 7 1 — 6
Florida . . . . . . . . . . . . . . . 90 30 — 60 7 — 53 10 — 43
Georgia . . . . . . . . . . . . . . 47 22 — 25 3 — 22 — — 22
Illinois . . . . . . . . . . . . . . . 32 3 — 29 4 — 25 3 — 22
Indiana ............... 7 — — 7 — — 7 — — 7
Kentucky ............. 4 — — 4 — — 4 — — 4
Louisiana ............. 8 — — 8 — — 8 — — 8
Maine ............... 1 — — 1 — — 1 — — 1
Maryland . . . . . . . . . . . . . 20 1 — 19 1 — 18 — — 18
Massachusetts .......... 7 — — 7 1 — 6 — — 6
Michigan ............. 5 — — 5 — — 5 — — 5
Minnesota ............ 3 — — 3 — — 3 — — 3
Missouri .............. 1 — — 1 — — 1 — — 1
Nevada . . . . . . . . . . . . . . . 12 — — 12 — — 12 — — 12
New Hampshire ........ 4 — — 4 — — 4 — — 4
New Jersey . . . . . . . . . . . . 36 4 — 32 1 — 31 2 — 29
New Mexico ........... 8 — — 8 — — 8 — — 8
New York . . . . . . . . . . . . . 33 2 — 31 2 — 29 — — 29
North Carolina ......... 8 — — 8 — — 8 — — 8
Ohio . . . . . . . . . . . . . . . . 12 — — 12 2 — 10 — — 10
Oklahoma ............. 5 — — 5 — — 5 — — 5
Pennsylvania . . . . . . . . . . . 53 2 — 51 6 — 45 3 — 42
Puerto Rico . . . . . . . . . . . 27 — — 27 — — 27 — — 27
Rhode Island .......... 2 — — 2 — — 2 — — 2
South Carolina ......... 6 — — 6 — — 6 — — 6
Tennessee ............. 7 — — 7 — — 7 — — 7
Texas . . . . . . . . . . . . . . . . 56 7 — 49 2 — 47 — — 47
Utah . . . . . . . . . . . . . . . . 6 — — 6 — — 6 — — 6
Virginia . . . . . . . . . . . . . . 17 1 — 16 — — 16 — — 16
Washington ............ 9 7 — 2 — — 2 — — 2
Total . . . . . . . . . . . . . . . . 738 120 3 621 35 1 587 25 — 562
INDUSTRY OVERVIEW
The automotive aftermarket retail and service industry is in the mature stage of its life cycle and
while the retail space is dominated by a small number of companies with large market shares, the
automotive service business is highly fragmented. Over the past decade, consumers have moved away
3