Discount Tire

Discount Tire Company is an independent tire and wheel retailer. Discount Tire operates in most of the lower 48 states in the United States, and is the largest independent tire and wheel retailer in the world. The company is headquartered in Scottsdale, Arizona.[1]

Not to be confused with Tire Discounters.
Discount Tire Company
TypePrivate company
IndustryIndependent Tire Retailer
Founded1960 (1960)
Ann Arbor, Michigan, US
Headquarters
Scottsdale, Arizona, U.S.
Number of locations
1157 stores in 38 States (OCT. 2023)[1]
Key people
Bruce Halle, founder
Dean Muglia, CEO
Michael Zuieback, Executive chairman
, COO
Christian Roe, CFO
ProductsTires (new and used), wheels, tire pressure monitoring sensors, lug nuts, windshield wiper blades
ServicesWheel and tire installation, rotation, and balancing, flat tire repair, seasonal tire changeover, tire inspection, sensor service
RevenueIncrease US$5.2 billion (2019)[2]
Number of employees
25,000-plus (2021)[3]
Websitediscounttire.com

Company history

Discount Tire was founded in 1960, in Ann Arbor, Michigan, by Bruce T. Halle. The company grew to over 200 stores by 1990 and opened its 500th store in 2002. On September 10, 2018, Discount Tire opened its 1000th store in Phoenix, Arizona.[4] Discount Tire entered the northeast market with a location in Pittsburgh, Pennsylvania, in February 2020; it has grown from a small business into the largest retailer of tires and wheels in the world.[5][6]

Discount Tire is a subsidiary of The Reinalt-Thomas Corp.[7] Halle was the first CEO and Executive Chairman, followed by Tom Englert, followed by Michael Zuieback, followed by Dean Muglia, with Zuieback assuming the Executive Chairman role.

In the spring of 2021, Discount Tire started selling windshield wiper blades, its first product sold other than tires or wheels.

Discount Tire announced its acquisition of Tire Rack in December 2021.[3]

Marketing

In 2005, Discount Tire's "Thank You" commercial entered the Guinness World Records as longest continuously running TV commercial.[8][9] This commercial depicts an old woman played by Maxine Olmstead[10] hurling a tire through a Discount Tire store window as the voiceover says, "If ever you’re not satisfied with one of our tires, please feel free to bring it back. Thank you."[11] The ad first aired in 1975.

Discount Tire sponsors the number-2 Ford Mustang driven by Austin Cindric in the NASCAR Cup Series. It also sponsors Monster Energy AMA Supercross.[12]

Regional names

Discount Tire is known as America's Tire in Northern and Central California, along with the Greater Los Angeles area and the Coachella Valley. In Southern California, this name is used because of the pre-existence of an unrelated 36-store chain called Discount Tire and Service Centers. In the Bay Area, America's Tire is used because of the pre-existence of an independent tire shop known as Discount Tire in the suburb of Concord. In San Diego County, the company operates as Discount Tire. The company also operates as Discount Tire in Ohio and surrounding states despite the existence of the rival Tire Discounters chain. Despite the similar names, the two chains are unrelated.

See also

References
  1. Discount Tire corporate Retrieved Dec. 2021
  2. Discount Tire on Forbes Retrieved June 15, 2021
  3. "Discount Tire Is Acquiring Tire Rack". www.moderntiredealer.com. Retrieved December 6, 2021.
  4. Company Milestones Retrieved March 7, 2015
  5. "Discount Tire on the Forbes America's Largest Private Companies List". Forbes. Retrieved March 7, 2015.
  6. Modern Tire Dealer Top 100 for 2014 Archived March 8, 2015, at the Wayback Machine Retrieved March 7, 2015
  7. "Michael Zuieback is Discount Tire's new CEO".
  8. "Longest running TV commercial". Guinness World Records. Retrieved October 8, 2018.
  9. "Classic Discount Tire Commercial Earns Guinness World Record for Longest Running TV Commercial and Makes It into the 50th Anniversary Book". Business Wire. October 12, 2004. Retrieved August 3, 2010.
  10. Ruelas, Richard. "Bruce Halle and Discount Tire's historic TV ad". AZCentral.com. Retrieved January 16, 2020.
  11. "Awards & Recognition" (Press release). Discount Tire Company. January 5, 2013. Retrieved July 17, 2014.
  12. Discount Tire Sponsorships Retrieved March 7, 2015
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