Sears created the brand in 1997 by consolidating the Tire America (TA) and National Tire Warehouse (NTW) brands, adding the "B" to include its
DieHard brand of batteries. Sears originally acquired both Tire America and National Tire Warehouse in 1988 when it acquired its then parent
Western Auto Supply. In 2003, Sears sold the brand, which consisted mostly of stores set apart from its name brand stores, to
TBC Corporation. A Sears spokesman said, "Because of the separate branding and the lack of proximity to our retail operations, we weren't able to drive growth like a TBC could". The chain of 226 stores was reported to have brought in $425 million in revenue and $60 million in profit in 2002.
TBC Corporation includes
Tire Kingdom,
Merchant's Tire and Auto Centers and
Big O Tire stores. Together they operate more than 1,200 locations in 41 states, the District of Columbia, and the Canadian provinces of
Alberta and
British Columbia. In February 2020, TBC entered into an agreement with
Mavis Discount Tire of New York to consolidate its footprint of locations by selling 112 NTB stores in
Philadelphia,
Boston,
Atlanta and
Chicago areas to Mavis, with approximately 512 NTB locations remaining under NTB's ownership. == Services ==