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About Pep Boys :
The Pep Boys — Manny, Moe & Jack (NYSE: PBY), branded
as Pep Boys
Auto and commonly abbreviated as Pep Boys, is a
full-service automotive after market chain. In 1921, Emanuel (Manny) Rosenfeld, Maurice L. (Moe) Strauss,
andW. Graham (Jack) Jackson opened the first "Pep Auto Supplies" store in Philadelphia ,Pennsylvania.
Currently, Pep Boys, headquartered
in the East Falls section of Philadelphia, has 570 stores and approximately 6,000 service bays in 35 states and
Puerto Rico. Along with its full-service vehicle maintenance and repair capabilities, the company also serves the
commercial auto parts delivery market and is one of the leading sellers of replacement tires in the United States
as well as one of the nation's fastest growing companies.
The original "Pep Boys" were Emanuel "Manny"
Rosenfeld, Maurice "Moe" Strauss, Graham "Jack" Jackson and Moe Radavitz, four friends who pooled $800 in 1921 to
open a single auto parts store. They dubbed it "Pep Auto Supplies" after noticing a shipment of Pep Valve
grinding compound on the shelves.
That name was first changed
because of a policeman who worked near the store. Apparently, every time the officer stopped a car at night for not
having an oil wick burning, he would tell the driver to go see the "boys at Pep" for a replacement. That advice
turned into the name "Pep Boys", which stuck until Moe Strauss took a trip to California around 1923. While there,
he noticed that many successful West Coast businesses used their owners' first names. One he liked in particular
was a dress shop called Minnie, Maude and Mabel's. As soon as he returned to Philadelphia, the business partners
officially changed the store's name to "The Pep Boys — Manny, Moe & Jack" and commissioned the Manny, Moe and
Jack caricatures that still serve as the company's logo. The logo was slightly changed in 1990 to remove Manny's
By the early 1930s, Moe Radavitz had left the business, Pep
Boys had 40 stores in Philadelphia, and Manny's brother, Murray
Rosenfeld, had opened the first West Coast Pep Boys store.