Monro, Inc. and Amazon Expand Collaboration to Provide Tire Installation Services Across Eastern United States
October 11 2018 - 7:30AM
Monro, Inc. (Nasdaq: MNRO), a leading provider of automotive
undercar repair and tire services, today announced it has expanded
its collaboration with Amazon.com to provide tire installation
services at over 330 additional Monro retail tire and automotive
service locations in 10 states across the Eastern United States.
Brett Ponton, President and Chief Executive
Officer, said, “We’re pleased with the results of the initial
launch of our collaboration with Amazon.com, and are now expanding
this option for tire installation to Amazon.com customers at a
total of nearly 400 locations across the Eastern United States. Our
preferred tire agreements with online retailers are a key
initiative of our omni-channel strategy, and this expanded
collaboration underscores the strong progress we have made as we
continue to develop our online presence.”
Initially launched in the greater Baltimore
area, these tire installation services are now available to
customers who purchase tires from Amazon.com and select the
Ship-to-Store option at nearly 400 locations operating under a
number of Monro brands in Georgia, Florida, Illinois, Indiana,
Ohio, Maryland, Michigan, New York, Tennessee and Virginia. Over
the course of the next year, Monro plans to make these services
available to Amazon.com customers at more than 1,170 retail
locations across 28 states.
Earlier this year, the Company launched its
Monro.Forward strategy, which focuses on driving operational
excellence and delivering a consistent best-in-class customer
experience. The Company’s expanded collaboration with Amazon.com is
a key component of its customer-centric engagement and omni-channel
initiatives.
About Monro, Inc.
Headquartered in Rochester, New York, Monro is a
chain of 1,178 Company-operated stores, 97 franchised locations,
nine wholesale locations and three retread facilities providing
automotive undercar repair and tire sales and services. The Company
operates in 28 states, serving the Mid-Atlantic and New England
regions and portions of the Great Lakes, Midwest and Southeast. The
predecessor to the Company was founded by Charles J. August in 1957
as a Midas Muffler franchise. In 1966, Monro began to diversify
into a full line of undercar repair services. The Company has
experienced significant growth in recent years through acquisitions
and, to a lesser extent, the opening of newly constructed stores.
The Company went public in 1991 and trades on The Nasdaq Stock
Market under the symbol MNRO.
CONTACT:
Kim RuddExecutive Assistant (585) 784-3324
Investors and Media: Melanie DambreFTI Consulting(212)
850-5600
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