Here's some information about the Sears Tires sale of National Tire and Battery (NTB):
"Sears Tires today announced it has entered into a definitive agreement to sell its National Tire & Battery (NTB)business to TBC Corporation for $260 million. Sears expects to recognize a pretax gain in the range of $50 million to $100 million on the deal."TBC Corporation owns Big O Tires and Tire Kingdom.
In recent years Sears Tires has been under pressure from Walmart Tires and also online car tire stores such as The Tire Rack and Tires Easy.
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A tire or tyre is a ring-shaped covering that fits around a wheel rim to protect it and enable better vehicle performance by providing a flexible cushion that absorbs shock while keeping the wheel in close contact with the ground. The word itself may be derived from the word "tie," which refers to the outer steel ring part of a wooden cart wheel that ties the wood segmentsTires For Sale
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