Commercial Delivery Rollout Completed.PHILADELPHIA--(BUSINESS WIRE)--July 31, 1998--Pep Boys - Manny Manny may refer to: In nobility:
See: New York Stock Exchange : "PBY PBY US Navy medium to heavy twin amphibious aircraft used for maritime patrol, water bomber, and search and rescue "), the nation's leading automotive aftermarket Aftermarket See: Secondary market. aftermarket See secondary market. retail and service chain, announced that it has completed the rollout of its commercial delivery program. As a result of systems enhancements, the rollout of the program was completed six months ahead of the original schedule. At the present time, 602 of the Company's 723 stores, or 83%, are participating in the commercial delivery program. Although a significant percentage of the stores in the program are still in the early stages of their sales ramp-up, average weekly delivery sales per store reached a new high by exceeding $6,000 during the week ending Saturday, July 25, 1998. Pep (1) (Packet Exchange Protocol) A Xerox protocol used internally by NetWare to transport internal Netware NCP commands (NetWare Core Protocols). It uses PEP and IPX for this purpose. Application programs use SPX and IPX. Boys' CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Mitchell G. Leibovitz, made the following comments: "Thanks to a terrific team effort, we completed the rollout of our commercial delivery program well in advance of our initial expectation. With the rollout behind us, we are focusing our attention on achieving our sales objectives by satisfying the needs of our existing customers at the same time that we continue to expand our commercial customer base. "We continue to believe that the breadth and quality of our product offering as well as our familiarity with the needs of the professional, uniquely positions Pep Boys to be highly successful in the commercial delivery market."
CONTACT: Pep Boys
Nancy R. Kyle, Director of Investor Relations, 215/430-9720
Fax: 215/223-5267
E-mail address:Nancy_Kyle@pepboys.com
Internet:http://www.pepboys.com
|
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion