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Acquisitions
3 Months Ended
Jun. 25, 2011
Business Combinations [Abstract]  
Mergers Acquisitions And Dispositions Disclosures [Text Block]

Note 2 – Acquisitions

 

       The Company's acquisitions are strategic moves in its plan to fill in and expand its presence in its existing and contiguous markets, and leverage fixed operating costs such as distribution and advertising.

 

       On June 5, 2011, the Company acquired 24 retail tire and automotive repair stores located in Pennsylvania and New Jersey from Vespia Tire Centers, Inc. (“Vespia”). These stores produced approximately $36 million in net sales in 2010 based on unaudited pre-acquisition historical information. The acquisition was financed through the Company's existing bank facility. The results of operations of these acquired stores are included in the Company's results from June 5, 2011.