The recent announcement that Sonic Automotive CEO, Jeff Rachor, has left to head Pep Boys, Inc. has sparked a litany of related articles covering both companies' staffs (both former and present) as well as, the respective business models.
Industry analyst, Jerry Marks, has written a couple of articles on the move now and while he may not necessarily share the same view of everyone in the industry, his general consensus is that this provides a significant opportunity for Manny, Moe & Jack.
One article in particular priovides some very interesting facts regarding the automotive aftermarket industry and the potential Rachor may be able to capitalize on. Pep Boys has been criticized in the past for merging a DIY retail business with a "big box" service one. However, Rachor has a solid track record with Sonic and likely wouldn't have left, had he not also seen that potential.
At a time when the industry is poised for a significant shifts, it will be interesting to see how the Pep Boys' future plays out, not to mention how the vacuum left in Rachor's wake fills in.
To see the article by Marks, click here.
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