Philadelphia — Pep Boys has purchased privately held Just Brakes (JBRE, LLC), an automotive repair and maintenance chain, increasing the number of Pep Boys auto service locations to over 900 locations.
Pep Boys
Moorestown, N.J. — Destination Maternity Corporation, the world’s leading maternity apparel retailer, has named David Stern as executive vice president and chief financial officer. He will oversee the finance and accounting, real estate, loss prevention and procurement areas of the company, reporting to Anthony M. Romano, chief executive officer and president.
Nashville, Tenn. and Philadelphia — The Pep Boys – Manny, Moe & Jack and Bridgestone Retail Operations, LLC (BSRO), a wholly owned subsidiary of Bridgestone Americas, Inc., have entered into a definitive merger agreement under which BSRO will acquire Pep Boys in an all-cash transaction for approximately $835 million in aggregate equity value.