June 23, 2015 |
Lester Rosenfeld, 89, of Blue Bell, the son of a Pep Boys cofounder and an avid Philadelphia philanthropist, died Thursday, June 18, of lung cancer at home. Mr. Rosenfeld worked his way up in the automotive business from storing used auto parts in the back room to eventually following his father, Emanuel "Manny" Rosenfeld, into the East Falls corporate office. His father was one of the famed Pep Boys - Manny, Moe, and Jack - who in 1921 founded the auto supply and repair business in Philadelphia.
March 18, 2015 |
"How dry I am, how wet I'll be, if I don't find the bathroom key. " NOT SO very long ago, the urge to go was the first clue that we'd had too much to drink at a bar, party or concert. Other telltale signs? The inability to walk a straight line or finish a thought. And irrepressible laughter when watching an Adam Sandler movie. Then there were the really glum signals - being arrested for DUI or, by far the worst, getting into an accident. That could leave you with a lifetime of regret, expensive legal fees, a suspended license or even jail time.
January 14, 2015 |
FROM THE coolest cars to the sexiest TVs, helpful health nudgers to smart playthings for your little ones, this year's International CES had something for every gadgeteer. Gizmo Guy is still coming down from the rush and overload - Five days! 20,000 products! - but rarin' to share my personal best discoveries at the show. TOYOTA MIRAI: While self-driving cars garnered media attention, Toyota's hydrogen-fuel-cell-powered Mirai sedan was the real world-changer. It manages 0 to 60 mph in 9 seconds, runs 300 miles on a tank of the air-extract, refuels in four minutes and is so pollution-free you can leave it running in the garage during a power outage to supply emergency power for up to a week!
September 28, 2014 |
In a shake-up of its leadership, Pep Boys - Manny, Moe & Jack announced Friday that chief executive officer Michael Odell had resigned, effective immediately. The familiar Philadelphia auto-parts and service company said director John Sweetwood, 66, would be interim CEO while the board searches for a permanent CEO from among internal and external candidates. Odell, 50, joined Pep Boys in September 2007 as chief operating officer. Before that, he had been executive vice president and general manager of Sears Retail & Specialty Stores.
September 3, 2014 |
A slight drizzle began falling, but the teenagers filling up two flatbed trucks in the Acme parking lot didn't appear bothered. This parade assembling in the lot in Newtown Square, Delaware County, was for them. "Everybody look over, there's Mrs. Mathes," a coach told the Broomall Newtown Babe Ruth baseball players on the two trucks. Suzanne Mathes, up on the sidewalk, focused her camera on both trucks. She had grandsons on each, and each were national champs. Sunday's parade was to honor the 15-year-old and 13-year-old teams from Broomall Newtown Babe Ruth.
May 22, 2014 |
Golden Gate Capital , the San Francisco firm that has agreed to pay $2.1 billion for Darden Group's ailing Red Lobster restaurant chain, relies for most of its financing for the deal on property mogul Nicholas Schorsch , who has built a national real estate finance business since moving his base from Jenkintown to New York during the last recession. Schorsch's American Realty Capital Properties Inc. agreed last week to pay $1.5 billion for more than 500 Red Lobster restaurants, which it plans to lease back to Golden Gate to try to fix. Golden Gate, which also owns Payless ShoeSource, Eddie Bauer , and California Pizza Kitchens , is borrowing from Deutsche Bank and other lenders to raise the remaining $600 million for an attempted turnaround of Red Lobster's business and brand, which has suffered as shrimp prices have soared and newer eating places have grabbed customers.
May 1, 2014 |
For Ken Sylvester, the road to being a tire mogul started under the hood. Sylvester, president of United Tire & Service Co., began his career as an auto mechanic. A switch to tires, and a quarter-century later, Sylvester finds himself leading a David vs. Goliath effort to keep local dealers like himself on equal footing against the Pep Boys and Mr. Tires of the world. "There are a lot of large tire chains coming into the market and buying up as many of the mom-and-pop shops as they can," said Sylvester, who started in the business, with a partner, by owning stores in Ambler and Bustleton.
April 29, 2014
The Society of Cable Telecommunications Engineers , a nonprofit professional association in Exton, has hired Lindsay Johnston as senior vice president, operations. Johnston, who played a leading role in the post-merger transition of Comcast Programming Properties employees to NBCUniversal, has been senior vice president, human resources, for Comcast Programming Properties. Prior to Comcast, she served as deputy general counsel and later as vice president, human resources, with PJM Interconnection.
April 17, 2014 |
Jane Scaccetti, a certified public accountant, the well-connected chair of Temple Health System , a director of Pep Boys , and ex-wife of State Sen. Vincent J. Fumo , dances in front of City Hall. Ronald Drucker , CPA and law school grad, steps lively in a video montage of bopping tax partners. Associates and interns bop out of cubicles, shimmy in hallways, and spill through the Market Street West skyscraper district, sort of in time. It's not Soul Train , or American Bandstand , or the smooth dancers-in-suits show over the elevator banks at Comcast headquarters.
March 26, 2014 |
Robert P. Strauss, 82, a former Bryn Mawr resident and Pep Boys Auto Stores executive, died of causes related to aging Thursday, March 20, at his retirement home in Manalapan, Fla. Born in Philadelphia and raised in Merion, Mr. Strauss graduated from Episcopal Academy. A standout athlete, he led the school in varsity basketball and was chosen an All-Philadelphia player in 1948 and 1949. He went to Duke University on an athletic scholarship and was coached by the legendary Red Auerbach, who went on to fame as coach of the Boston Celtics.