Point S USA announced last week that they will be expanding operations to Tennessee with a distribution partnership in Memphis. This partnership will create Point S USA’s fourth Distribution Center with access to over 120,000 square feet of tire warehousing.
Walter Lybeck, CEO of Point S USA was proud to announce, “this expansion is in line with our strategic growth plans across the United States. We’ve developed a strong retail presence in 15 Western States, and this represents the next step with our commitment to helping independent tire store owners across the country.”
“This is a new distribution model for Point S USA, and demonstrates an ability for our Cooperative to be nimble as we grow. We’ll now have the opportunity to more efficiently extend our independent branded retail story and delivery of our competitive tire pricing to new markets.
Clint Young, Director of Sales & Business Development at Point S USA said, “We’re excited to help the independent retail tire store owner compete and win throughout this region. We feel our concept of supporting independent tire store owners with a great brand and a full menu of programs and services will be a narrative that is fresh and sought after in this part of the country.”
Point S Tire & Auto Service USA, a cooperative, is made up of over 200 stores in 15 states.
“Through our co-op structure we will give retail tire store owners all the benefits of our economies of scale and a proven worldwide brand that only exists to support them. In the immediate short-term we expect fast growth from this market, and we’ll achieve critical mass in the next few years. We believe this partnership provides us the capacity to service an additional 50 future Point S Member locations,” said Young.
Point S has 3,500 branded locations worldwide in 32 countries and four continents and sells over 16 million units annually. By 2020, Point S expects to be the third-largest independent retail tire chain in North America. Fabien Bouquet, CEO of Point S International head office added “North America is a strategic growth area for us, and this exciting development demonstrates the ability of our Member Countries like Point S USA to accomplish this goal. Close to 200 new retail locations have joined our International network this year.”