RSSLeading Retailers (UK)

Micheldever’s Protyre retail chain is UK’s fastest growing

Micheldever’s Protyre retail chain is UK’s fastest growing

Tuesday 19th April 2016 | 0 Comments

This year’s UK tyre retail ranking shows that the fastest growing tyre retailer is Micheldever’s Protyre chain, which added some 21 branches to its network in the last year – by far the fastest growth (both in terms of branch count and growth percentage) of any tyre retailer we are tracking. Nevertheless, ETEL remains the largest overall and is also the fastest faller, with the company running 9 points of sale less than in our 2014/2015 research. However, context makes a big difference, so for more on both these stories, read on.

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Tyre retail market in a redistribution phase

Tyre retail market in a redistribution phase

Thursday 23rd April 2015 | 0 Comments

While many of the names of the top 20 tyre retail chains will be familiar, the last year has seen the continuation of a number of so-called right-sizing and redistribution trends, especially at the bottom end of the top 15 between places (positions 11 – 15). At the same time, one or two medium sized retailers have grown significantly since the last survey, resulting in greater influence from this part of the market. At the same time as this, the total number of branches controlled by the top 20 chains continues to grow – pushing the balance of power further in the direction of those retail multiples.

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Modern Tyre Service 9th largest tyre retailer in the UK

Monday 9th June 2014 | 1 Comment

Following the publication of our latest coverage of the development of tyre retail business in the UK in the May issue of Tyres & Accessories (see “Mind the gap: UK retailers continue right-sizing” online and in the print edition), it has come to our attention that one company that has grown into a significant position of influence within the market during the last few years was overlooked.

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UK tyre retail: following pack growing fastest

UK tyre retail: following pack growing fastest

Thursday 17th April 2014 | 0 Comments

Continuing our coverage of developments in the UK tyre retail sector, Tyres & Accessories reports on the following 15 companies in its 2014 top 20 leading UK tyre retailers report. After the market leading five, the next five companies in the top 20 are the fastest growing in our ranking, and probably in the market as a whole. Like Micheldever/Protyre, McConechy’s Tyre Service has grown significantly since our last survey, adding seven branches to its number and pushing its total up to 52. This brings the company’s total back to pre-recessionary levels and could be read as another indication of improving conditions in the market.

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UK tyre retailers continue right-sizing

UK tyre retailers continue right-sizing

Wednesday 16th April 2014 | 0 Comments

Continued branch attrition at some of Britain’s largest tyre retail chains means the line between the top five and the rest of the top 10 has continued to blur. Furthermore, we now have three 50+ branch retail chains outside the top four (which are all 100+) for the first time since Tyres & Accessories started tracking this data five years ago.

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UK tyre retail landscape 2012

Wednesday 30th May 2012 | 0 Comments

Following the publication of our recent overview of developments in the UK tyre retail landscape (Retail: Hold it steady), Tyres & Accessories has now published the accompanying data in table format. This is now available to view 24 hours a day through our tyrepress.com website. Subscribers need only click more to view the details.

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Retail: Hold it steady

Friday 25th May 2012 | 0 Comments

The introduction of tyre labelling is likely to be the greatest change tyre dealers will experience this year. In fact some say it is the biggest adjustment to the business experienced in this tyre retailing generation, something that is likely to be true irrespective of country. Whatever your view, the introduction of this legislation comes at a time when European financial markets remain in turmoil and some of the continent’s largest tyre markets – including the UK – have returned to recession. And this at a time when incoming product prices remain high as a legacy of the last couple of years of raw material cost increases. It all adds up to significant pressure on the retail sector.

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Wholesale changes in UK tyre distribution

Thursday 21st April 2011 | 0 Comments

Like London buses, acquisitions come along in threes - or so the string of recent purchases in the UK tyre distribution sector would make it seem. Between the tail-end of February and the very first days of March, it emerged that Stapleton’s Japanese owner Itochu had bought Britain’s largest tyre retailer Kwik-Fit, Stapleton’s had itself bought North Eastern Tyres & Exhausts, while fellow Grouptyre member King David Tyres had been sold to Malvern Tyres. And what’s more, this movement doesn’t look like it has quite finished yet. In February Harris Brothers sold its four branches to Micheldever Tyres Services, bringing the company’s retail depot count to 53 and counting. True, this overview is lumping changes in the wholesale business together with developments in the retail sector, but as history and recent events tell us the two parts of the trade are inextricably linked.

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