Midas Inc. will eliminate 800 workers -- or 44% of its workforce -- after the Itasca-based chain of auto repair and service shops exits the parts distribution business in favor of an alliance with ...

Repairing Midas Inc. has kicked into high gear. On Thursday, the auto services company handed over its money-losing parts distribution business, which supplies the company’s auto repair shops, to ...

Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. Midas Inc. on Friday said it's trying to sell most of its ...

Following a decision earlier this year to end its parts distribution business, Midas Inc. has turned to AutoZone Inc. to distribute automotive parts and accessories to Midas' 1,670 automotive service ...

Investors welcomed news from Midas Inc. that it's quitting the auto parts distribution business, bidding up the company's shares Thursday. The stock traded midday at $8.70, up $1.10, or 14 percent, on ...

Midas Inc. announced Thursday that it's quitting the auto parts distribution business. Midas, which operates 12 auto service centers in Western New York, announced it will shutter its distribution ...

Midas, a leading parts, accessories and lifestyle equipment chain is celebrating three decades in business. Having survived big hair, leg warmers and the rise and fall of the Sony Walkman, and having ...

ITASCA, Ill. (July 18, 2003) — Uni-Select Inc. of Boucherville, Quebec, Canada, and Midas Inc. have reached final agreement calling for Uni-Select to distribute automotive parts to Midas' 230 ...

South African engineering giant Dorbyl has confirmed it is to sell its high profile Midas chain of spares distributors, in line with its policy of disposing of non-core assets, writes Dave Cumming.