I have responded to this question probably 100 times in past 10+ years. ORLY would never be interested. They have 50% of their business with commercial. They would be competitors with half their customers. AZO and AAP have 10-15% commercial.....it's conceivable but this is why PBY doesn't do a fraction of the commercial business that AAP, AZO and ORLY do. As I have said many times, PBY needs to split the company into 3 divisions, retail, service and real estate holdings and give shares in all 3 companies to current shareholders. Then, someone WOULD buy the retail and even perhaps the service but not both.
I could see Sears or Wal-Mart being a buyer. DaninFW
The folks in auto parts don't know a blessed thing about auto service and the folks who do exclusively auto service are not well versed in auto parts.
Your idea about splitting Pep Boys into 3 parts is brilliant.
However, as I have said numerous times before, dividing service from parts would be a real estate nightmare, pouring over into legal and accounting issues. Just not a practical way to go. Now, if only Pep Boys decided to do what the discount retailer Two Guys did over 30 years ago....get out of retail parts and service totally and emerge with just its real estate holdings and development.