A little less Pep…

...yes, a Philly institution is being sold off.

…In our step knowing that the Allegheny Avenue Pep Boys, owned by billionaire Carl Icahn, will soon be closing, the Inquirer reported on Sunday. The company, which turned 100 in the New Year, suffered losses in recent years due to a credit rating downgrade and was forced to close stores and garages across the country. Many are criticizing the move, saying that Philly – and the northeast especially – rely on Pep Boys’ investment for jobs. Manny, Moe and Jack were unavailable for comment.