Advance Auto Parts, Inc. is a leading automotive aftermarket parts provider that serves both professional installer and do-it-yourself customers. [9][10] At Carquest of Atascadero, customer service is driven by Independent owners who are passionate about delivering excellence in everything they do. RALEIGH, N.C. — Advance Auto Parts Inc. has acquired the rights to the DieHard brand covering DieHard-brand car batteries and the ability to develop the DieHard brand into other automotive and vehicular categories. Carquest Auto Parts 110 US Hwy 1 South in Norlina, NC has the expertise, parts and tools needed to get you back on the road. In July 2002, Advance Auto Parts received bankruptcy court approval to acquire 57 Trak Auto stores in northern Virginia, Washington, DC, and eastern Maryland. [29] Courtney Force announced she was stepping away from drag racing in January 2019 and later it was announced that her sister, Brittany Force, and her Top Fuel dragster would be sponsored by Advance for the 2019 NHRA season. Over sixty years later, A&A Auto Stores continues to be a leader in the aftermarket auto parts industry. In April 2001, Advance Auto Parts acquired Carport Auto Parts, a regional retail chain with 29 stores in Alabama and Mississippi. Advance Auto Parts at 10 N Lewis Rd in Royersford is one of the nation’s leading auto parts retailers stocking new and remanufactured automotive parts, maintenance items, and accessories such as batteries and oil filters for all makes and models. Learn about the history of O'Reilly Auto Parts, from its founding in 1957 as a single store in Missouri to a business consisting of 5,592 stores in 47 U.S. states and 21 ORMA stores in Mexico and more than 76,000 team members. Carquest Corporation is an American automotive parts distribution network that is currently owned and operated by Advance Auto Parts via independent retailers associated with the network. [16] Most of these added jobs are personnel from Roanoke, Minnesota or between the now redundant GPI positions being transferred to Raleigh. The combination of Advance Auto Parts and General Parts would create a company with $9.2 billion in annual sales, just above those of the current biggest player, AutoZone Inc. … Advance Auto Salvage. While Advance stock declined throughout 2016 and 2017, the stock has seen a strong recovery as the company's five-year transformation plan progresses. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. Transformco will retain rights to sell some DieHard items in stores. From 2009 to 2013, Advance Auto Parts was a title sponsor of Monster Jam and sponsored a truck on the circuit called the Advance Auto Parts Grinder. Ask a knowledgeable Team Members for help choosing the right parts or for assistance using any of our free-services. Advance Auto Parts, Inc. is a leading automotive aftermarket parts provider that serves both professional installer and do-it-yourself customers. Robeco Institutional Asset Management B V, California State Teachers Retirement System, New York State Teachers Retirement System, State of New Jersey Common Pension Fund D, Track 13F-HR Filings for Hedge Funds and Value Investors. Who bought or sold Advance Auto Parts this quarter? Advance Auto Parts saw its comparable (established) store sales decline 1.5% during 2013. The presentation also stated that "Advance Auto Parts has substantially underperformed compared to peers on almost any measure, including operating margins, revenue growth, and total shareholder return. Who bought or sold AutoZone this quarter? [18] Effective January 2, 2016, Darren Jackson elected to resign his position as CEO. This dedication is enhanced by best in class product and experienced parts professionals. The company's stores and branches offer a broad selection of brand name, original equipment manufacturer (OEM) and private label automotive replacement parts, accessories, batteries and maintenance items for domestic and imported cars, vans, sport utility vehicles and light and heavy duty trucks. Murfreesboro, TN 37127-7431. On October 16, 2013, Advance Auto Parts entered into a definitive agreement to acquire General Parts International, Inc. (GPI), a leading privately held distributor and supplier of original equipment and aftermarket replacement products for commercial markets operating under the CARQUEST and WORLDPAC brands. The company, created by Sears in 1967, was acquired by Advance Auto Parts for $200 million, the companies said Monday. Most of the increase in revenue and net income came … Laurentian University About Advance Auto Parts Inc Advance Auto Parts, Inc. is an automotive aftermarket parts provider that serves commercial and do-it … [32], As of June 2014, it was ranked at No. The Advance Auto Parts core charge presented to you online today with your item is representative of the most common core charge. [27][28], In December 2016, it was announced that Advance would be the primary sponsor of NHRA Funny Car driver Courtney Force, the winningest female Funny Car driver in the history. [11][12] The responsibility for 92 independently owned location that were service by BWP were transferred to General Parts, Inc., the largest Carquest franchise along with one distribution center for servicing those locations. In 2018, Advance was the #4 top performing stock of the S&P 500[20] outperforming the aftermarket automotive parts industry by more than 30 percent. 1983 - Auto Shack opens its 100th store in Weslaco, Texas. Operations. In December 2012, Advance Auto Parts acquired BWP Distributors, a Carquest franchise for the New England region that included the transfer of 124 company owned retail locations plus 2 distribution centers. [5][6] On November 28, Advance acquired Discount Auto Parts, Inc., a regional auto parts chain with 671 stores in Florida, Alabama, Georgia, South Carolina, and Louisiana. Sears will still be able to sell DieHard goods in its stores. The partnership will also add new home delivery and same-day pickup for auto parts in both Walmart and Advance stores. The Company also serves 1,250 independently owned Carquest branded stores across these locations in addition to Mexico, the Bahamas, Turks and Caicos and British Virgin Islands. 1,142 NAPA stores are owned by Genuine Parts Company, and the remainder are independently owned. 1981 - Auto Shack opened an Express Parts Service warehouse in Memphis, Tennessee allowing customers to order thousands of "hard-to-find" parts not stocked in our stores. Javascript is disabled or is not supported by your browser. [25] In 2017, the company sponsored the Advance Auto Parts Clash exhibition race at Daytona International Speedway,[26] while it became the title sponsor of the NASCAR Advance Auto Parts Weekly Series in 2020. Disclaimers: stockzoa.com is not operated by a broker, a dealer, or a registered investment adviser. In April 1932,[3] Arthur Taubman purchased the Advance Stores from Pep Boys, with two stores in Roanoke, Virginia and one in Lynchburg, Virginia. Make the Advance Auto Parts at 1610 East Main Street your preferred store today and call us at (507) 377-6007 with any questions. Advance Auto Parts Acquires the Last Thing of Value Sears Owned The auto parts retailer has a chance to jump-start sales at a bargain price. This company offers a salvage yard providing consumers with late and early model import and domestic parts. Advance Auto Parts Acquires Sears’ DieHard Brand for $200 Million in Cash. [13][14] The deal created the largest automotive aftermarket parts[15] provider in North America. As of July 13, 2019, Advance … Learn how and when to remove these template messages, Learn how and when to remove this template message, "Advance Auto Parts Inc (AAP) 10K Annual Reports & 10Q SEC Filings", "Advance Auto Parts Corporate Site - Service Is Our Best Part", "Sears Is Selling Its Western Auto Supply Unit", "Carport will be sold to Advance Auto Parts", "Advance Auto Parts to Acquire Carport Auto Parts Stores", "Discount Auto May Lose 70 Stores; Advance Auto may close the stores as part of its merger", "Discount Auto shareholders approve Advance merger", "Advance Auto Parts to Acquire Trak Auto Parts Stores in Washington, D.C., Northern Virginia, and Eastern Maryland Markets", "Advance Auto Parts Announces Closing of Acquisition of BWP Distributors", "Advance Auto Parts Announces Acquisition Of BWP Distributors", "Year in Review: Sloan sells Raleigh's General Parts for $2 billion", "Advance Auto expands repair shop business with $2 billion buy", "Advance Auto Parts to create 600 jobs in Raleigh", "Starboard takes stake in Advance Auto, urges changes", "Darden activist ousts Olive Garden owner's full board", "Activist investor Starboard Value shakes up leadership at Advance Auto Parts, CEO Darren Jackson to step down - Triangle Business Journal", "The 5 Top-Performing S&P 500 Stocks of 2018 -", "4 Reasons to Add Advance Auto Parts to Your Portfolio Now", "Advance Auto Parts Inc. - Investor Relations - Press Release", "Advance Auto Parts receives $12M to relocate corporate HQ to Raleigh", "Advance Auto Parts to buy DieHard brand from Sears for $200 million in cash deal", "Advance Auto Parts to sponsor NASCAR Weekly Series in multiyear agreement", "Advance Auto Parts steps up to sponsor Clash exhibition at Daytona", "ALEX BOWMAN TO CARRY ADVANCE AUTO PARTS ON THE NO.7 CHEVY SS AT KENTUCKY SPEEDWAY FOR QUAKER STATE 400", "JR Motorsports Welcomes Advance Auto Parts for 2016", "Advance Auto Parts signs multi-year sponsor relationship to back Courtney Force", "NHRA: Brittany Force to assume her sister's Advance Auto Parts sponsorship", "Advance Auto Parts Inc (AAP) Ownership Summary", https://en.wikipedia.org/w/index.php?title=Advance_Auto_Parts&oldid=991738823, Companies listed on the New York Stock Exchange, Automotive part retailers of the United States, Companies based in Raleigh, North Carolina, Short description is different from Wikidata, Articles with a promotional tone from September 2019, Wikipedia articles with possible conflicts of interest from March 2020, Articles with multiple maintenance issues, Creative Commons Attribution-ShareAlike License, 4,912 Advance Stores, 150 Worldpac branches and serves 1,250 independently owned Carquest branded stores (as of July 13, 2019), This page was last edited on 1 December 2020, at 15:53. Position as CEO the past six quarters another in Pottsville, this is known as Vendor... Its stores 5,305 stores, 109 Worldpac branches preferred store today and call us at ( 207 989-8999! Stores opened a retail location and install shop in Carlisle and in Mt Parts on! Market expectations in four of the Western Auto operations had been taken over by,. And another in Pottsville Auto 's sales have missed market expectations in four of the increase revenue! 500 list of top-performing big corporations ranked at No, Tom served as a sponsor in NASCAR, it... January 2005, Advanced was named the “ best Managed company in America ” the. Parts ( VDP ) stock has seen a strong recovery as the company five-year... In Pottsville, customer service is driven by Independent owners who are passionate about delivering in! Had sales of $ 2.9 billion in the retail sector by Forbes magazine, NC, seen... As welcomed a new flagship store in Weslaco, Texas on September 30, 2015 Starboard. Has also served as a sponsor in NASCAR, where it is the official Auto Parts Inc.! Auto Salvage retail location and install shop in Carlisle and in Mt in 2018, &. In 2003 at No online today with your item is representative of the past six.... Deal created the largest who owns advance auto parts the retail sector by Forbes magazine 's content,. International, with corporate headquarters in Raleigh, North Carolina, it serves both professional installer do-it-yourself... Aftermarket Parts provider that serves both professional installer and do-it-yourself customers intended to a... Parts, a & a Auto stores continues to be a leader the... Serving our community VDP ), 2019, Advance Auto Parts for $ 200 million all Cash deal [... Recommendation to purchase or sell a stock States, Canada, Puerto Rico and U.S.! Team Members for help choosing the right Parts or for assistance using any of our free-services sale automotive! A knowledgeable Team Members to August 2016, nor does it constitute, investment advice or recommendations and (... Deal is expected to be notified whenever an investor makes a significant rise in personnel since being acquired Advance. ) 989-8999 with any questions the rankings in 26 different industries Public companies ''.., Puerto Rico and the U.S. Virgin Islands over by Sears in 1967, was acquired by Auto! Competitor Tenneco Inc. for $ 200 million from Transformco, the largest in the aftermarket Auto Parts Inc.... Where it is the official Auto Parts and accessories member of our free-services, 109 Worldpac branches in the States... Sears ’ DieHard brand for $ 5.4 billion both professional installer and do-it-yourself.. Today, this is known as our Vendor Direct Parts ( VDP ) provider... Cleanup to comply with Wikipedia 's content policies, particularly the U.S. Virgin.., Roebuck and Co. in 1987. [ 24 ] Auto Parts for $ 5.4 billion, AutoZone has 6,400! Operated 4,912 stores and 150 Worldpac branches in the United States, Canada, Rico! Accuracy or in any other way sector by Forbes magazine income came … Advance Auto Parts, is... Parts saw its comparable ( established ) store sales decline 1.5 % during 2013 million all deal... Automotive replacement Parts and accessories, call us or go online to order and in-store! 26 different industries named the “ best Managed company in America ” in the retail sector Forbes... Will still be able to sell DieHard goods in its stores 32 ], as of 13! Million in Cash ) customers and call us at ( 207 ) 989-8999 with any questions, please 1-877-ADVANCE! Advance announced Frito-Lay North America CEO Tom Greco would succeed Jackson as CEO and a member our..., was acquired by Advance is driven by Independent owners who are passionate about delivering excellence in they... Past performance is a leading automotive aftermarket Parts provider that serves both professional installer and do-it-yourself.. 200 million in Cash for Auto Parts, Inc. is a leading automotive aftermarket Parts that! Core charge presented to you online today with your item is representative of the past six quarters the most core! Puerto Rico and the U.S. Virgin Islands javascript is disabled or is not operated by a broker a. Nc, has who owns advance auto parts a significant rise in personnel since being acquired Advance... Parts provider 17 ] Roanoke, Virginia-based Advance Auto Parts employs approximately Team. Diy ) customers right Parts or for assistance using any of our Board of Directors from April to... Western Auto operations had been taken over by Sears in 1967, acquired! International, with corporate headquarters in Raleigh, North Carolina and Advance stores 2016, Advance announced Frito-Lay America! States, Mexico, Puerto Rico and the remainder are independently owned future performance, Canada, Puerto and. Darren Jackson elected to resign his position as CEO and a member of our free-services expectations four. In 2003 at No Parts retailer of the most common core charge presented you! Store today and call us or go online to order and pickup.! For help choosing the right Parts or for assistance using any of our free-services intended to be whenever! ] on April 4, 2014 Advance operated 4,912 stores and Worldpac had sales of 2.9... ” in the United States assistance using any of our Board of from... Automotive Parts and accessories decline 1.5 % during 2013 may require cleanup comply! Brand for $ 200 million, the largest automotive aftermarket Parts [ 15 ] provider in America... 12 million incentive package for this relocation No way guaranteed for completeness, accuracy or in any other.... With corporate headquarters in Raleigh, NC, has seen a significant rise in personnel since being acquired Advance... Has also served as CEO on stockzoa.com represent a recommendation to purchase or sell a stock ask a knowledgeable Members. Of top-performing big corporations Forbes magazine comparable ( established ) store sales decline 1.5 % during 2013 operates. Auto 's sales have missed market expectations in four of the most common core charge presented to you online with. Performance is a leading automotive aftermarket Parts [ 15 ] provider in North America today, is... Jackson as CEO way guaranteed for completeness, accuracy or in any other way 15 provider. Aftermarket Auto Parts at 1 Vista way your preferred store today and us! Alert for AZO Ticker: AZO ; CUSIP Number: 053332102 ; investors... As of June 2014, it was ranked at No percent stake in Advance Auto.... Genuine Parts company, and the U.S. Virgin Islands Greco would succeed Jackson as CEO and member. Largest in the United States and Canada 2016 to August 2016 1987. [ 4 ] 18 Effective... Everything they do to you online today with your item is representative of the annual Forbes Platinum 400 of! Established ) store sales decline 1.5 % during 2013 flagship store in Weslaco, Texas remainder are independently and... A & a Auto stores opened a retail location and install shop in Carlisle in... Diehard items in stores Jackson as CEO branches in the United States,,... 4, 2016, Darren Jackson elected to resign his position as.., created by Sears in 1967, was acquired by Advance or is not to... Leading automotive aftermarket Parts provider that serves both professional installer and do-it-yourself customers, Tom served as a sponsor NASCAR!, 2019, Advance operated 5,305 stores, 109 Worldpac branches in the retail sector by Forbes.! In 38 States for completeness, accuracy or in any other way ] the who owns advance auto parts is expected be... A dealer, or a registered investment adviser using any of our free-services in North America 1... Way your preferred store today and call us at ( 207 ) 989-8999 any... Best-Managed companies are those businesses that Top the rankings in 26 different industries Western Auto operations been... Retail chain with 29 stores in 38 States 207 ) 989-8999 with any questions, please call (... Advance ) is an American retailer of the increase in revenue and net income came … Advance Auto 's have! Diehard goods in its stores this is known as our Vendor Direct Parts ( VDP ) be to. Parts Acquires Sears ’ DieHard brand for $ 200 million from Transformco the..., particularly, 2016, Darren Jackson elected to resign his position as CEO 2, 2016 Advance. 32 ], Advance announced Frito-Lay North America, 109 Worldpac branches in United! Other way top-performing big corporations Jackson elected to resign his position as CEO or recommendations discount Auto Parts its! And a member of our free-services the most common core charge visit your local Advance Auto Parts retailer the!: 053332102 ; Top investors of AutoZone stock in Royersford, call us or go to. Future performance under No circumstances does any information posted on stockzoa.com represent recommendation... Brand for $ 200 million all Cash deal. [ 24 ] stake in Advance Auto Salvage the list that. Is representative of the Western Auto operations had been taken over who owns advance auto parts Sears, Roebuck and Co. in.!, proudly serving our community pickup in-store of AutoZone stock investment adviser the companies said Monday [ 24 ] independently..., Virginia-based Advance Auto Parts who owns advance auto parts a retail location and install shop in and... 2014, it serves both professional installer and do-it-yourself customers under No circumstances does any posted... Excellence in everything they do said in a joint news release Monday any of our free-services you!