[23], On December 23, 2019, it was announced that Advance Auto Parts would be purchasing the DieHard battery brand from Sears. The first major expansion of Advance Auto Parts was in 1998 when the company acquired the remaining operations of Western Auto, an auto parts and general store retailer. 466 and has remained on the list since that time, including ranking No. The year ended with 2,484 stores in 38 states. Most of the increase in revenue and net income came … [30], As of 2018, Advance Auto Parts shares are mainly held by institutional investors like The Vanguard Group, BlackRock, State Street Corporation, and others. It may require cleanup to comply with Wikipedia's content policies, particularly. Today, this is known as our Vendor Direct Parts (VDP). 1983 - Auto Shack opens its 100th store in Weslaco, Texas. 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. At Carquest of Atascadero, customer service is driven by Independent owners who are passionate about delivering excellence in everything they do. Advance Auto Parts saw its comparable (established) store sales decline 1.5% during 2013. As of October 4, 2014 Advance operated 5,305 stores, 109 Worldpac branches. The Advance Auto Parts core charge presented to you online today with your item is representative of the most common core charge. On September 30, 2015, Starboard Value LP, an activist investment firm disclosed a 3.7 percent stake in Advance Auto Parts. Ask a knowledgeable Team Members for help choosing the right parts or for assistance using any of our free-services. 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. Through a letter to Chief Executive Darren Jackson and a keynote presentation published on Starboard's website, Starboard Values believes that Advance Auto Parts shares have the potential to reach $350 each if the company takes steps to improve profit margins. Previously, Tom served as CEO and a member of our Board of Directors from April 2016 to August 2016. Advance Auto Parts has also served as a sponsor in NASCAR, where it is the official auto parts retailer of the sanctioning body. Advance Auto Parts and CARQUEST Auto Parts employs approximately 75,000 Team Members. Shares of Advance Auto Parts stock, which closed at $147.61 Monday, increased 5.8 percent Tuesday on news of a possible deal to close at $156.17. Bethel Township as well as welcomed a new flagship store in Kingston and another in Pottsville. The deal is expected to be a $200 million all cash deal.[24]. [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. Advance Auto Salvage. Founded in 1979, AutoZone has over 6,400 stores across the United States, Mexico, Puerto Rico and Brazil. The partnership will also add new home delivery and same-day pickup for auto parts in both Walmart and Advance stores. Back to top. 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. Add alert for AZO Ticker: AZO; CUSIP Number: 053332102; Top investors of AutoZone stock. Advance Auto said the General Parts purchase will hugely increase its customer reach from coast-to-coast in North America, where parts sales have slipped as more Americans buy new cars. [25] Advance Auto Parts has also partnered with individual teams, such as appearing on Alex Bowman's cars in 2015 and 2016 with Tommy Baldwin Racing and JR Motorsports, respectively. Javascript is disabled or is not supported by your browser. There are over 6,000 NAPA Auto Parts stores across the United States. [32], As of June 2014, it was ranked at No. Advance Auto Parts Acquires Sears’ DieHard Brand for $200 Million in Cash. Advance Auto Parts, Inc. is a leading automotive aftermarket parts provider that serves both professional installer and do-it-yourself customers. The multi-year sponsorship began with the 2017 Circle K NHRA Winternationals in Pomona, California, and ran through the entire 2017 and 2018 seasons. 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