In July 2002, Advance Auto Parts received bankruptcy court approval to acquire 57 Trak Auto stores in northern Virginia, Washington, DC, and eastern Maryland. Interior of an Advance Auto Parts store in Fairfax County, Virginia The year ended with 2,484 stores in 38 states. Upon completion of this merger, Advance Auto Parts became a publicly traded company, listed as a common stock on the New York Stock Exchange under the symbol AAP. 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. Then, in April 2001, Advance Auto Parts acquired Carport Auto Parts, a regional retail chain with 29 stores in Alabama and Mississippi. Most of the Western Auto operations had been taken over by Sears, Roebuck and Co. 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. 1,412 on the Forbes "World's Biggest Public Companies" list. As of July 2018, the corporation was ranked at No.
In January 2005, Advance was named the “Best Managed Company in America” in the retail sector by Forbes magazine. Advance premiered on the Fortune 500 list of companies in 2003 at No. In April 1932, Arthur Taubman purchased the Advance Stores from Pep Boys, with two stores in Roanoke, Virginia, and one in Lynchburg, Virginia. History Ģ006-2010 Chevrolet HHR used as the fleet vehicle of the company Advance Auto Parts shares are mainly held by institutional investors such as The Vanguard Group, BlackRock, State Street Corporation, and others. The company retails various 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. The company also serves 1,250 independently owned Carquest-branded stores in the U.S., Mexico, The Bahamas, Turks and Caicos, and British Virgin Islands.
As of 2019, Advance operated 4,912 stores and 150 Worldpac branches in the United States and Canada.
#Advance auto zone professional#
Headquartered in Raleigh, North Carolina, it serves both professional installer and do it yourself (DIY) customers. is an American automotive aftermarket parts provider.
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