Advance Auto Parts Inc.
Description Advance Auto Parts, Inc., through its subsidiaries, operates as a specialty retailer of automotive aftermarket parts, accessories, batteries, and maintenance items. It operates in two segments, Advance Auto Parts (AAP), and Autopart International (AI). The APP segment operates stores that offer brand name and private label automotive products, including alternators, batteries, belts and hoses, chassis parts, clutches, engines and engine parts, ignition parts, lighting, radiators, starters, spark plugs and wires, transmissions, and water pumps; accessories, such as floor mats, mirrors, vent shades, MP3 and cell phone accessories, and seat and steering wheel covers; chemicals comprising antifreeze, brake and power steering fluids, freon, fuel additives, windshield washer fluids, and car washes and waxes; and oils, such as transmission fluids and other automotive petroleum products for domestic and imported cars and light trucks. This segment also provides battery and wiper installation, battery charging, check engine light reading, electrical system testing, video clinics, loaner tool programs, and oil and battery recycling services. In addition, it sells products online. The AI segment operates stores that offer replacement parts for domestic and imported cars and light trucks. It serves customers in the Northeastern, Mid-Atlantic, and Southeastern regions of the United States; and warehouse distributors and jobbers in North America. As of December 31, 2012, the company operated 3,794 stores, including 3,576 stores in 39 states in the Northeastern, Mid-Atlantic, Southeastern, and Midwestern regions of the United States, Puerto Rico, and the Virgin Islands under the ‘Advance Auto Parts’ and ‘Advance Discount Auto Parts’ trade names. It serves do-it-yourself, do-it-for-me, or commercial customers. The company was founded in 1929 and is based in Roanoke, Virginia. To view the detailed information, you need to SUBSCRIBE with us. |
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