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In April 1932, Arthur Taubman purchased the Advance Stores from Pep Boys, with two stores in Roanoke, Virginia, and one in Lynchburg, Virginia. [8] Advance premiered on the Fortune 500 list of companies in 2003 at No. 466. [9] In January 2005, Advance was named the “Best Managed Company in America” in the retail sector by Forbes. [10]
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Trak Auto Corporation was an American retail chain specializing in automotive parts and accessories based in Landover, Maryland.Founded by Robert Haft in 1979, [1] at its peak in 1993 it operated 333 stores around the United States under the Trak Auto, Super Trak, and Super Trak Warehouse concepts.
The first retail store was established in 1921, and grew quickly as automobiles became increasingly more common. At one point, there were over 1,200 company-owned stores nationwide, usually located in metropolitan areas, and more than 4,000 associate stores (private, franchised, "dealer" locations), usually located in small towns.
The nearly century-old auto parts retail giant announced on Thursday that it plans to close over 700 of its nearly 5,000 stores by mid-2025. Advance Auto Parts Is Closing 700 Locations Across the U.S.
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On October 26, 2016, O'Reilly announced that it was acquiring Bond Auto Parts, a 51-store chain headquartered in Vermont with locations in New Hampshire, Massachusetts, and New York as well. [11] On November 13, 2018, O'Reilly announced that it was acquiring Florida-based Bennett Auto Supply, a 33-store chain headquartered in Pompano Beach.
In 1998, [8] [9] AutoZone acquired ADAP Inc, who had stores under the ADAP Discount Auto Parts and Auto Palace nameplates respectively, [10] both being auto parts chains in the northeastern United States with 112 stores, [11] [12] TruckPro L.P., a chain with 43 stores in 14 states, and the 560-store Chief Auto Parts Inc., a chain with a ...