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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. [12] [13] 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. The year ...
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 ...
Exterior of an O'Reilly Auto Parts store in Houston in Texas, United States. Interior of an Advance Auto Parts store in Virginia, United States.. An automotive part retailer is a retail business that sells automotive parts and related accessories to both consumers and professional repair shops, through physical stores and websites. [1]
Advance Auto Closures Announced. 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. This includes 523 ...
[19] [20] [21] Upon merger, Parts America stores were rebranded Advance Auto Parts and the website partsamerica.com became a web only store for Advance Auto Parts. With financial backing from Sears, Advance Auto Parts decided to make the partsamerica.com into a portal for web purchasing of auto parts as part of a joint venture with CSK Auto. [22]
In 1995, Western Auto acquired 84 auto parts stores in Ohio, Indiana, Kentucky, West Virginia and Tennessee from the bankrupted Nationwise Automotive chain for an undisclosed amount [8] and later acquired Wheels Discount Auto Supply and its 82 auto parts stores in New York and Pennsylvania from its then owner Fay's Drug for $37 million. [9] [10]
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