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It sells performance auto parts, aftermarket accessories, tools, and race apparel. JEGS was founded by Jeg Coughlin Sr. in 1960 as a small speed shop. [1] Jeg's remained family owned and operated until 2022 when a majority stake of the company was purchased by Greenbriar Equity Group .
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 ...
Trak Auto – Mid-Atlantic, Midwest, and West Coast; founded by Robert Haft (Crown Books) in 1981; purchased and rebranded by Advance Auto Parts in 2002 [26] [27] Western Auto – nationwide, once had 1,800 locations, purchased by Sears in 1987 [28] [29] and sold to and rebranded by Advance Auto Parts in 1998 [30] [31]
Advance Auto Parts is closing more than 700 locations to shore up the company’s finances following another dismal earnings report. The car parts retailer, which has about 5,000 stores, said ...
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 ...
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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