Advance Auto Parts Phone Number: The American supplier of aftermarket automotive parts is Advance Auto Parts, Inc. With its main office located in Raleigh, North Carolina, it caters to both DIY and professional installers. In the US and Canada, Advance had 3,11 Worldpac branches and 4,687 physical stores as of April 2022. The company also provides services to 1,318 independently owned Carquest-branded stores in the US, Mexico, Turks and Caicos, Bahamas, and British Virgin Islands.
| Name | Advance Auto Parts |
| Founded in | 29 Apr, 1932 |
| Phone Number | 1-877-238-2623 |
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Contents
History
Advance Auto Parts Phone Number: Pep Boys sold the Advance Stores, which included two locations in Roanoke, Virginia, and one in Lynchburg, Virginia, to Arthur Taubman in April 1932. In 2003, Advance debuted at No. 466 on the Fortune 500 list of companies.
Forbes magazine named Advance the “Best Managed Company in America” in the retail industry in January 2005. As of July 2018, Forbes’ list of the “World’s Biggest Public Companies” ranked the company at number 1,4112. As per the 2019 Fortune 500, Advance held the 326th position.
Growth
In 1998, Advance Auto Parts underwent its first significant growth when it bought the remaining business of Western Auto, a retailer of general merchandise and auto parts. Sears, Roebuck and Co. had acquired the majority of Western Auto’s operations in 1987. Then, in April 2001, Advance Auto Parts acquired Carport Auto Parts, a regional retail chain with 29 locations in Alabama and Mississippi. On November 28, Advance purchased Discount Auto Parts, Inc. A regional auto parts chain with 671 locations across Florida, Alabama, Georgia, South Carolina, and Louisiana.
Vision Component
The goal of AAP is to be North America’s top supplier of automotive aftermarket parts and related services. Its goal is to develop a creative, all-encompassing, and fulfilling shopping experience that is focused on the needs of the consumer. Integrity, teamwork, passion, customer focus, and excellence are among the company’s core values. Because of its commitment to these principles, AAP has excelled in the business.
Key Resources
The foundation of Advance Auto’s business strategy is its capacity to offer a large selection of auto parts products to clients in a timely and effective manner.
As a result, the Company’s main assets are its supply chain and distribution network and its network of retail locations. Its online store and IT infrastructure, its partnerships, and its workforce. Notably, Advance Auto has more than 4,900 branches in the US and Canada that it either owns or leases.
The company also owns a large number of trade names, service marks, and trademarks, such as Advance Auto Parts, Autopart International, Carquest, and Carquest Technical Institute, as well as DriverSide, MotoLogic, MotoShop, and WorldPac.
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Key Activities
Customers in the US, Canada, the US Virgin Islands, Puerto Rico, and other parts of North America can purchase automotive aftermarket parts from Advance Auto. It provides services to a broad spectrum of clients, including do-it-yourself and do-it-for-me users.
The Company provides a wide range of brand-name, OEM, and private-label automotive replacement parts, accessories, batteries, and maintenance supplies for domestic and foreign cars, vans, sport utility vehicles, and light and heavy-duty trucks through its stores and branches.
The company runs over 140 branches under the Worldpac brand in addition to a network of nearly 5,000 stores throughout North America. Additionally, Advance Auto provides parts to a chain of retailers that sell merchandise under the Carquest name. In addition, it runs an online store where clients can buy parts for themselves.
Streams of Income
Advance Auto makes money by selling and distributing auto parts to customers all over North America. Sales fees are directly collected from customers at the point of sale in both the company’s physical stores and its online store. These are the main sources of income for the organisation.
Advance Auto reported net sales of USD 9.6 billion in 2018. A minor increase over the USD 9.4 billion the company reported in 2017. In 2018, the Company reported a gross profit of USD 4.2 billion. The majority of the company’s income is from US operations.
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