Advance Auto Parts
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| Type | Public (NYSE: AAP) |
|---|---|
| Founded | 1932 |
| Headquarters |  Roanoke, VA, USA |
| Key people | John C. Brouillard (Chairman of the Board) Darren R. Jackson (CEO) & (Director) |
| Industry | Auto Parts Retail |
| Products | Replacement automotive parts & accessories |
| Revenue | ▲ US$ 5.142 billion (2008) |
| Operating income | ▼ $ 414.93 million (2008) |
| Net income | ▼ $ 238.04 million (2008) |
| Total assets | ▲ $ 2.964 billion (2008) |
| Total equity | ▲ $ 1.075 billion (2008) |
| Employees | 27,396 - January 2009 |
| Website | AdvanceAutoParts.com |
Founded in 1932, Advance Auto Parts (NYSE: AAP), headquartered in Roanoke, Virginia, is the second-largest retailer of automotive replacement parts and accessories in the United States. AAP had 2008 sales of approx. $5.1B via more than 3,300 stores and with the work of some 48,000 employees in 40 states.
In 2005, Advance Auto Parts purchased Autopart International, Inc. which operates 141 stores in Northeastern United States.
[edit] History
Advance Auto Parts expanded their reach across America with the 1998 takeover of the remains of the once-famous Western Auto auto-parts/general store chain(most of that store chain was taken over by Sears, Roebuck and Co. in 1987).
In California, Advance Auto Parts has only one location:the City of Calexico(Imperial County).
[edit] Distinctions and Recognitions
Second-largest automotive aftermarket retailer in the United States based on sales and store count
Premiered on the Fortune 500 list of companies in 2003 at No. 466 and has remained on the list since that time
As of January 2006, ranked at No. 1,497 on the Forbes magazine "World's Biggest Public Companies" list
In 2005, Forbes magazine named Advance Auto Parts the best-managed company in the retail sector.
Advance employs the most ASE-certified Team Members in the industry. The ASE (Automotive Service Excellence) certification is a highly regarded professional designation in the automotive aftermarket industry.
Advance's organizational development and training programs have been nationally recognized by being named to Training Magazine's Top 100 list. Advance premiered on the list in 2003 at No. 54 and has remained on the list since that time.
Advance's Information Technology department has been nationally recognized by being named to the Information Week 500 list of top ranking business users of technology. Advance debuted on the list in 2003 at No. 448 and has remained on the list since that time.
Advance has received numerous recognitions for charitable contributions. Most notably, the company has been nationally recognized for its fundraising for the Juvenile Diabetes Research Foundation (JDRF). The company has donated more than $16 million since 1994 to the foundation.
