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Advance Auto Parts (AAP) – Introduction and background |
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Widgets supplied in partnership with Acuity. Pricing and sentiment does not represent ADSS data or market view.
Advance Auto Parts is an American seller of car parts, accessories and maintenance equipment.
Widgets supplied in partnership with Acuity. Pricing and sentiment does not represent ADSS data or market view.
Advance Auto Parts operates almost 5,000 stores across the US and Canada, with 50 centralised distribution centres providing parts to the stores, private individuals, and independent partner business Carquest. The total number of direct employees in the group is around 67,000.
The 2014 acquisition of General Parts Ltd gave Advance Auto Parts capabilities in providing original (as opposed to resale) automotive parts, and Advance Auto Parts is a leading player in all segments of the US automobile aftermarket. Autozone and O’Reilly Automotive are the company’s main publicly traded rivals. The largest shareholders of Advance Auto Parts are Vanguard, Blackrock, and Price T Rowe.
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