Advance Auto Parts Store

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Carquest Auto Parts, 1349 Shermer Road, also sells some of the same stuff as Advance. In fact, after a couple of acquisitions, Advance owns all of the Carquest stores, including the small one a block away. “No, we’re not closing,” a Carquest employee Advance said the deal made the company the largest seller of aftermarket auto parts in North America that it anticipates consolidating about 100 Carquest and Advance stores. Wednesday’s meeting with analysts and investors included a question-and Jackson, chief executive officer of Advance Auto Parts. Advance serves both the do-it-yourself and professional installer markets. It operates 5,276 company stores, 105 Worldpac branches, and serves approximately 1,400 independently owned Carquest branded Advance Auto Parts — the homegrown, Roanoke-headquartered Advance said corporate operations will be organized around these two “store support centers.” Whitaker said that some employees in Raleigh are being asked to move to Roanoke and that All of these changes are coming about eight months after Advance Auto announced its $2 billion acquisition deal for Raleigh-based General Parts International, which included all of General Parts' company-owned Carquest-branded retail stores. The deal that Advance Auto Parts has a 95 IBD Composite Rating, which means that it's outperformed 95% of all stocks in recent quarters on key metrics such as sales and profit growth. On Jan. 2, the retailer bought 1,233 Carquest stores and 103 Worldpac outlets when it .

She said roles within the company are changing, as General Parts was used to supporting 1,400 stores while Advance Auto now has more than 5,000. “We won’t have General Parts employees anymore,” Whitaker said. “We’ll have 600 Advance team members.” Sherman, a former officer in the United States Air Force, joined the Advance Auto Parts team in April of 2013 and is responsible for store operations, merchandising, marketing, supply chain and information technology functions. Prior to joining Advance The acquisition created the largest automotive aftermarket parts provider in North America, with annual sales of more than $9.3 billion, according to the company. Headquartered in Roanoke, Va., Advance Auto has more than 5,200 stores in the U.S., Puerto Advance Auto Parts is closing its Twin Cities office in September 2015 as part of a larger reorganization that also involves shuttering 100 stores. The move stems from Roanoke, Virginia-based Advance Auto Parts’ recent acquisition of General Parts .

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