AutoZone Authorizes Additional Stock Repurchase
Since the inception of the repurchase program in 1998, AutoZone’s board has authorized $14.2 billion.
American Tire Distributors Acquires Wholesale Tire Distributors
The company says this acquisition will further strengthen ATD’s presence in the Southern Ontario region and provide a greater level of service to customers in the Toronto market.
Network’s West Springfield Auto Parts Acquires Controlling Assets Of Service Auto Parts
The warehouse distributor’s acquisition of Service Auto Parts, a locally owned business since 1929, fills a gap in its Connecticut coverage, said Michael Creanza, owner of West Springfield Auto Parts.
The Top 10 Distribution Stories of 2013
The editorial staff of aftermarketNews is proud to present the 10th annual AMN Year in Review, sponsored this year by Federated Auto Parts. Delivered exclusively this week to AMN subscribers in four special afternoon e-newsletters, we will take a look back at what you, our loyal readers, found to be the most compelling and important
Tri-States Automotive Warehouse To Use Epicor Vision Automotive Aftermarket Solution
Aftermarket Auto Parts Alliance member to consolidate headquarters, warehouse and store systems for increased operational speed and efficiency.
AutoZone Reports First Quarter Results
Net income for the quarter increased $14.6 million, or 7.2 percent, over the same period last year to $218.1 million, while diluted earnings per share increased 16.2 percent, to $6.29 per share from $5.41 per share in the year-ago quarter.
Network Meets With Australia’s Automotive Brands Group To Discuss International Industry Trends
Australia’s largest privately owned distributor and franchise operator, ABG provides independently owned auto stores and service dealers with business tools and marketing elements to more effectively compete, much like the Network’s Parts Plus and Auto Pride programs.
Advance Auto Parts Refinances Credit Facility
Advance has entered into a new $1 billion unsecured revolving credit facility and a $700 million unsecured term loan, proceeds of which will be used to finance the company’s recently announced acquisition of GPI.
Merle’s Automotive Acquires BAP Tucson Locations
The BAP Tucson sale is set to close Dec. 6.
Advance Auto Parts Announces Closing Of Senior Notes Offering
The proceeds of the offering are expected to be used to finance the recently announced acquisition of General Parts International Inc. and also for general corporate purposes.
AutoPartsWarehouse.com Presents ‘Veterans Day Heroes Salute’ Donation To Operation Homefront
Online auto parts retailer donates $8,000 to Operation Homefront; promotion is first in ongoing initiative to support service members and their families.
Genuine Parts Co. Announces Industrial Acquisitions
Company enters definitive agreement to buy Commercial Solutions; acquires Paragon.