Advance Auto Parts Accelerates Expansion into Western U.S. With First Los Angeles Store Openings
22 Juni 2022 - 2:00PM
Business Wire
Aftermarket provider embraces L.A.’s unique car
culture to serve DIY and Professional customers
Advance Auto Parts (NYSE: AAP), a leading automotive aftermarket
parts provider, today announced it has opened 22 new stores in the
Los Angeles market as part of the company’s broader strategic
expansion into the Western United States. In spring 2021, Advance
announced its plan to expand into California by leasing 109 Pep
Boys stores and converting them to Advance stores, more than half
of which are in the Los Angeles area.
“We estimate that 70% of our customers in Los Angeles fit the
profile of the classic do-it-yourselfer. Pairing that with the more
than 7.6 million registered vehicles in Los Angeles’ unique car
culture, this is a tremendous opportunity for Advance to bring Care
and Speed to motorists through expert advice and best-in-class
products and services,” said Tom Greco, president and chief
executive officer of Advance. “Our timing couldn’t be better as the
average vehicle age increases while used car and gasoline prices
are rising, resulting in greater demand for vehicle
maintenance.”
Vehicle owners in Los Angeles and other parts of the West will
gain access to everything Advance stores offer with Care and Speed,
such as free curbside and in-store pickup within 30 minutes of
ordering online, as well as some of the most trusted automotive
brands in the world, including DieHard®. In response to the
emerging popularity of hybrid and electric cars, Advance last month
introduced the DieHard EV battery – the first-to-market 12-volt
battery designed specifically for hybrid and electric vehicles and
sold exclusively at Advance.
Advance will also support local communities and professional
industry technicians across California by employing approximately
1,850 team members in the state when all 109 stores are converted,
including staffing the company’s newly opened 45,000-square-foot
“super hub” flagship location, centrally located at 1200 W.
Washington Blvd., off the 10 and 110 freeways in the Pico Union
neighborhood near downtown Los Angeles.
With a growing need to service the approximate 14 million
registered vehicles in California, including an increased number of
electric and hybrid vehicles, Advance also brings the ability for
professional repair partners to expand their technical knowledge
with virtual and in-person training opportunities, available
through Carquest Technical Institute and Worldpac Training
Institute, which are developed and taught by factory-trained
instructors and available to automotive technicians nationwide.
Visit advanceautoparts.com to find a new California store
location for vehicle maintenance needs and to explore a vast array
of automobile parts, accessories and tools, including all-new
DieHard hand tools designed specifically for the DIYer. To learn
more about the professional virtual and in-person training
opportunities for industry technicians, visit
my.advancepro.com.
About Advance Auto Parts
Advance Auto Parts, Inc. is a leading automotive aftermarket
parts provider that serves both professional installer and
do-it-yourself customers. As of April 23, 2022, Advance operated
4,687 stores and 311 Worldpac branches primarily within the United
States, with additional locations in Canada, Puerto Rico and the
U.S. Virgin Islands. The company also served 1,318 independently
owned Carquest branded stores across these locations in addition to
Mexico and various Caribbean islands. Additional information about
Advance, including employment opportunities, customer services, and
online shopping for parts, accessories and other offerings can be
found at www.AdvanceAutoParts.com.
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Advance Auto Parts Contacts: Investor Relations:
Elisabeth Eisleben T: (919) 227-5466 E:
invrelations@advanceautoparts.com Media Relations: Darryl
Carr T: (984) 389-7207 E: darryl.carr@advance-auto.com
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