When did AutoZone start selling auto parts?
1995: The 1,000th AutoZone store opens. 1999: AutoZone expands into Mexico. The leading U.S. specialty retailer of automobile parts in the late 1990s, Memphis, Tennessee-based AutoZone, Inc., sells auto parts, maintenance items, and automotive accessories through more than 2,700 stores in 39 U.S. states and in Mexico.
When did AutoZone buy ADAP?
In 1998, AutoZone acquired ADAP Inc. Who had stores under the ADAP Discount Auto Parts and Auto Palace nameplates respectively, both being auto parts chains in the northeastern United States with 112 stores, TruckPro L.P., a chain with 43 stores in 14 states, and the 560-store Chief Auto Parts Inc., a chain with a presence in 5 states.
What is AutoZone known for?
AutoZone is an American retailer of aftermarket automotive parts and accessories, the largest in the United States. Founded in 1979, AutoZone has over 6,000 stores across the United States, Mexico, and Brazil. The company is based in Memphis, Tennessee.
Who is the owner of AutoZone truck parts?
AutoZone sells heavy-duty truck parts through its subsidiary TruckPro L.P. and offers automotive diagnostic and repair software through ALLDATA Corp. Joseph R. Hyde III began working in his family's business, Malone & Hyde, Inc., immediately after graduating from college in 1968 at the age of 22.
Who did Advance Auto Parts buyout?
General Parts International IncAdvance Auto, which sells products such as batteries, air fresheners and engine parts, said it would buy General Parts International Inc for just over $2 billion, creating the largest North American retailer of auto parts.Oct 16, 2013
What company did O'Reilly buyout?
DETROIT (Reuters) — O'Reilly Automotive, the auto parts retail chain, said Tuesday that it had reached a cash and stock deal worth $528 million to buy a rival, the CSK Auto Corporation.Apr 1, 2008
What did AutoZone used to be called?
Auto ShackIn 1987, Auto Shack officially changed its name to AutoZone.
What auto parts store did O Reilly's buy out?
Bond Auto PartsThe company, which operates stores under the O'Reilly Auto Parts name, has reached a deal to purchase Vermont-based Bond Auto Parts, a privately held company that operates 48 stores in Vermont, New Hampshire, Massachusetts and New York.Nov 3, 2016
Who is the largest auto parts retailer?
Autozone is the largest auto parts chain with 5,914 locations in all 50 states. Followed by, Napa Auto Parts (5.59K) and O'Reilly Auto Parts (5.27K).Dec 7, 2020
When was AutoZone founded?
1979, Forrest City, ARAutoZone / FoundedAutoZone, a nationally known auto parts business headquartered in Memphis, Tennessee, was founded by J. R. “Pitt” Hyde III in 1979. Hyde developed AutoZone as a division of Malone & Hyde, Inc., a Memphis-based wholesale grocery firm founded by his grandfather, J. R. Hyde, and Taylor Malone in 1907.
Why did AutoZone change their name?
In 1986, the company changed its name to AutoZone after being sued by Radio Shack for trademark infringement. Auto Shack initially won, but Radio Shack's appeal was successful. In 1988, nearly a decade after the company's launch, Malone & Hyde was sold to the Fleming Companies of Oklahoma City.
Who was the founder of AutoZone?
Pitt HydeAutoZone / FounderJoseph Reeves Hyde III, known as Pitt Hyde, is an American entrepreneur and philanthropist in Memphis, Tennessee. He is best known for founding AutoZone as a spinoff of his family's grocery business, Malone and Hyde, in 1979. Hyde is also a part-owner of the Memphis Grizzlies. Wikipedia
Who owns Duralast?
AutoZoneOne of the most popular car battery brands is Duralast batteries, and it's owned by AutoZone. This brand has been around for many years, and they are a top-quality company with several other well-known brands to their name.Jan 6, 2022
What happened to Schuck's auto Supply?
Starting in 2009, O'Reilly gradually rebranded Checker Auto Parts, Schucks Auto Supply, and Kragen Auto Parts stores as O'Reilly Auto Parts stores during a multi-year process that was finally completed in 2011.
Who makes Murray auto parts?
The Murray's store in Walled Lake still remains a Murray's store and is affiliated to the O'Reilly company through their Parts City division of independently owned auto parts stores.Sep 17, 2010
Who started Oreillys auto parts?
Charles F. O'ReillyO'Reilly Auto Parts / Founder
How many stores did Autozone have in 1988?
Overall, AutoZone had 470 stores in 16 states by the end of 1988, and it served a total of 47.7 million customers in that year alone. In June 1988 the company unveiled its own line of auto products, developed by its product managers, under the trade name ADuralast.
How much of Autozone stock did the managers keep?
AutoZone managers kept 16 percent of the company, and former managers retained another six percent, leaving ten percent for the public at large. With the ten percent of stock offered, AutoZone reduced its bank and mortgage debt and also invested in general company operations.
How much did Autozone make in 1989?
As AutoZone continued its rapid and aggressive expansion, its revenues continued to rise as well. Total revenues increased from $535.8 million in 1989 to $1.216 billion in 1993, and they showed no signs of slowing down. To better serve customers, AutoZone in 1994 installed Flexogram, a satellite-based system designed to customize store inventory according to local demands and to facilitate communications between store locations. The company, which opened an average of 250 new retail stores a year, including its 1,000th store in 1995, did not slow its blistering pace in the 1990s.
When did Autozone expand into Mexico?
1999: AutoZone expands into Mexico. The leading U.S. specialty retailer of automobile parts in the late 1990s, Memphis, Tennessee-based AutoZone, Inc., sells auto parts, maintenance items, and automotive accessories through more than 2,700 stores in 39 U.S. states and in Mexico.
When did Autozone end?
In April 1991 AutoZone ended its tenure as a privately held company when shares were offered for sale on the New York Stock Exchange. The 3.2 million shares offered produced a large paper profit for the company's primary owner, Kohlberg Kravis Roberts & Company.
When did Auto Shack move to North Carolina?
Despite its new corporate status, Auto Shack continued to grow at a dramatic rate. In 1985 the company opened an additional 68 stores and moved into North Carolina. Along with its standard format, Auto Shack also inaugurated an Express Parts Service that rushed auto parts to customers who called in over a toll-free service line. In this way the company was able to offer services to parts of the country that were not yet served by an Auto Shack store.
When did Autozone buy Alldata?
Also in 1996 AutoZone purchased ALLDATA Corp., a software company that developed automotive diagnostic and repair software. In 1997 AutoZone opened its 1,500th store, and Hyde, who had seen AutoZone grow from a single small store in Arkansas to a national retail chain, stepped down as CEO.
When did Pep Autos start?
The auto parts company began in 1921 with the Naval buddies and original Pep Boys: Emanuel "Manny" Rosenfeld, Maurice "Moe" Strauss, Moe Radavitz and Graham "Jack" Jackson. Their first store opened in Philadelphia under the name Pep Auto Supplies, according to the company's website. Its name was changed around 1923 after Strauss noticed ...
How much did Pep Boys take private?
The $791 million deal will take the auto parts retailer private. NEW YORK - The Pep Boys - Manny, Moe & Jack, an auto parts chain founded more than 90 years ago, has agreed to be taken private by investment Gores Group for about $791 million.
How much is Pep Boys worth?
The Gores Group deal for Pep Boys is worth about $791 million, based on the company's almost 53 million shares outstanding. The companies put the total enterprise value of the deal at approximately $1 billion.
When did Pep Boys go public?
Radavitz and Jackson left the company early on. When Pep Boys went public in 1946 , Rosenfeld served as its first corporate president. He held the post until his death in 1959.
How many Pep Boys locations are there?
Strauss served as president from 1960 to 1973 and remained a board member until he died in 1982. Pep Boys currently has more than 700 locations in 35 states and Puerto Rico.
