Advance also will divest its Canadian business and announced a $150 million cost-reduction program.
Advance presented the award during the company’s annual Partner Summit on Oct. 16 in Raleigh, North Carolina.
It’s the fourth Carquest store owned by Magee Auto Parts LLC.
Former Home Depot exec Shane O’Kelly will take over as president and CEO effective Sept. 11.
“As a support team, collaboration is of the utmost importance,” says Patel, president of Carquest North America.
Beaulieu, VP, professional marketing for Advance, Carquest and Worldpac, talks about the importance of differentiation.
The Advance Auto Parts Foundation’s gift will fund $5,000 scholarships for 10 automotive students over the next two years.
The correct answer for the April/May contest is the Dodge Hornet.
Final round of voting took place May 9-15; track receiving most votes wins grand prize.
Following Greco’s retirement, he plans to serve in an advisory capacity through a transition period, the company noted.
The 30,000-square-foot facility has the capacity to house more than 400,000 OE and premium-brand auto parts.
Fourth-quarter net sales increased 3.2% to $2.5 billion, while comparable-store sales were up 2.1%.