Advance Auto Parts

Advance Auto Parts, Inc. is a leading automotive aftermarket parts provider in North America, serving both professional installers and do-it-yourself customers.

**Company Overview:**
Founded in 1932 in Virginia, Advance Auto Parts has grown into one of the largest auto parts retailers in the United States, operating thousands of stores across the U.S., Canada, Puerto Rico, and the U.S. Virgin Islands. The company also supports a network of independently owned Carquest branded stores, extending its reach into Mexico and the Caribbean[1][3][4].

**Business Model:**
Advance Auto Parts offers a comprehensive selection of automotive replacement parts, accessories, batteries, maintenance items, and related services. Its customer base includes both professional repair shops and individual vehicle owners, with a focus on providing expertise and convenience through its retail locations and online platform[2].

**Growth and Expansion:**
The company has expanded through organic growth and strategic acquisitions, including the integration of Carquest and Worldpac brands. As of October 2025, Advance Auto Parts operates over 4,290 company-owned stores and supports more than 880 independently owned Carquest locations[1][3].

**Industry Position:**
Advance Auto Parts is recognized for its broad product assortment, knowledgeable staff, and commitment to customer service. The company faces competition from other national auto parts retailers and e-commerce platforms but maintains a strong market presence through its extensive store network and supply chain capabilities[2][4].

**Corporate Responsibility:**
Advance Auto Parts emphasizes sustainability, community engagement, and employee development. The company is headquartered in Raleigh, North Carolina, and is publicly traded on the NYSE under the ticker symbol AAP[1][2].