Advance Auto Parts

Advance Auto Parts Sells Wholesale Arm for $1.5 Billion
Advance Auto Parts Sells Wholesale Arm for $1.5 Billion
August 22, 2024  |  Acquisitions

Advance Auto Parts has sold its wholesale operation Worldpac for $1.5 billion. The sale, to funds managed by the Carlyle Group, is expected to be finalized by the...

READ MORE >
Almost All of AT&T’s Wireless Customers Hacked as Snowflake Breach Snowballs
Almost All of AT&T’s Wireless Customers Hacked as Snowflake Breach Snowballs
July 12, 2024  |  Security & Fraud

The interconnected global operating landscape has never held more opportunity for businesses. Or more threats. Gaining a deeper understanding of the threat landscape and the...

READ MORE >
Fresh Wave of Major Cyberattacks Exposes Key Enterprise Security Weaknesses
Fresh Wave of Major Cyberattacks Exposes Key Enterprise Security Weaknesses
June 11, 2024  |  Cybersecurity

On a weekly basis, businesses operating within security-critical industries are reminded that security is critical. In just the past handful of days, three substantial cyberattacks...

READ MORE >
Advance Auto Parts Fights Headwinds to End Q4 on Slightly Better Footing
Advance Auto Parts Fights Headwinds to End Q4 on Slightly Better Footing
February 28, 2023  |  Earnings

As inventory and supply chain issues slowly dissipate, aftermarket auto parts retailer Advance Auto Parts showed incremental growth at the end of 2022. Reporting Q4...

READ MORE >
Widespread Reports of ‘Resilience’ Lift Hopes in Battered Retail Industry
Widespread Reports of ‘Resilience’ Lift Hopes in Battered Retail Industry
May 31, 2022  |  Retail

The parade of retail executives invoking “resilience” in their earnings reports last week was as long as it was diverse. In what was a literal...

READ MORE >
Today in Data: Consumer Electric Vehicle Buying Habits Change
Today in Data: Consumer Electric Vehicle Buying Habits Change
May 25, 2022  |  Today In Data

Today in data, new reports show consumers are keeping their cars longer and demanding new kinds of vehicles. Data 45M: Number of electric vehicles (EVs)...

READ MORE >
From Aging Cars to EVs to Record Gas Prices, Auto Parts Retailers Face Big Changes
From Aging Cars to EVs to Record Gas Prices, Auto Parts Retailers Face Big Changes
May 24, 2022  |  Retail

The American love affair with cars may still be intact but that special, 100-year-old relationship has never faced more changes and challenges at one time...

READ MORE >
B2B Customers Seek Digital Tools When Buying Auto Parts
B2B Customers Seek Digital Tools When Buying Auto Parts
February 16, 2022  |  Earnings

Digital assets that provide visibility of delivery status, product availability and training drove double-digit comp sales growth in the professional segment for Advance Auto Parts,...

READ MORE >
Auto Parts Sales Get Boost From New Car Shortage
Auto Parts Sales Get Boost From New Car Shortage
December 08, 2021  |  Retail

With the automotive microchip shortage expected to last well into 2022, prices for new and used cars remain elevated, leading many consumers to consider repairs...

READ MORE >