Jan 31, 2008 | Zacks Analyst Blog
A Hold recommendation has recently been issued to automobile and industrial parts distributor Genuine Parts Company by Zacks senior automobile industry analyst Paul Raman, CFA. via Zacks Analyst Blog
Keystone Automotive hosts open house in Hattiesburg, Miss.
Keystone Automotive Industries, Inc. will host an open house in Hattiesburg, Mississippi, to recognize past business, welcome new customers and offer product discounts on Feb. via Automotive Body Repair News
Advance Auto Parts Costs Rising
The following excerpts explain why Zacks senior automobile industry analyst Paul Raman, CFA maintains his Hold recommendation on Advance Auto Parts, Inc. via Zacks Analyst Blog
CSK Auto Corporation announces management changes, reorganization
“Creating a leaner, more efficient management structure across the various corporate functions is an important step in CSK Auto's continued transformation”
CSK Auto Corporation recently announced that its new senior management team has reorganized the staffing in the company's corporate offices by consolidating certain corporate functions and eliminating several ... via Aftermarket Business
Holding on to Advance Auto Parts
“I hope as he learns more about the quality of Roanoke's work force he'll realize there's a lot of talent here, too”
Roanoke economic development officials need to actively sell the region to the new CEO. via Roanoke Times
Most San Franciscans have seen the Doggie Diner heads. The trio of dachshund heads were attached to the Carousel Diner. via San Francisco Chronicle
Advance Auto Parts, Inc. announces several key staff changes
“We are very excited to have an executive of Mike's caliber join our company”
Advance Auto Parts, Inc. has kicked off the New Year by announcing several changes to its executive staff, including the resignation of the company's executive vice president and chief financial officer, ... via Aftermarket Business
Discount Tire sales burn rubber at Barrett
“You see some who are dressed to the nines and they have a lot of money, and you see some in jeans and they have a lot of money.”
Every car owner buys tires once in a while. And then there are the automotive enthusiasts crowding into the annual Barrett-Jackson Collector Car Event. via Arizona Republic
Zoning officials sign off on 2 business variances
City boards have voted to recommend approval of zoning variances for a costume shop in Broad Ripple and a tire store on the Northwestside. via IndyStar.com
Darren R. Jackson to open AASA's Vision Conference with a keynote address
The Automotive Aftermarket Suppliers Association Vision Conference is scheduled to take place Friday, Feb. via Aftermarket Business
Pep Boys Announces Planned Departure of Chief Financial Officer Harry Yanowitz
Mr. Yanowitz will continue in his duties until such time as the Company's financial statements for fiscal 2007 are completed and will assist the Company in its search for his replacement. via PR-inside.com
Harry Yanowitz, the chief financial officer of The Pep Boys - Manny, Moe and Jack, will step down, the automotive parts store and service chain company said today. via Philly.com
TBC, Treadways to continue separate sales and marketing programs
“There is absolutely no reason in the world to dismantle the sales and marketing functions of two successful companies, which are both strong contributors”
When Sumitomo Corp. of America bought TBC Corp. in 2005, speculation was rampant about how long it would take before Treadways Corp. via Modern Tire Dealer
Joe's Sports and Outdoor sends in a new CEO
“I`m thrilled to be joining Joe`s Sports & Outdoor at this point in its evolution”
Hal Smith, former president of Bass Pro Shops, has been named president and CEO of multi-channel retailer Joe's Sports & Outdoor and to a seat on the board of directors. via Internet Retailer
Fernandina annexes 5 businesses near Eighth and Woodrow
“If the building catches fire, would they want our fire department to put it out?”
CITY OF FERNANDINA BEACH/Special The Wachovia, McDonald's, BellSouth, ABC Liquors and Advance Auto Parts properties were annexed into Fernandina Beach by City Commission vote Dec. via Jacksonville.com
TBC says there's strength in numbers
“In 2006, TBC enjoyed another record sales and bottom line year”
Senior management of TBC Corp. used its TBC Private Brands Meeting in Desert Springs, Calif., as an opportunity to showcase its size and financial strength within the market. via Modern Tire Dealer
O'Reilly 4Q same-store sales grow but below guidance
“We believe consumers continue to be negatively impacted by economic pressures and continue to defer discretionary maintenance on their vehicles.”
Fourth-quarter comparable store sales were up for O'Reilly Automotive Inc. but fell short of the retailer's expectations for the holiday shopping season. via Springfield Business Journal
AutoZone renews its focus on commercial sales
For several quarters, AutoZone Inc. investors have been asked to be patient while management implemented a series of initiatives to fuel more meaningful top-line growth. via Motor Age
“Bob's skills and marketing experience in a similar environment to ours will be invaluable to us as we face the challenges of growing our military and commercial winch sales and improving our profitability”
Robert Fernandez is the new senior executive vp for strategic marketing for specialty vehicle parts manufacturer and distributor Mile Marker International. via Fleet Owner Magazine
Lunchtime Stock News for January 4, 2008
BusinessNewsNow's Stock News Highlights: AmeriResource Technologies, Inc. ; Cavium Networks ; Alpine TLI Group, Inc. via M2.com
Taubman family pledges $15 million to museum
The former chairman of Advance Auto Parts and his wife have pledged to give $15 million to the Art Museum of Western Virginia, The Roanoke Times reported. via Virginia Business
BZA sets stage for auto parts war
“Major chains have a tendency to follow others”
Advance Auto Parts at 801 Indian Boundary Road could soon have a national chain competitor open its doors right across the street: Auto Zone. via Chesterton Tribune