Market Overview

Walmart and Advance Auto Parts Announce Plans to Launch Automotive Specialty Store on Walmart.com

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Strategic Omnichannel Partnership to Deliver a New Level of
Convenience in Aftermarket Automotive Parts Shopping

Walmart.com and Advance Auto Parts, Inc. (NYSE:AAP), a leading
automotive aftermarket parts provider in North America, today announced
a comprehensive, strategic partnership that will create an automotive
specialty store on Walmart.com. Expected to begin rolling out in the
first half of 2019, the new omnichannel shopping experience will provide
customers with access to Advance's extensive portfolio of aftermarket
automotive parts, accessories and maintenance items.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20181016005313/en/

"This year, we've been incredibly focused on building our offering on
Walmart.com to ensure we have the specialty assortment that our
customers are looking for," said Phillip Oaks, Vice President and Group
General Manager, Retail Merchandising, Walmart eCommerce. "In line with
this focus, we are thrilled to be partnering with Advance, which will
bring us its industry leading automotive product assortment and
know-how. This comprehensive partnership will enhance almost every
aspect of the automotive customer shopping experience – from the product
offering online to fulfillment capabilities."

The new specialty store will complement Walmart's automotive offering of
common parts and accessories online and in stores, including an
extensive assortment of tire, lube and battery services in more than
2,500 Walmart Auto Care Centers across the country. Launching in phases
over the coming year, the specialty store will also feature a variety of
Advance's value-added content and product information. The companies
also plan to work together to explore new fulfillment options that will
bring customers unparalleled convenience, including home delivery,
same-day pickup in a Walmart or Advance store and installation of some
parts.

"This is an exciting partnership for both Advance and Walmart
customers," said Tom Greco, President and CEO, Advance Auto Parts. "At
Advance, we are absolutely committed to building a best-in-class
omnichannel experience and Walmart is an undisputed omnichannel leader.
Partnering with Walmart enables us to share our extensive product
offering and trusted advice with an increased number of do-it-yourself
customers and supports our long-term strategic objectives."

About Walmart

Walmart Inc. (NYSE:WMT) helps people around the world save money and
live better - anytime and anywhere - in retail stores, online, and
through their mobile devices. Each week, nearly 265 million customers
and members visit our more than 11,200 stores under 55 banners in 27
countries and eCommerce websites. With fiscal year 2018 revenue of
$500.3 billion, Walmart employs over 2.2 million associates worldwide.
Walmart continues to be a leader in sustainability, corporate
philanthropy and employment opportunity. Additional information about
Walmart can be found by visiting http://corporate.walmart.com,
on Facebook at http://facebook.com/walmart
and on Twitter at http://twitter.com/walmart.

About Advance Auto Parts

Advance Auto Parts, Inc. is a leading automotive aftermarket parts
provider that serves both professional installer and do-it-yourself
customers through its vast network of nearly 6,400 stores, independently
owned Carquest branded locations and Worldpac branches. Advance's more
than 70,000 dedicated and knowledgeable Team Members serve customers
throughout the United States, Canada, Puerto Rico, the U.S. Virgin
Islands, Mexico, the Bahamas, Turks and Caicos, British Virgin Islands
and Pacific Islands. Additional information about Advance, including
employment opportunities, customer services, and online shopping for
parts, accessories and other offerings can be found at www.AdvanceAutoParts.com.

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