Advance Auto Parts Inc was incorporated in Delaware on August 8, 2001. The Company is a specialty retailer of automotive aftermarket parts, accessories, batteries and maintenance items mainly operating within the United States. Its operations comprises of approximately 5171 stores and 122 branches that operate in the United States, Canada, Puerto Rico and the U.S. Virgin Islands under trade names "Advance Auto Parts", "Carquest", "Autopart International" and "Worldpac." The company's stores and branches offer a selection of brand name, original equipment manufacturer (OEM) and private label automotive replacement parts, accessories, batteries and maintenance items for domestic and imported cars, vans, sport utility vehicles and light and heavy duty trucks. The company serves its do-it-for-me (commercial) customers and do-it-yourself (DIY) customers through channels from traditional brick and mortar store locations to self-serving e-commerce sites. The Company offers delivery service to its Commercial customers' places of business, including independent garages, service stations and auto dealers, utilizing a fleet of vehicles to deliver product from its 4,745 store locations with delivery service. In addition, it serves approximately 1,300 independently-owned Carquest stores. Its competitors are national and regional chains of automotive stores including Auto AutoZone, Inc., NAPA, O'Reilly Automotive, Inc., The Pep Boys-Manny, Moe & Jack and Auto Plus (formerly Uni-Select USA, Inc), discount stores, wholesalers, independently-owned stores, automobile dealers and internet-based retailers. The Company is subject to federal, state and local laws and governmental regulations.
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