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Autopart International opens 3 Cincinnati stores
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By Counterman
link hidden, please login to view’s Executive Committee announced it welcoming Robert Roos, effective July 1, 2024, in a show of its focus on North America. Roos is the president & CEO of link hidden, please login to view – APSG and president of NEXUS North America. “With a robust career of over 40 years in the automotive industry, Robert has held key positions that underscore his expertise and leadership,” NEXUS said in a recent press announcement.
According to NEXUS, the appointment “aligns with the company’s increased ambitions in North America, aiming to accelerate the growth plans of N!’s OEM partners and gradually integrate a growing number of North American partners.”
This objective will be supported by a more active presence of the NEXUS team in Grapevine, Texas, at APSG’s headquarters. Besides its “growth accelerator” prime goal, this presence will enable the proactive deployment of NEXUS initiatives such as Mobilion, Marketparts and Smartparts, the company said.
Roos actively participates in multiple industry committees including the Education Committee within The Auto Care Association, The AWDA Board of Governors, and the University of the Aftermarket Foundation, demonstrating his commitment to advancing the automotive sector through collaborative efforts and industry-wide initiatives, NEXUS added.
“I am honored to take on this role at such a significant time for NEXUS. Together, we will continue to drive innovation and growth, ensuring that NEXUS remains at the forefront of the automotive aftermarket industry,” Roos said.
Gaël Escribe, NEXUS Automotive International CEO, said: “We are thrilled to welcome Robert to N!’s Executive Committee. Our focus on growth in this region is encapsulated by our new motto ‘Brightening our future’, which perfectly reflects our vision for growth and innovation in the coming decades.”
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By Counterman
link hidden, please login to view member Crow-Burlingame announces the appointment of Richard Webster as vice president of company stores. With a journey spanning nearly three decades within the company, Webster’s advancement from a dedicated store manager to district manager, then regional manager, and now vice president is a testament to Crow-Burlingame’s commitment to fostering internal talent and promoting professional growth, the company said. “I am pleased to announce that Richard Webster is stepping into the Vice President of Company Stores role,” said Fletcher Lord III, Crow-Burlingame’s CEO. “Webster’s wealth of experience in automotive industry and store operations will be a tremendous asset to Crow-Burlingame.”
In his new capacity, Webster will be at the helm of overseeing all facets of Crow-Burlingame’s company-owned stores, “ensuring operational efficiency, and steering the stores through evolving market challenges, while upholding the company’s core values and customer-centric approach,” the company said.
Webster’s promotion comes at a time of strategic realignment with Crow-Burlingame, as Tom Singleton, the vice president of store operations, transitions to vice president of strategic initiatives. Singleton’s wealth of knowledge and guidance will continue to be invaluable, further leading the charge on strategic initiatives for the company, Crow-Burlingame said.
“We are extremely fortunate to have Tom Singleton remain with us as he takes on the VP of Strategic Initiatives role,” Lord added. “His depth of experience and insights will be instrumental in driving strategic vision with our company-owned stores.”
Singleton expressed excitement about the transition and his allegiance to Crow-Burlingame’s 100-plus years of success. “While my role may change, my dedication to Crow-Burlingame remains in my heart, I look forward to working closely with Richard and the team to drive our stores forward.”
Webster echoed Singleton’s statements, expressing his gratitude for the opportunity and excitement for the future. “I am honored to take on this new role and lead our company stores into the next chapter,” Webster said. “With Tom’s guidance and the support of our dedicated team, I am confident that we will continue to care for our customers’ everyday needs.”
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By Counterman
During HDA Truck Pride’s recent Annual Meeting, attendees raised $35,000 for Kids Matter International.
link hidden, please login to view Kicking off its 2024 Annual Meeting, HDA Truck Pride hosted a Cornhole Tournament & Welcome Dinner, where teams competed in a friendly yet spirited competition, with all proceeds being donated to Kids Matter International. Throughout the week there were additional opportunities for attendees to contribute to the charity partner and make an impact.
“We are honored to partner with Kids Matter International and incredibly proud of our network for their passionate efforts in being able to raise $35,000 for kids in need. The Kids Matter commitment to the Grapevine community deeply resonates with the values we hold within our HDA Truck Pride network. We’re all about communities coming together to help each other and protect future generations. What better way to do that than through some friendly competition?” said HDA Truck Pride President & CEO, Tina Hubbard.
Founded in 2006, Kids Matter International has been instrumental in providing essential resources and educational opportunities to children in need in the Grapevine, Texas, area. From providing new clothing, shoes, books, and backpacks, to offering educational programs, Kids Matter International empowers children and instills hope for a brighter future, HDA Truck Pride explained.
For a child who lives in poverty, wearing tattered, worn-out clothes and shoes can negatively impact their self-esteem and confidence. It can also negatively impact their ability to learn when not appropriately dressed for weather conditions. With a donation of $100, Kids Matter International provides up to $350 worth of new clothes and shoes to a child in need, the organization said.
“This donation will enable us to provide clothing to an additional 350 kids in 2024, resulting in a total value of $122,500 in new merchandise,” expressed Marti Conner, president & CEO of Kids Matter International. “On behalf of the children we serve, we extend our heartfelt gratitude to HDA Truck Pride and the attendees for making a significant difference in the lives of these children.”
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By Counterman
Executives on AutoZone’s most recent earnings call were upbeat about the growth prospects for the company’s international stores.
AutoZone began publishing its international same-store sales numbers in September, along with its overall FY-2022 fourth-quarter results.
In the fourth quarter, AutoZone’s stores in Mexico and Brazil posted year-over-year same-store sales growth of nearly 15% on a constant-currency basis – compared to 1.7% for the company’s domestic stores.
In the first quarter of AutoZone’s fiscal-year 2023, which ended Nov. 18, same-store sales growth in Mexico and Brazil outpaced U.S. stores again. On a constant-currency basis, AutoZone’s international stores posted year-over-year same-store sales growth of nearly 11%, compared to 1.2% for its U.S. stores.
On AutoZone’s Dec. 5 conference call, CEO Bill Rhodes noted that “international has become a more important part of our growth story and an area where we are increasingly deploying capital.”
“We are very excited about the short- and long-term growth prospects of international,” Rhodes added. “Our expectations are we will continue to grow mature-store volumes both in DIY and DIFM and we plan to accelerate new-store openings over the next several years, ultimately getting to a minimum of 200 international new stores by 2028.”
During the first quarter, AutoZone said it opened five new stores in Mexico and four in Brazil. As of Nov. 18, the company had 6,316 stores in the United States, 745 in Mexico and 104 in Brazil, for a total store count of 7,165.
“These [international] businesses had impressive performance last quarter and should continue to grow at a robust pace for the remainder of fiscal 2024,” said Phil Daniele, who will succeed Rhodes as CEO in January. “We are leveraging many of the learnings we have in the U.S. to refine our offerings in Mexico and Brazil.”
Although AutoZone isn’t breaking out bottom-line data for its international stores, CFO Jamere Jackson provided some insight on profit margins during the question-and-answer session with analysts.
“From a margin standpoint, we’re very pleased with the progress that we’re making on margins – both gross margins and total operating margins,” Jackson said. “In our business in Mexico, which is much more mature than what we have in Brazil, we’ve been very pleased with the actions we’ve been able to take on the merchandising side of the business, and that’s given us a very healthy gross margin in that business.”
Considering “the inherent advantages” of low-cost labor, Jackson added, “it’s a very attractive operating-margin structure in Mexico, and we believe as our business in Brazil matures and scales over time that we’ll see similar advantages in Brazil.”
However, as AutoZone aggressively invests to open new stores in Brazil, Rhodes cautioned that “we’re still losing money there.” Those new stores “are causing a pretty good headwind,” Rhodes added, but such challenges are “not unanticipated.”
While Rhodes and Daniele made a point to highlight the same-store sales growth in Mexico and Brazil during the call, Daniele emphasized that “the No. 1 focus for the remainder of the year will be on growing [market] share in our domestic commercial business.”
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By Counterman
Carquest by Advance has opened its newest store in Amelia Court House, Virginia, located at 15203 Patrick Henry Hwy.
It’s the fourth Carquest store owned by Magee Auto Parts LLC, with the Magee group also operating locations in Toano, Wakefield and Waverly, Virginia.
Magee’s family has been in the auto parts business for more than 40 years, with Trey’s grandfather having opened his first Carquest location in 1981. Since then, his family has been a friendly, trusted resource for automotive parts and expert knowledge in communities across southern Virginia.
The new Carquest by Advance caters to do-it-yourselfers and professional customers across Amelia County, offering quality, name-brand automotive products including DieHard auto batteries. Motorists also have access to free curbside services provided by the store team, including battery testing, battery installation and wiper-blade installation. The store also offers heavy-duty and agricultural products, including filters and custom-length hydraulic hoses.
“We’re proud to grow our business with the opening of our new Carquest by Advance,” said Trey Magee. “The community has given us a wonderful reception since we opened our doors, and we’re excited to be here. Our promise is to deliver the best service, advice and parts to every customer who walks through our building. Whether you’re a DIYer, a repair shop owner or a local farmer, we’re going to find the parts and products you need to complete your job.”
The Carquest by Advance first opened on Aug. 28, with Magee employing five team members at the store.
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