Jump to content

  • Welcome to Auto Parts Forum

    Whether you are a veteran automotive parts guru or just someone looking for some quick auto parts advice, register today and start a new topic in our forum. Registration is free and you can even sign up with social network platforms such as Facebook, Twitter, Google, and LinkedIn. 

     

AutoZone to Attend Upcoming International Council of Shopping Centers’ 2018 RECon – The Global Real Estate Convention


Recommended Posts

MEMPHIS, Tenn., May 01, 2018 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE:AZO) today announced it will be an exhibitor in the leasing mall at the International Council of Shopping Centers’ 2018 RECon, to be held at the Las Vegas Convention Center in Las Vegas, Nevada, May 20th – 23rd, 2018. RECon is the global convention for the shopping center industry and provides networking, deal making and educational opportunities for retail real estate professionals from around the world. With over 37,000 attendees and 1,200 exhibitors spread across 830,000 square feet, RECon is the world’s largest retail real estate exhibition and conference, providing the opportunity to network, make deals and learn fr...

link hidden, please login to view

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Similar Topics

    • By Counterman
      Genuine Parts Co. (GPC) reported full-year 2023 sales of $23.1 billion, a 4.5% year-over-year increase.
      Net income was $1.3 billion, or $9.33 per diluted share, an increase of 12.3%.
      Full-year net sales in the Automotive Parts Group, which includes NAPA Auto Parts, were $14.25 billion, up from $13.67 billion in 2022.
      Fourth-quarter automotive sales were up nearly 1% to $3.5 billion.
      While GPC’s international automotive businesses posted positive sales growth in local currency, the U.S. automotive segment saw a dip in sales, GPC President and COO Will Stengel noted during the company’s Feb. 15 conference call.
      “In North America, while results fell short of our expectations, we remain focused on our strategic initiatives and continue to make solid progress,” GPC Chairman and CEO Paul Donahue said during the call. “We’ve undertaken a comprehensive review of the NAPA business to identify key issues, and we have taken action to improve the performance at NAPA. We are confident we are focused on the right initiatives to positively impact our performance in the quarters ahead.”
      Coinciding with the release of its full-year and fourth-quarter 2023 financial results, GPC said the company is launching a global restructuring “to better align the company’s assets and further improve the efficiency of the business.”
      The restructuring includes a voluntary retirement offer in the United States, along with “a rationalization and optimization of certain distribution centers, stores and other facilities,” according to the company.  
      Through the restructuring, GPC said it expects to realize approximately $20 million to $40 million of savings in 2024, and approximately $45 million to $90 million on an annualized basis. The company also expects to incur costs of approximately $100 million to $200 million related to the restructuring efforts in 2024 and will report the restructuring costs as a non-recurring expense.
      “The primary objective of the global program is to continue to simplify and streamline our operations consistent with our overall business strategy,” Stengel explained during the conference call. “When we simplify, we increase the speed of local service, deliver operational productivity, improve the efficiency of our teams and reduce our overall cost to serve.”
      Stengel noted that the restructuring initiative “is a similar playbook to our previous GPC program implemented in fall 2019 that delivered positive results.”
      “Aspects of the restructuring are already in flight, and some will take place in the months ahead,” Stengel added.
      Focus on NAPA
      Stengel talked at length about efforts to revitalize GPC’s NAPA Auto Parts business.
      GPC has identified three areas of improvement for NAPA: improving fill rates in key product categories, “operational rigor in our stores” and capitalizing on commercial growth opportunities, Stengel explained.
      Adjustments to “certain key suppliers to improve fill rates” boosted fourth-quarter “category trends,” Stengel said, adding that “we’re encouraged by the positive momentum.”
      “Second, our in-store service levels measured by on-time delivery to customers have significantly improved as a result of increased focused on last-mile operating disciplines,” Stengel said.
      Stengel noted that efforts to improve commercial sales growth are “ongoing.” GPC recently appointed Tom Skov to the newly created role of executive vice president, sales & store operations, North America.
      “He’s an automotive-parts expert and has a deep understanding of our customers field sales and store operations,” Stengel asserted. “We’re excited for the strong leadership Tom will bring to our sales and store operations field teams.”
      The post
      link hidden, please login to view appeared first on link hidden, please login to view.
      link hidden, please login to view
    • By Counterman
      The VIPAR Heavy Duty Supplier Advisory Council recently held its semi-annual meeting to discuss current and expected market conditions and opportunities, as well as other key topics for the independent aftermarket and the company’s distributor network.
      “The Supplier Advisory Council serves an essential role in ensuring the many industry-leading programs and services we provide our VIPAR Heavy Duty stockholders are in sync with the current and future goals of our organization and our supplier partners,” said Larry Griffin,
      link hidden, please login to view vice president of program management. “It’s a valuable resource for keeping a close pulse on the aftermarket’s economic performance, trends in end-user demand, and emerging technologies and regulations.” Griffin said the council is expecting a stable aftermarket in 2024 with moderate, single-digit growth, a reliable supply chain and continued expansion of the VIPAR Heavy Duty Family of Companies’ network. 
      “Last year was historic in terms of the VIPAR Heavy Duty Family of Companies’ growth and innovation, and we’re committed to continue the momentum in 2024 and beyond,” Griffin said. “The council was very pleased with our performance last year and expressed strong support of our strategy to continue increasing our North American footprint this year and into the future.”
      In 2023, the VIPAR Heavy Duty Family of Companies’ distributor network reached a milestone 930-plus VIPAR Heavy Duty and Power Heavy Duty locations, including nearly 600 that provide service and repair. Additionally, Power Heavy Duty added a record 18 new members for a total of 224 locations. 
      The post
      link hidden, please login to view appeared first on link hidden, please login to view.
      link hidden, please login to view
    • By AutoZone
      MEMPHIS, Tenn. , Feb. 02, 2024 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO), the leading retailer and distributor of automotive replacement parts and accessories in the Americas , will release results for its second quarter ended Saturday, February 10, 2024 , before market open on Tuesday,
      link hidden, please login to view
    • A-premium Auto Parts:5% OFF with Code GM5.
    • By Counterman
      March 4 is the deadline to register for four upcoming University of Aftermarket courses through Northwood University.
      “These courses offer aftermarket-focused business, management and leadership education for motor vehicle aftermarket professionals,” said Dr. Thomas Litzinger, executive director of the University of Aftermarket and aftermarket industry chair at Northwood University. “We are pleased to offer industry-specific professional development to those working in the industry.”
      Four upcoming courses – Consumer Behavior; Selling & Sales Management; The Culture of Leadership; and Aftermarket Field Sales Management — are scheduled to take place from March 18 through May 12.
      Aftermarket Field Sales Management
      The Aftermarket Field Sales Management course examines the field sales manager’s job activities. Subjects include selling skills; expense management; time management; merchandising/advertising plans; sales-report writing/sales-forecast plans; tradeshow management; and human resource skills.
      The Culture of Leadership
      The Culture of Leadership course consists of an analysis of organizational factors that influence leadership and management skills. Key aspects include formal and informal groups; norms; sanctions; organizational change; morale; function of committees and teams; role of unilateral decisions; teamwork, empowerment; and ethical philosophy.
      It also includes a self-appraisal of leadership and management strengths and areas for development.
      Selling & Sales Management
      The Selling & Sales Management course will develop students’ competencies in professional selling theory and approaches, presentation skills and sales-management techniques.
      The course focuses on developing and maintaining relationships with customers and management of the process of finding, converting and keeping customers while achieving the organization’s goals. Communication techniques, career planning, selling strategies and tactics, as well as sales duties and responsibilities are included.
      Consumer Behavior
      The Consumer Behavior course will explore the consumer behavior theory, including the introduction of behavioral models to investigate the consumer psychology. This includes application of consumer-behavior principles to customer satisfaction, market planning and merchandise-mix decisions. Ethical, diversity and international issues also are explored.
      The deadline to register for any of the above four courses is March 4. Registration links, as well as full descriptions of all University of Aftermarket courses, are online here: 
      link hidden, please login to view. The post
      link hidden, please login to view appeared first on link hidden, please login to view.
      link hidden, please login to view

×
  • Create New...