Advance Auto Parts 2004 Annual Report Download - page 11
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Please find page 11 of the 2004 Advance Auto Parts annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.We’reworkinghardertosaveourcustomersmoney.AdvanceAutoPartsisavalueleaderintheautomotiveaftermarket.
Weoffer“ready-to-go”lowpriceseverydayonourwideselectionofbrandnameandproprietarylabelparts,batteries,accessories,
chemicals,motoroils,andmaintenanceitems.Ourcommitmenttovalueishelpingtomakeusourcustomers’retailerofchoiceforalloftheir
vehiclerelatedneeds.
Ourstorebrandsprogram,includingourvalue-pricedprivatelabelproductsandourpremium-quality“Professional’sFavorite”line,isoneway
weareprovidingvaluepricingtoourcustomers,whilealsosupplyingabettervarietyofinnovativeandexcitingproducts.
Encompassingawiderangeofcategoriesfrommotoroiltochemicalsandcleaningsupplies,ourprivatelabelproducts,whicharecomparable
to the leading national brand, are designed with the cost-conscious do-it-yourselfer and professional customer in mind. Our premium brand,
“Professional’sFavorite”isalsoavailableinmultiplecategories,fromwashandwaxmaintenanceitemstoconveniencegoods.Eachproducthasa
unique,high-qualitycharacteristicthatmakesittherightchoicefortheselectivecustomer.Throughbrandrecognitionandconsumerloyalty,our
storebrandsareshowingsolidresults.In2005,wewillcontinuetobringground-breakingproductstothemarketplacethatwillkeepourcustomers
comingbacktoourstoresforthequalityandvaluetheydeserve.
Wealsoareincreasingourin-storecommunicationswithcustomers.“CompareandSave”signspostedwithprivatelabelitemsoffercompari-
sonstotheleadingnationalbrand,givingcustomerstheinformationtheyneedtomakeaninformed,economicalchoice.Ournewfronttagshelf
pricingsystem,whichwasimplementedin2004,isenhancingourcustomers’shoppingexperience.Brightyellowtagsnowdisplaylargerpricing
informationandbetterproductdescriptions,sothatourcustomerscanbeconfidenttheyarebuyingtherightproducteverytime.Thisinitiativealso
helpsourteamtomanageourinventorybetterandkeepourshelvesbetterorganized.
Weare proudthatourpricinginitiatives aresavingourcustomersmoney.In2005,wewill
continue lookingfornew waysto meetcustomer demands so thatwe can grow oursales by
offeringtherightproductsattherightprice.
thatcan’tbebeat
GrowingOurStoreBrands:
PRIVATELABELPRODUCTS
Privatelabelproductsarebuiltonthreeimportantprinciples:Quality,ValueandTrust.
Eachproductisasgoodorbetterthanthecomparableleadingnationalbrandproduct.
Ournameoneachlabelisapromisethatwestandbehindtheproductandguarantee
100%customersatisfaction.
“PROFESSIONAL’SFAVORITE”PRODUCTS
OurpremiumstorebrandisavailableexclusivelyatAdvanceAutoParts.
Thisprogramisaboutdevelopingandpioneeringinnovativeproductsfortheselective
do-it-yourselfer.
The“StarofQuality”oneachproductguaranteesourcustomers’completesatisfaction.
Page8Photo:BottomLeft
PartsProMichaelShortinstallingwindshieldwipers.
Page9Photo:TopRight
SecondAssistantManagerSteveWirthhelpsa
customerwithprivatelabelproducts.
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AdvanceAutoParts,Inc.andSubsidiaries