Advance Auto Parts 2015 Annual Report Download - page 17

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consisting of a custom mix of product based on each store's respective market. Supplementing the inventory on-hand
at our stores is an additional 15,000 less common SKUs that are available in many of our larger stores, known as HUB
stores. These additional SKUs are available on a same-day or next-day basis.
Carquest - Consists of 873 stores as of January 2, 2016 generally located in freestanding buildings with a heavy focus
on Commercial customers, but also serving DIY customers. The average size of a Carquest store is approximately
7,400 square feet. These stores carry a wide variety of products serving the aftermarket auto part needs for both
domestic and import vehicles with a product offering of approximately 23,000 SKUs. We have already begun our
integration plan to fully convert or consolidate the Carquest stores with our Advance Auto Parts stores over the next
few years. As of January 2, 2016, Carquest also served approximately 1,300 independently-owned stores which
operate under the Carquest name.
As of January 2, 2016, we also operated 12 stores under the Carquest name that were acquired as part of the
acquisition of B.W.P. Distributors, Inc. ("BWP") on December 31, 2012. These locations are expected to be converted
or consolidated with our Advance Auto Parts stores in 2016.
Worldpac - Consists of 122 branches as of January 2, 2016 that principally serve Commercial customers utilizing an
efficient and sophisticated on-line ordering and fulfillment system. The Worldpac branches are generally larger than
our other store locations averaging approximately 27,000 square feet in size. Worldpac specializes in imported, OEM
parts. Worldpac's complete product offering includes over 100,000 SKUs for over 40 import and domestic vehicle
carlines.
Autopart International ("AI") - Consists of 184 stores as of January 2, 2016 operating primarily in the Northeastern
and Mid-Atlantic regions of the United States focusing on the Commercial customer. These stores specialize in
imported aftermarket and private label branded auto parts. The AI stores offer approximately 39,000 SKUs through
routine replenishment from its supply chain.
We acquired the Carquest and Worldpac operations as part of our acquisition of GPI on January 2, 2014. Our multi-year
integration plan remains underway which is focused on the integration of the Advance Auto Part and Carquest operations. Since
the acquisition, we have consolidated or converted nearly 350 Carquest stores, completed support center consolidations,
integrated our field teams, harmonized pricing and brands and substantially completed product changeovers. In addition, we
have been able to utilize cross-sourcing of inventory between most of our enterprise-wide locations to expand availability and
the breadth of our product offerings to better meet the needs of our customers.
Through our integrated operating approach, we also serve our customers online at www.AdvanceAutoParts.com and
www.Worldpac.com. Our Commercial customers, consisting primarily of delivery customers for whom we deliver product
from our store or branch locations to our Commercial customers’ places of business, can conveniently place their orders online
through these websites. Our online websites also allow our DIY customers to pick up merchandise at a conveniently located
store or have their purchases shipped directly to them.
We strive to be the leader in the automotive aftermarket industry by fulfilling our promise through our Superior
Availability and Outstanding Customer Service priorities. We offer our customers quality products which are covered by a
solid warranty. Many of our products are offered at a good, better or best recommendation differentiated by price and quality.
The primary categories of products we offer include:
• Parts, including alternators, batteries, belts and hoses, brakes and brake pads, chassis parts, climate control parts,
clutches, driveshafts, engines and engine parts, ignition parts, lighting, radiators, starters, spark plugs and wires,
steering and alignment parts, transmissions, water pumps and windshield wiper blades;
• Accessories, including air fresheners, automotive paint, anti-theft devices, emergency road kits, floor mats, ice
scrapers, mirrors, seat and steering wheel covers, and vent shades;
• Chemicals, including antifreeze, brake and power steering fluid, car washes and waxes, freon, fuel additives, and
windshield washer fluid;
• Oil, transmission fluid and other automotive petroleum products; and
• Other miscellaneous offerings, including certain eServices.