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O’Reilly Automotive, Inc. Announces Chairman of the Board Succession Plan
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By Counterman
Valvoline has been recognized as a top franchisor in Entrepreneur’s 46th annual Franchise 500
link hidden, please login to view This is the second year the company ranked as the leading automotive services retailer and 24th overall among the top 500 franchise brands for 2025. Today, more than half of Valvoline’s preventive automotive maintenance service centers are operated by franchisees. Over time, the company said it expects to increase the number of stores it opens each year, targeting 250 store openings annually to reach the company’s goal of more than 3,500 total retail locations. “I am proud that once again
link hidden, please login to view Inc. has been recognized as the leading franchisor of automotive service retailers,” said Lori Flees, Valvoline Inc. president and CEO. “Our franchise partners play a critical role in our success. I value their partnership and look forward to our continued growth together.” The Entrepreneur Franchise 500 ranks companies with a minimum of 10 franchise units that are looking to expand in the United States and Canada. The recognition is based on key evaluation pillars: cost and fees, size and growth, support and brand strength.
“We are committed to maximizing our same store sales growth, as well as accelerating our retail network,” said Adam Worsham,
link hidden, please login to viewInc.’s chief franchising officer. “There is significant opportunity within the preventive automotive services industry and an opportunity to bring the convenient services of Valvoline Instant Oil Change to even more people.” The post
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By Counterman
NexaMotion Group (NMG) announced the opening of a new C&M Auto Parts location in the Chicago area. The new store, located at 780 W Belden Avenue, Unit G, in Addison, Illinois, offers customers a full line of general repair and transmission parts. NMG said the new location combines the trusted quality of C&M and Transtar products with unmatched customer support, delivering a comprehensive resource that empowers repair shops to serve the local market.
“This is just the start for NMG in 2025,” said Neil Sethi, CEO of
link hidden, please login to view. “Customers can expect to see additional new locations throughout the year, as well as expanded product lines and additional partnerships to serve them better. We’re continuing with our strategic vision to grow our markets and deliver unmatched value to our customers. The new location gives us a great opportunity to serve our customers in a key market.” C&M Auto Parts provides a complete range of automotive aftermarket parts, expertly catering to the diverse needs of repair shops in the local market. In collaboration with its affiliate
link hidden, please login to viewCompany, Transtar Aftermarket Solutions, this facility offers customers a customized product selection that simplifies complex vehicle repairs to keep the world moving, the company said.
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By OReilly Auto Parts
SPRINGFIELD, Mo., Jan. 02, 2025 (GLOBE NEWSWIRE) -- O’Reilly Automotive, Inc. (the “Company” or “O’Reilly”) (Nasdaq: ORLY), a leading retailer in the automotive aftermarket industry, announces the release date for its fourth quarter and full-year 2024 results as Wednesday, February 5, 2025, with a conference call to follow on Thursday, February 6, 2025.
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By Counterman
link hidden, please login to view announced the promotions of two company vice presidents to senior vice presidents. Bailey Childress, vice president, merchandising, has been promoted to senior vice president, omnichannel and merchandising support, and Luke Rauch, vice president, merchandising, has been promoted to senior vice president, merchandising and global sourcing. Childress and Rauch will join the company’s Executive Committee and report to Bill Hackney, executive vice president, merchandising, marketing and supply chain.
“We are very pleased to announce these promotions,” said Phil Daniele, president and CEO. “Bailey is a proven leader who has delivered outstanding results throughout his career at
link hidden, please login to view. Luke is an experienced lead merchant who brings a remarkable track record of results across multiple industries to the role. Both are well-positioned to help AutoZone continue serving customers and driving accelerated growth for many years to come.” The post
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By AutoZone
MEMPHIS, Tenn. , Dec. 19, 2024 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO) today announces two Senior Vice President promotions. Bailey Childress , Vice President, Merchandising, has been promoted to Senior Vice President, Omnichannel and Merchandising Support, and Luke Rauch , Vice President,
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