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AutoZone to Attend Upcoming International Council of Shopping Centers’ 2017 RECon – The Global Real Estate Convention
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By AutoZone
MEMPHIS, Tenn. , Nov. 19, 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 first quarter ended Saturday, November 23, 2024 , before market open on Tuesday,
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By APF
Advance Auto Parts today announced with their Q3 release a new strategic plan that includes a reduction in U.S. footprint:
Store operations Reduction in U.S. asset footprint - closing 523 Advance corporate stores, exiting 204 independent locations, and closing four distribution centers. Standardization of store operating model and improving labor productivity. Acceleration in pace of new store openings. Merchandising excellence Strategic sourcing to improve first costs and bring link hidden, please login to view to market faster. Assortment management to enhance availability of link hidden, please login to view. Pricing and promotions management to improve gross margin. Supply chain Consolidation of distribution centers to operate 13 large facilities by 2026. Opening of 60 market hub locations by mid-2027. Optimization of transportation routes and freight to lower costs and improve productivity.
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By AutoZone
MEMPHIS, Tenn. , Sept. 24, 2024 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO) today reported net sales of $6.2 billion for its fourth quarter (17 weeks) ended August 31, 2024 , an increase of 9.0% from the fourth quarter of fiscal 2023 (16 weeks). Excluding sales from the additional week included
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By Counterman
link hidden, please login to view announced its upcoming Automotive Summit, which will bring together automotive industry leaders and experts for a one-day event featuring insightful discussions and networking opportunities on Oct. 3 in Midland, Michigan. Organized by the Center for Automotive & Mobility Studies (CAMS) at Northwood University, the
link hidden, please login to view will cover a range of key topics facing the automotive industry today, including retail trends, dealer relations, F&I, compliance and regulations, and the state of the automotive aftermarket sector. “The CAMS industry Summit is a unique opportunity for industry professionals and future leaders to come together and explore the dynamics shaping the automotive landscape,” said Dr. Matthew Bennett, vice president of strategic alliances and CAMS. “Northwood University is committed to fostering meaningful dialogue that drives innovation and growth in this critical sector.”
The CAMS Industry Summit will kick off at 8 a.m. Oct. 3 with networking and coffee, followed by a series of sessions featuring prominent industry figures, Northwood University said, including:
-Shannon Robertson, executive vice president, Association of Finance & Insurance Professionals (AFIP)
-Jeff Beals, senior vice president, professional services, CDK Global
-Brian Benstock, general manager and vice president, Paragon Honda & Acura
-Mike Cavanaugh, regional vice president, Lithia and Driveway
-Rebecca Chernek, vice president, strategic client relations, Agora Data
-Eric Flow, president of management services, Flow Automotive Companies
-Adam Genei, owner, Mobsteel/Detroit Steel Wheel Co.
-Don Hall, owner, Don Hall Automotive Group, and president/CEO of the Virginia Automobile Dealers Association (VADA)
–Grace Huang, president, inventory solutions, Cox Automotive
-Ted Hughes,
link hidden, please login to view (AWDA) executive director, and senior director of community engagement for the link hidden, please login to view
-Ted Ings, founder, Ted Ings’ Fixed Ops Roundtable
-David Jett, senior vice president, Stephens Inc.
-Tom Kline, founder, Better Vantage Point
-Bob Kron, president and chief operating officer for The Rydell Company, and
-Shawn Leibold, director of industry relations, Reynolds and Reynolds Summit attendees will gain insights from panel discussions on various subjects, including “Current Trends in Automotive Retail,” “F&I, Compliance & Regulations,” “Current Trends in Automotive Aftermarket,” and “Dealer Relationships & The Customer Experience.”
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