How many of you think that we are to far gone and will be prime for the buyout that's coming, or that interstate batteries will save us from certain doom?
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Topics regarding layoffs at Advance Auto Parts Inc.
Going to be interesting to see the reaction of commercial customers when all Advance locations stock Interstate Batteries in the spring.
AAP is now considered a takeover target (per Jim Cramer CNBC). Other than Carl Icahn, who would want to buy this train wreck?
How many of you CQ Independent owners have an exit strategy from AAP? Could be from retirement, health issues, or that Advance dumps you. I am weighing my options and have wondered what other owners may be doing. I was approached by another supplier... read more
Went on the site on my phone and it says *call *get directions *get a ride uber link maybe? The link would not work but check it out I have a screenshot but can't figure out how to post here
Do any Advance stores have a Christmas party for employees? I've had several of my people comment that the local carquest guys are having a party as they have always done at their store. Several of my drivers were invited but no one else.
Auto Zone and O' riles looking for good people! They treat you better!
A smart person sales the stock and invest else where! Good people let go and no thanks! No parts, put some in each store and deliver from any where, what a joke! Gas baby, gas, baby!
Has anyone else went to a 6 day work week? That's the new direction all the GM's received in my district. Effective immediately.
TG sees opportunity after challenging year at Advance Auto Parts. He believes Advance Auto Parts must become more focused on helping customers. Problems solved!!
When a company underperforms, they always cut payroll because it's the easiest thing to cut fast. But it always causes customer service issues and lost sales for months to come. Then they see even worse numbers and figure if they add hours to... read more
In my area(Maine) we've been given print outs of their customers purchases and pricing and told to go after them full bore.I don't like this,I don't think it will work,and will piss off the independents.The fact that we have access to all their info... read more
There is nothing in the works about eliminating the CSM or CAM position. They have plans put in place for the CAM position until 2020 I know of for sure. 20000 TNP accounts is one of the goals. Not sure where this poster got the info, but any chance... read more
As a longtime CAM, it’s the time of year where my customers start looking for Christmas goodies from their vendors. As usual, it becomes a bit of a competition between suppliers as the customers always throw in your face what your competitor did... read more
I really anticipate fiolettsk.rus to start happening once they realize their plan for an explosive 1st quarter has all but backfired. There is low to no availability on the most common of parts. The gas3 thing is a joke. The company is a joke. Sell... read more
So it was the first weekend since our GM told us our store was cutting back hours by 20-30 per week. Full-time partspros cut to 32 hours a week, part-time salesman cut to 10-15 hrs a week. We don't even have staff to function as a store now, had 2... read more
Well, today's 3rd quarter meeting here in Raleigh was a joke. The room, which is usually over-flowing with employees, was at only 3/4 capacity. Many of the senior leaders were missing. But Captain Potato Chip, otherwise known as the $28 Million Man... read more
It sounds like a mission statement written by a committee, where each member got to keep their favorite word. It is devoid of meaning and inspiration. I get no useful mental images from this word salad. Another symptom of a lack of clear focus and... read more
What's going on with GM pay? I heard there will be a change along with the cams early next year.
What’s the consensus on the new pay program? I don’t see any possibility of making more money. I can’t take another cut after losing a company car. Time to start looking hard.
Just take a look around the stores at all the vehicles sitting around that we don't have enough drivers for. What do you reckon this is costing the company? Of course if they hadn't cut so many labor hours we might have not lost some of these... read more
Don't think for one minute they closed the stores on Thanksgiving Day for the employees benefit. It's all about money and they are hurting right now because financially they are in trouble. They saved a bunch of money by closing stores on... read more
So corporate issues a travel ban for all field personnel today for the indefinite future. So that equates to zero sales productivity for the unforeseen future. Another nail. dumb--ses.
Hearing from vendors that a large number of Kansas City stores are being closed. Anybody hear anything?
They can make those numbers look anyway they want them too. Don't fall for this smoke and mirror games they are playing with everybody. I bet this stock don't stay up there long before it starts dropping. This company is in trouble. It paid 2.1... read more
Nice...start layoffs to coincide with the holidays. Great news to have to tell your family during what should be a happy time of year. Burn in hell you low life’s.
CDL cut 20 more hours out of the schedule for the week beginning Nov 26th... Under 300 now....lowest in 10 years...Labeled on the schedule as 4th Qt adjustments
How where layoffs decided? Do you think handled fairly? A lot people were effected.
1 confirmed store closure out of 8 so far!!! But you guys steadily delete the post about the great DM WE HAVE OUT HERE!!! MAYBE THIS WILL REALLY OPEN YOUR EYES!!!
That's right folks. Millions are defaulting on their auto loans. That's what happens when you sell 60K SUV's to McDonald's employees, part time workers, and anyone who can lie really well on an application for credit. And you thought record auto... read more
High fives abound at the corporate offices as people dump their stock as quick as possible. Hilarious to watch.
The 3rd qtr press release says " Adjusted SG&A was 35.5% of net sales. The increase was primarily driven by 131 basis points of higher labor, medical and insurance claims." Can someone explain? It mentions higher claims not premiums, so is this... read more
If you have stock, you now have a short window to dump it and recover some money. Last chance.
Over the weekend, I heard our radio ad for Advance promoting battery and wiper installs, code reading, and alternator and starter testing all for free. And a commercial account would want to support us why? No wonder we are heading back to 100%... read more
Raleigh dc is stopping night delivery to some Advance stores. Drivers only go when occasional needed item not avail from VA and now they r stopping that. Taking stores off routes but havent told drivers officially yet. Vollume on trucks from raleigh... read more
Get ready for the next nail in the coffin this week. Q3 results, followed quickly by layoffs. Numbers are horrible.
Do an online search for ""AAP Executive Salaries". This will make you sick.
Hey great news! AAP Stock is back and things are starting to look good again. We will be releasing our 3rd quarter results November 13th and this will push the stock even higher. Better buy all you can now before it’s to late. Don’t believe all the... read more
Delivery vehicles going away 100% at many locations. Contract carriers will be used if available locally. Otherwise reduced to a maximum of 2 vehicles. Coming soon.