Auto Shack Business Analysis

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According to Parnell, “Joseph “Pitt” Hyde opened the first Auto Shack Parts store in 1979 in Forrest City, Arkansas” (2014).”A few years later Auto Shack had grown “to almost 200 stores” due to their “early success” (Parnell, 2014). In 1984, Auto Shack launched their private label Duralast, and changed their name to AutoZone (Parnell, 2014). After going public in 1991, AutoZone had 600 retail stores and a total of $1 billion in sales the following year (Parnell, 2014). In 1998, AutoZone purchased 560 Chief Auto Parts stores in California and converted them into AutoZone's (Parnell, 2014). They also bought “Adap’s 112 Auto Palace Stores in the Northeast” (Parnell, 2014).

Today, “AutoZone is the leading retailer and a leading distributor of