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Automotive ChannelSweep Quarterly
▲ Genuine Parts has announced plans to acquire NAPA parts distributor
Quaker City Motor Parts Company. Quaker City currently serves 271
NAPA stores in eastern Pennsylvania, south New Jersey, Maryland,
Delaware, Washington, D.C., northern Virginia, and north east West Virginia…more
▲ Genuine Parts Company has purchased a 30% stake in the Exego Group announced . Exego, headquartered in Melbourne, Australia, is a leading aftermarket distributor of automotive replacement parts and accessories in Australasia, with annual revenues of approximately $1 billion (US$) and a company-owned store footprint of more than 430 locations across Australia and New Zealand…more
▲ Advance Auto Parts has announced plans to create 75 new jobs at its Roanoke headquarters location.
The new positions will be in its Financial Services Commercial Customer Care Center to support financial
services related to commercial customers (data set-up, billing, AR/collections, etc.)…more
▲ TRICO has partnered with Advance Auto to provide its new mobile-friendly bar code scan technology designed to guide consumers to their correct wiper blades and information videos. Mobile apps and consumer readers are growing in popularity and becoming a growing initiative across all retailers….more
Homecenters ChannelSweep Quarterly
Categories: Building Materials, Electrical, Kitchen/Bath, Indoor Garden, Outdoor Garden and Tools performed above company average. Hardware performed average. Paint, Plumbing and Flooring performed below the company average, but still showed positive comp growth. Comp store sales in Lighting were flat while Lumber and Millwork were negative...more
▲ Home Depot is completing digitalizing vendor catalogs to improve special order sales, process, and accuracy. A new special order sales dashboard will provide vendors greater visibility into special order pricing and sales...more
▲ Private label continues to be a key growth driver with PL now representing 23% of sales. Tractor Supply’s price optimization tool is an integral part of managing private label placement and margin management moving into 2012. Private label, price optimization, strategic sourcing, and merchandising & allocation are all key initiatives in the coming years. In the future, Tractor Supply will enhance its market-specific approach to pricing and product mix dependent upon market-specific...more
▲ Lowe’s is running several new display tests designed to visually demonstrate and bundle project essential items in one set displays. The new sets look to provide a total solution for customers shopping for a specific occasion/project. Additionally, Lowe’s is performing a major re-set of its flooring category to provide a wider price-point array and expanded color...more