In 1971, Advance Auto Parts began as a small chain of auto parts stores in Virginia. Since then, the company has grown to become one of the largest retailers of auto parts and accessories in the United States. Advance Auto Parts operates over 5,000 stores across the country and employs over 74,000 people.
Carquest is another large retailer of auto parts and accessories, with over 3,000 stores across the United States. Carquest is a subsidiary of Advance Auto Parts.
Advance Auto Parts acquired Carquest in 2013 for $2.04 billion. The acquisition helped Advance Auto Parts to expand its reach and become the largest retailer of auto parts in the country. Today, Advance Auto Parts owns and operates both Advance Auto Parts stores and Carquest stores.