In recent years, there has been much speculation about the relationship between Walmart and Advance Auto Parts. Some have even gone so far as to say that Walmart owns Advance Auto Parts. However, there is no evidence to support this claim.
Walmart is the world’s largest retailer, while Advance Auto Parts is the largest retailer of automotive parts and accessories in the United States. Both companies are publicly traded on the stock market, and both have a presence in countries around the world. However, there is no evidence that Walmart owns Advance Auto Parts, or that any such ownership arrangement exists.
Advance Auto Parts was founded in 1932 and has its headquarters in Roanoke, Virginia. Walmart was founded in 1962 and is headquartered in Bentonville, Arkansas. The two companies are not known to have any formal ties or partnerships.
There are some similarities between the two companies. Both Walmart and Advance Auto Parts sell a variety of automotive products and both have a large network of stores. However, there is no evidence to suggest that Walmart owns Advance Auto Parts or that any such ownership arrangement exists between the two companies.