Is Advance Auto Parts owned by Walmart?

Advance Auto Parts is one of the largest retailers of automotive parts and accessories in the United States. The company operates over 5,200 stores in 40 states and Puerto Rico. Advance Auto Parts is a publicly traded company on the New York Stock Exchange (NYSE: AAP) and is a component of the S&P 500 index.

The company was founded in 1932 by Richard E. Gill, J. Wesley Gorman, and Louis J. Satterfield as Advance Stores, Inc. It was later renamed to Advance Auto Parts in 1957. In 2012, Advance Auto Parts acquired General Parts International, Inc., a leading distributor and supplier of original equipment and aftermarket automotive parts and accessories, for $2 billion.

Is Advance Auto Parts owned by Walmart?

No, Advance Auto Parts is not owned by Walmart.

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