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ABC Discount Auto Parts/Autozone in East PA/South NJ
I just learned that AutoZone bought out ABC Discount Auto Parts in Eastern
PA and Southern NJ last year. I have some parts with a lifetime warranty through ABC Discount Auto Parts (brake calipers, muffler). So my question is what will happen to these warranties now? Here is the article: http://www.findarticles.com/p/articl...14/ai_n6070459 AutoZone buys 12-store chain in Northeast Aftermarket Business, May, 2004 by Michael Willins The nation's largest auto parts chain, AutoZone, got a bit larger last month by acquiring a dozen stores in the Northeast. But the true value of the sale will come in the market share gains in areas where the purchased company, ABC Discount Auto Stores, operates. AutoZone of Memphis, Tenn., expects the purchase to help them gain ground in markets where they currently have limited store penetration. "This is a great opportunity for us to grow in the Philadelphia and New Jersey markets with the addition of these stores," says AutoZone's Chief Financial Officer Michael Archbold. Terms of the deal were not disclosed. As of Feb. 14, AutoZone had 3,299 stores in 48 states plus the District of Columbia and 55 AutoZone stores in Mexico. AutoZone's Director of Government Relations Ray Pohlman says there are 37 AutoZone stores in the greater Philadelphia area, excluding any former ABC locations. Conversions will take place over the next several months, and should be completed by the end of this summer, says Pohlman. He did not know the average size of the ABC outlets, but said the units were comparable to AutoZone's 6,300-sq.-ft. model. Owned by Lou and Carla Fishman, ABC Discount was a member of the RPM Group. "I am pleased to transition my family's business to AutoZone, as well as provide an employment opportunity to my staff," Lou Fishman states in a prepared release. "Started in 1957, ABC has grown to be a leader in the community, and we are excited to further that leadership with AutoZone." At press time we attempted to contact Fishman for additional comment, but we were unsuccessful in reaching him. As for RPM, Executive Director Mike Mitchell told us, "On a personal level Lou and Carla Fishman were active members in the RPM family and we always appreciated Lou's business insights. "We firmly believe the independent chains serve local markets in ways difficult for the national chains to match. We will continue to work for our members and the hundreds of independent chains throughout the country." RPM has 20 members, servicing 17 states. (For more details on the group, see page 32 of our Program Distribution Report Directory.) |
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