• Changes Designed to Optimize Corporate Organization as Part of Continued Integration of General Parts International
  • Organizes Its Corporate Operations Around Two Store Support Centers in Roanoke and Raleigh Locations to Enhance Ability to Serve Customers and Support Continued Profitable Growth

ROANOKE, Va. - June 18, 2014 - Advance Auto Parts, Inc. (NYSE: AAP), the largest automotive aftermarket parts provider in North America, serving both the do-it-yourself and professional installer markets, announced today corporate organizational design changes as part of its ongoing integration of General Parts International. As part of the changes, the Company will organize its corporate operations around two Store Support Centers in the Southeastern United States, utilizing its Roanoke and Raleigh offices, and reorganize several corporate functions between those locations. The Company also announced plans to close its Minnesota office in September 2015, and consolidate its California Bay Area e-business teams to its Newark, California location, which also serves as the headquarters for Worldpac, in the summer of 2014.

"We continue to make progress in our integration of General Parts International.  Today's announcement is the next step in those efforts as we work to enable an efficient and effective corporate team that best utilizes the strengths of both organizations and positions our company for continued profitable growth," said Darren R. Jackson, Chief Executive Officer. "These changes will provide increased support to our field, commercial and store teams; strengthen collaboration among corporate team members; facilitate more efficient decision making and enhance our ability to serve customers."

The Roanoke Store Support Center will be the hub for the majority of enterprise-wide corporate functions that support the day-to-day operations of the Company. The Raleigh Store Support Center will become the hub for functions that most directly impact customers. Under the new organizational structure, Chief Executive Officer Darren Jackson, President, George Sherman, and Executive Vice President, Chief Financial Officer Mike Norona, will be based in the Raleigh office.

The transition of corporate functions will happen gradually over the next 12 to 18 months. Following the transition, there will be approximately 1,600 Team Members employed in the Roanoke Valley of which approximately 1,000 will be employed at the Store Support Center.  The Raleigh office will employ approximately 600 Team Members.

About Advance Auto Parts
Headquartered in Roanoke, Va., Advance Auto Parts, Inc., the largest automotive aftermarket parts provider in North America, serves both the do-it-yourself and professional installer markets. As of April 19, 2014 Advance operated 5,276 company-operated stores, 105 Worldpac branches, and served approximately 1,400 independently owned Carquest branded stores in 49 states, Puerto Rico, the Virgin Islands and Canada. Advance employs approximately 74,000 Team Members. Additional information about the Company, employment opportunities, customer services, and on-line shopping for parts, accessories and other offerings can be found on the Company's website at www.AdvanceAutoParts.com

Forward Looking Statements
Certain statements contained in this release are forward-looking statements, as that term is used in the Private Securities Litigation Reform Act of 1995. Forward-looking statements address future events or developments, and typically use words such as believe, anticipate, expect, intend, plan, forecast, outlook or estimate. These forward looking statements include, but are not limited to, statements regarding the benefits and other effects of the acquisition of General Parts; the combined company's plans, objectives and expectations; expected growth and future performance of AAP, including synergies and expenses to achieve synergies; and other statements that are not historical facts. These forward-looking statements are subject to significant risks, uncertainties and assumptions, and actual future events or results may differ materially from such forward-looking statements. Such differences may result from, among other things, the risk that the benefits of the General Parts acquisition, including synergies, may not be fully realized or may take longer to realize than expected; the possibility that the General Parts acquisition may not advance AAP's business strategy; the risk that AAP may experience difficulty integrating General Part's employees, business systems and technology; the potential diversion of AAP's management's attention from AAP's other businesses resulting from the General Parts acquisition; the impact of the General Parts acquisition on third-party relationships, including customers, wholesalers, independently owned and jobber stores and suppliers; changes in regulatory, social and political conditions, as well as general economic conditions; competitive pressures; demand for AAP's and General Part's products; the market for auto parts; the economy in general; and other factors disclosed in AAP's 10-K for the fiscal year ended December 28, 2013 and other filings made by AAP with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements. AAP intends these forward-looking statements to speak only as of the time of this communication and does not undertake to update or revise them as more information becomes available.


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