Another shareholder class action law suit www.businesswire.com/news/home/20180215006134/en/INVESTOR-ALERT-Levi-Korsinsky-LLP-Notifies-Advance#
Hostile work environment
I was with AAP for 8 years. Was a store manager for 6 of those years. I was a higher paid GM. After the purge happened my DM was promoted and a new one took over. The new one made my life hell. Numbers we're good, team morale was good, but he didn't... — read more
So much for the Amazon scapegoat
Everyone believing the media hype that Amazon is causing retail's demise when Amazon only accounts for around 4% of total retail, and now they're even laying people off... — read more
Yahoo finance , say of security frauds
https://finance.yahoo.com/quote/AAP?p=AAP
Security Frauds violation
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Advance Auto Parts, Inc. - AAP PR Newswire PR NewswireFebruary 9, 2018 NEW YORK, Feb. 9, 2018 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of... — read more
2 Billion dollars down the drain
Advance purchased CARQUEST for 2 Billion dollars and they might as well throwed the money in a fire pit. They continue to run off the commercial business with lack of service and pricing. We are the laughing stock of the aftermarket business. We must... — read more
Why AAP will fail
This link is a long read but well worth the read. https://hbr.org/1990/11/why-change-programs-dont-produce-change
Cutting Fulltime Employees Hours
Over the past 6 months I've had my hours cut every week. As a fulltime employee I've went from 45 hours on the average to 24 hours this week. I understand cutting out the overtime but working a fulltime employee less than 35 hours is insane. Last... — read more
Post missing
There was a post here few days ago, and I don't see it anymore? What's up with that?
Advance Is Not Willing To Pay Fair Wages To Retain Qualified Employees
The biggest Issue in this company is the pay structure, you are lured in with false promises of promotion and better pay, and it never happens. If you like being worked to death and lied to, this company is for you. Also expect to be working with... — read more
Bonus
It’s crazy bonus from the top up nothing below a director in aap gets anything I been with this company 20 years in store set up instead of jobs being Committed it’s outsource taking over this company s---s completely mr wheeler in west va thinks he... — read more
Got BOBO?
The people that came up with and approved this program should quietly resign to preserve some dignity. The entire company at all levels are laughing at this joke of an initiative. BOBO this you dummies!...you need to find another line of work.
Consistent Turnover
The only thing consistent at Advance is turnover. If you look on starting line every month they graduate 100+ new managers in Roanoke from management training. They sure aren't opening no new stores, so what does that tell you? When you treat people... — read more
Chips and volley ball, a winning combination. C.E.O and OPS V.P
What do you think of C.E.O and V.P ops?
slow parts delivery, just call! or do not!
I have garage to run the slow service is terrible.
Elimination of CAM/CSM Position
Looks like the predictions are coming true. Commercial sales field positions being eliminated in favor of retail and online sales focus. Store GM & CPP to handle all commercial contact going forward. Internal announcement forthcoming.
It's the comps, stupid! SeekingAlpha nails AAP's problem.
https://seekingalpha-com.cdn.ampproject.org/c/s/seekingalpha.com/amp/article/4138847-advance-auto-parts-biggest-problem
More Layoffs Coming?
I heard a rumor there was another layoff coming soon. Can anyone confirm or deny?
Walmart raises starting min wage to $11/ hr. and giving out $1000 bonuses?
How can Advance Auto be competitive? What will the company do with the tax savings they enjoy?
Restoration car market bubble popped
AAP and the entire car part market benefited from the biggest bubble in resto car prices ever. Loads of garages opening up specifically to make and sell resto cars drove parts market. Prices have been falling for around a year or so from crazy... — read more
Culture of Failure
There are many things that make a company great. Likewise, there are others which dictate imminent failure. Some examples that will lead to the death of Advance Auto Parts are; *Failure to sincerely recognize people. You are just a number at AAP. *No... — read more
Retention Payouts
As someone who is exposed to the store group payroll analysis, I noticed a large amount of payroll fluctuations in upcoming payroll. When I inquired thinking it was an error, I discovered these were payouts to retain our better store group performers... — read more
Wage Reduction Initiative
A new initiative to reduce payroll will begin In P1 at the store personnel and management level. 1. Reduce bonus potential for CAMs and GMs. 2. Convert as many FT team members to PT as possible. 3. Increase DM store count to reduce number of active... — read more
Worth a read
We the peons unite and except only those at top of the food chain at advance receive any kind of compensation, recognition. The rest of us get our hours cut, assigned extra tasks, and told to work harder and to prepare for more cuts to hours in 2018... — read more
What are the chances AAP will survive another year?
Will AAP still be in business at the end of December 2018? What chance do you give them?
Why punish your best producers?
The new pay plan punishes the top producers. My bonus will be half of what it was last year. The non-producers who never saw a bonus will benefit from the new compensation plan. You only have to hit 75% of GM target to make some money. Top producers... — read more
Christmas at Advance does not exist. I is all about the top. Run while you can, find something fast.
Las Vegas store closure
Word on the streets is more Las Vegas stores are getting ready to close!!! Is it true?
PAY RAISES
When's the last time anybody saw a pay raise? All I've seen is the board of directors passing out stock to each other all year like they're Santa Claus. At the same time everybody's hours have been cut in the stores lowering our paychecks. This... — read more
interstate batteries will save us!!
How many of you think that we are to far gone and will be prime for the buyout that's coming, or that interstate batteries will save us from certain doom?
Interstate Batteries
Going to be interesting to see the reaction of commercial customers when all Advance locations stock Interstate Batteries in the spring.