Topics regarding layoffs at Advance Auto Parts Inc.

Topics regarding layoffs at Advance Auto Parts Inc.

Here is another law suit

Another shareholder class action law suit www.businesswire.com/news/home/20180215006134/en/INVESTOR-ALERT-Levi-Korsinsky-LLP-Notifies-Advance#

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| 1410 views | | 2 replies (last February 21, 2018)
Post ID: @OP+RLLzpSd

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 

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| 1820 views | | 4 replies (last February 23, 2018)
Post ID: @OP+RJPKF6h

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 

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| 1320 views | | 1 reply (February 12, 2018)
Post ID: @OP+RHvQdyF

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 

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| 1790 views | | 8 replies (last February 16, 2018)
Post ID: @OP+RFArdbJ

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 

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| 2740 views | | 14 replies (last February 15, 2018)
Post ID: @OP+RDatEy5

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

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| 1590 views | | 2 replies (last February 8, 2018)
Post ID: @OP+RAiww07

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?

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| 1260 views | | 4 replies (last February 7, 2018)
Post ID: @OP+RAiUAde

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 

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| 1540 views | | 3 replies (last January 29, 2018)
Post ID: @OP+RsuF2mU

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.

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| 1680 views | | 9 replies (last January 29, 2018)
Post ID: @OP+RrDAM5r

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 

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| 1610 views | | 3 replies (last January 28, 2018)
Post ID: @OP+Rr8NoSc

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.

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| 5970 views | | 43 replies (last February 11, 2018)
Post ID: @OP+Ro5xgoF

More Layoffs Coming?

I heard a rumor there was another layoff coming soon. Can anyone confirm or deny?

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| 1700 views | | 7 replies (last January 22, 2018)
Post ID: @OP+RlPJmnK

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 

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| 1430 views | | 6 replies (last January 3, 2018)
Post ID: @OP+R2W3yEf

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 

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| 3450 views | | 25 replies (last February 19, 2018)
Post ID: @OP+R0MbsWf

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 

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| 1740 views | | 4 replies (last January 3, 2018)
Post ID: @OP+QYK1fka

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 

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| 1530 views | | 3 replies (last January 1, 2018)
Post ID: @OP+QYN00gO

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 

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| 1260 views | | 2 replies (last December 29, 2017)
Post ID: @OP+QY5EAwP

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 

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| 1810 views | | 6 replies (last December 28, 2017)
Post ID: @OP+QWfSvqZ

Las Vegas store closure

Word on the streets is more Las Vegas stores are getting ready to close!!! Is it true?

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| 1062 views | | 1 reply (December 24, 2017)
Post ID: @OP+QOwQ6WU

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 

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| 2880 views | | 8 replies (last January 7, 2018)
Post ID: @OP+QJh8Wr9

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?

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| 1590 views | | 7 replies (last December 16, 2017)
Post ID: @OP+QIbUabx

Interstate Batteries

Going to be interesting to see the reaction of commercial customers when all Advance locations stock Interstate Batteries in the spring.

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| 2240 views | | 9 replies (last December 27, 2017)
Post ID: @OP+QIcZhVz

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