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About Autozone Inc :
(NYSE: AZO) is
a retailer and distributor of
automotive spare parts and accessories.
based in Memphis, Tennessee. It was ranked the 4th
worst place to work in America, according to a glassdoor.com survey in 2009.
Originally a division of Memphis-based wholesale
grocer Malone & Hyde, the company went under the name Auto Shack.
After the sale of the grocery operation to the Fleming Companiesof Oklahoma City, the
name of the company was changed to AutoZone to reflect the new focus. AutoZone holds
rightsto the downtown
Memphis baseball stadiumthat is the home of the Memphis Redbirdsof
the Pacific Coast
League. The company also sponsors
the AutoZone Liberty
1979 Forrest City, Arkansas, was site for the first AutoZone
store under the name of Auto Shack. Doc Crain was the store's first manager. The total day
sales was $300.00
In 1981, Express Parts or VDP is
implemented to get the customers hard to find parts by special ordering them through wholesalers. Total stores was
73 in 7 states.
In 1984, the company became the
first auto parts retailer to create a quality control program for its parts. Total stores was 194 in 13
In 1985, Doc Crain coined the term
WITTDTJR, which stands for "What it takes to do the job right." Total store count is 263 in 14
By 1986, expansion had made the company grow into a large store
chain across the South and the Midwest. That year, Darren Reltherford, manager of Auto
Shack's Memphis branch, received the first Extra
Miler award, which has since been given to AutoZoners who show their
dedication to customer satisfaction by "going the extra mile" for customer service. The Duralast line of
alternators and starters is released. The Loan-A-Tool program begins allowing customers the ability to borrow
specific tools for jobs. The 4th Distribution Center in Greenville, SC opens. Total of stores is 339 in 15
In 1988, Auto Shack officially
changed its name to AutoZone. This would mark the beginning of an era of large expansion for the company, as it
would soon open stores in other areas across the United States. That year also, the company introduced WITT-JR, an
electronic catalog used to look up parts and keep warranty information. Total of stores is now 459 in 16
In 1989, the company began using a
computerized store management system (SMS). The Duralast battery line is released consisting of Sub-Zero, Desert
and long life. Total of stores is 513 in 17 states.
In 1991, its stock began trading on
the New York Stock
opened up at $27.50 a share. It was then valued at $1 billion. The 5th DC opens in Lafayette, LA. The company also
became the first auto parts retailer to register customer warranties in a computer
In 1994, AutoZone began using satellitesto facilitate communication between stores and the corporate office.
Sales hit $1.5 billion.
In 1995, their 1,000th store was opened on Bardstown Road
the Duralast trademark made its
debut with the Duralast and Duralast Gold batteries. Total of stores is now 1,143 in 26 states.
1996 was the year when the Internetera arrived at
the company, when AutoZone opened its company Web site. The new commercial program was debuted
Tennessee. ALLDATA, a software company that provides automotive diagnostic and repair
information was acquired.
In 1998, AutoZone acquired 112 Auto Palace stores in six states
in the northeastern United States, 43 TruckPro L.P. stores in 14 states, and 560 Chief Auto PartsInc.
stores in 5 states. At the commencement of fiscal 1999, AutoZone made another acquisition by purchasing 100 Express
stores from The Pep Boys--Manny, Moe & Jack. The company began a process of internationalization with their
first store abroad, which opened in Nuevo Laredo, Mexico. AutoZone closed the 1990s by debuting at the Fortune 500list in 1999.
Steve Odlandbecame AutoZone's third CEO in 2001.
AutoZone's Vision and Values are released. Vision: "Relentlessly creating the most exciting Zone for vehicle
solutions!" AutoZone's value statements: Integrity, Respect, Teamwork, Communication, Innovation, Initiative,
Accountability, Thriftiness, Leadership, Excellence.
In 2002, AutoZoners developed a
network of "hub, feeder, and satellite" stores to have more product in the market area, while reducing inventory
investment. Sales hit $5.32 billion.
In 2003, the Duralast
tool line was introduced. This was a year of important negotiations for
AutoZone, as the company partnered with other important auto parts industry companies, such
as CarMaxand Midas. AutoZone de Mexico opens the first DC in Nuevo Laredo, Mexico.
Total stores number 3,219 in 48 states and 49 in Mexico.
In 2004, AutoZone celebrated its 25th anniversary and announced
a corporate sponsorship agreement with auto racingassociation NASCAR. In addition, founder Pitt Hyde was inducted
into the Automotive Hall of Fame. Pitt Hyde set a precedent as the first aftermarket retailer in the Automotive
Hall of Fame.
In 2005, William C. Rhodes IIIwas named President and CEO. Steve Odland left to become the Chairman and
CEO of Office
In 2007 Bill Rhodes, 42, was named
Chairman, President and Chief Executive Officer of AutoZone, Inc. on June 6.
In 2007, AutoZone will sponsor Kevin Harvick Timothy
the NASCAR Busch Series
In 2007, AutoZone opened their 4,000th store
in Houston, Texas. Sales hit $6.2 billion. 
AutoZone Properties For Sale
Across the United States :