Advance Auto Parts, a leading automotive aftermarket parts provider, announced plans to lease the retail space of 109 Pep Boys stores in California.
The locations will be converted to Advance Auto Parts stores over the next 9-12 months. The agreement does not include Pep Boys Service Centers.
“The agreement announced today only reinforces Pep Boys Service position as a leading repair and maintenance provider for consumers and fast-growing fleets on the West Coast. The agreement this year will provide us with an opportunity to refresh our Service Center locations and reinvest in the market to meet emerging customer needs, particularly as demand for electric vehicle service grows in the region,” said Brian Kaner, CEO, Pep Boys and Icahn Automotive Service Division.
“In addition, there’s a significant convenience advantage to having Pep Boys Service Centers located in proximity to a leading parts provider such as Advance — just another way Pep Boys is continuing to deliver on our promise to our customers: We go further to help you go farther.”
The announcement coincided with leadership changes at Advance, including Executive Vice President Mike Broderick stepping down, as current Advance President of U.S. Stores Michael C. Creedon was tapped to step into the role.
