The reseller rise and fall - - Aftermarket Business - Wholesaler, retailer automotive parts

The reseller rise and fall

Publish date: Dec 11, 2008
Source: Aftermarket Business

The major flaws of 2008 — a faltering economy, lowered consumer spending and recession woes — have caused some automotive retail chains to sputter and stall, while others have accelerated and gained momentum.

Top 40 Auto Chain Report
Highest reported company growth		Highest reported company declines
O’Reilly Auto	78.5%	WM Automotive	-10.53%
Uni-Select	21.1%	KOI Auto Parts	-9.3%**
General Parts International	19.5%	ALPHA/ABACO	-8.33%
XL Parts	12.5%	ABC Auto Parts	-7.4%
Baxter Auto Parts	12.5%	Replacement Parts	-5%

Consolidation is behind the largest growth spurts — made by O’Reilly and Uni-Select — seen in the Aftermarket Business Top 40 Auto Chain Report. In the spring of 2008, O’Reilly purchased CSK Auto and absorbed the 1,327 stores reported in last year’s report, leading the company’s almost 79 percent growth through 2008. Likewise, Uni-Select consolidated with The Parts Depot among other automotive chains, bringing them a more than 21 percent reported growth.

But not all companies were so fortunate. WM Automotive in Fort Worth, Texas, saw a more than 10 percent decline in store numbers, while KOI Auto Parts lost 9.3 percent of its store share, according to the company Web site.

**as reported by KOI Auto Parts Web site

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