{"id":4541,"date":"2014-11-22T10:24:23","date_gmt":"2014-11-22T10:24:23","guid":{"rendered":"http:\/\/newsroom.chainstoreguide.com\/?p=4541"},"modified":"2014-11-22T10:24:23","modified_gmt":"2014-11-22T10:24:23","slug":"company-snapshot-autozone-looks-to-brazil","status":"publish","type":"post","link":"https:\/\/www.chainstoreguide.com\/offthechain\/2014\/11\/company-snapshot-autozone-looks-to-brazil\/","title":{"rendered":"Company Snapshot: AutoZone Looks to Brazil"},"content":{"rendered":"<p>AutoZone Inc.<\/p>\n<p><strong>Address<\/strong>:<br \/>\n123 S Front St<br \/>\nMemphis, TN 38103-3618<\/p>\n<p><strong>Phone<\/strong>:<br \/>\n901-495-6500<\/p>\n<p><strong>Year Founded<\/strong>:<br \/>\n1979<\/p>\n<p><strong>Total Stores<\/strong>:<br \/>\n5,391<\/p>\n<p><strong>Total Annual Sales<\/strong>:<br \/>\n$9,475,313,000<\/p>\n<p><strong>Senior Executives<\/strong>:<br \/>\nWilliam C. Rhodes lll- Chairman, President and CEO<br \/>\nWilliam T. Giles- CFO, Executive VP \u2013 Finance, Information Technology<\/p>\n<p>&nbsp;<\/p>\n<p>AutoZone has long been the industry leader in the fairly, recession-proof retail segment that is the automotive aftermarket.\u00a0 This position may be challenged later this year as Advance Auto Parts announces its first annual financials which will include its acquisition of the General Parts empire.<\/p>\n<p>As with many long-established industry leaders, AutoZone prides itself on an extremely stable and consistent management structure.\u00a0 Bill Rhodes has been President and CEO since 2005 and acceded to the chairmanship in 2007.\u00a0 During his reign the company has increased annual sales each and every year despite the recession and consistently increased total store counts annually as well.\u00a0 The smallest annual increase in store count since the beginning of the recession occurred in the fiscal year ending August 2009, with an increase of a still impressive net 145 additional locations.\u00a0 Of course this was a devastating year for most retailers in the U.S.A.<\/p>\n<p>During August 2012, AutoZone opened its 5,000<sup>th<\/sup> retail location in Wasilla, Alaska. \u00a0Later that year, AutoZone opened its first retail store in Brazil.\u00a0 At the time the company announced plans for 12-15 store openings during its first phase of the company\u2019s entry into Brazil which the company had estimated to last a few years.\u00a0 This, at a time when Brazil\u2019s progressive economy was beginning to be called into question.<\/p>\n<p>Given the company\u2019s stunning growth and profitably throughout this century, the cautious entry into Brazil, based on the small number of openings through an undefined time period, is seen to have a huge potential upside, with a possible downside where total failure would result more in frustration than financial distress.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>AutoZone Inc. Address: 123 S Front St Memphis, TN 38103-3618 Phone: 901-495-6500 Year Founded: 1979 Total Stores: 5,391 Total Annual Sales: $9,475,313,000 Senior Executives: William C. Rhodes lll- Chairman, President and CEO William T. Giles- CFO, Executive VP \u2013 Finance, Information Technology &nbsp; AutoZone has long been the industry leader in the fairly, recession-proof retail&hellip; <a class=\"more-link\" href=\"https:\/\/www.chainstoreguide.com\/offthechain\/2014\/11\/company-snapshot-autozone-looks-to-brazil\/\">Continue reading <span class=\"screen-reader-text\">Company Snapshot: AutoZone Looks to Brazil<\/span><\/a><\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"post-template-no-sidebar.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[3],"tags":[15],"class_list":["post-4541","post","type-post","status-publish","format-standard","hentry","category-discount-specialty","tag-snapshot","entry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/4541","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/comments?post=4541"}],"version-history":[{"count":0,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/4541\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/media?parent=4541"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/categories?post=4541"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/tags?post=4541"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}