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Advance Auto Parts adds board expertise
A Tesla board member and Walgreens supply chain executive are the newest members of the board of directors at Advance Auto Parts.
One of the nation’s leading automotive retailers, Advance Auto Parts named Brad W. Buss and Reuben E. Slone to its board. Both men bring interesting perspectives to the operator of nearly 5,200 stores.
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Profits improve as Office Depot awaits FTC action
Office Depot continues to hope its merger with Staples secures approval from U.S. regulators, but in the meantime the performance of its retail operations is looking much better should it remain an independent company.
Office Depot’s North American retail footprint did shrink to 1,564 locations at the end of the year after the company closed a total of 181 stores, including 56 in the fourth quarter. Thinning the herd a bit helped the overall profitability of Office Depot’s largest division during the period ended Dec. 26 even though sales declined.

