Advanced Auto To Shutter 100-Worker Bloomington Office
Advance Auto Parts is closing its Twin Cities office in September 2015 as part of a larger reorganization that also involves shuttering 100 stores.
The move stems from Roanoke, Virginia-based Advance Auto Parts’ recent acquisition of General Parts International, Inc. In a regulatory filing, the company said it plans to “take advantage of synergies following the acquisition.”
Advance Auto Parts’ Bloomington office employs about 100 people. It was opened after Advance Auto Parts hired Darren Jackson, formerly of Richfield-based Best Buy, as its CEO in 2008. As part of the restructuring, Jackson will relocate to Raleigh, North Carolina, where General Parts International had offices prior to the acquisition.
In its regulatory filing, Advance Auto Parts said that it “plans to relocate some employees and terminate the employment of others” as a result of the corporate office and store closures. Spokeswoman Shelly Whitaker told Twin Cities Business that the functions at the Bloomington office are relocating to either Roanoke or Raleigh, and the company informed affected employees on Wednesday. Most will have the opportunity to relocate; those that don’t move will receive severance packages, Whitaker said.
Advance Auto Parts bills itself as the largest automotive aftermarket parts provider in North America. In addition to its namesake brand, the company operates locations under the Worldpac and Carquest banners, which it gained through the General Parts International deal. The company has about 74,000 employees.
There are currently 19 Advanced Auto Parts stores, 32 Carquest locations, and one Worldpac branch in Minnesota, although the company has not disclosed whether any local stores will be shuttered as part of the 100 closures.
In addition to closing its Minnesota office, Advance Auto Parts will also close a California office location. When all the transitions are complete, the company said it will employ about 1,600 in Roanoke and 600 in Raleigh.
“We continue to make progress in our integration of General Parts International,” Jackson said in a statement. “Today’s announcement is the next step in those efforts as we work to enable an efficient and effective corporate team that best utilizes the strengths of both organizations and positions our company for continued profitable growth.”
“These changes will provide increased support to our field, commercial and store teams; strengthen collaboration among corporate team members; facilitate more efficient decision making and enhance our ability to serve customers,” Jackson added.