Advanced Auto Parts Hiring Professionals for Expansion Efforts
Advance Auto Parts recently opened a 45,000 square foot “super hub” flagship location in Los Angeles as part of its Western U.S. expansion. The company plans to hire approximately 1,850 employees to fill the needs of the expansion, including professional industry technicians.
Professional repair partners are able to cultivate their technical knowledge through Advance Auto Parts’ virtual and in-person training. These resources are available nationwide and have been developed and taught by instructors who are factory trained.
McDonald’s Announces Leadership Change, Names New CFO
McDonald’s has promoted CFO Kevin Ozan to senior executive vice president, strategic initiatives, where he will lead the strategy team and partner with CEO Chris Kempczinski. Ian Borden will become EVP and CFO, effective September 1.
These executive changes, while separate, take place against a larger backdrop of the company’s shifting franchising strategy, which include new guidelines and a performance-based grading system, expected to take effect next year.
Amazon Strives to Attract New Subscribers with Additional Prime Day
To attract new subscribers, Amazon plans to hold a second shopping event for Prime members, this one in the fourth quarter. It is the first time the company will hold two such events in the same year.
The fall event could help drum up additional sales for Amazon, which announced in April that it had booked the slowest quarterly revenue growth since the dot-com bust in 2001. It could also help retailers clear out some of the extra inventory they’ve accumulated as inflation squeezes shoppers, and they shift their spending to areas like travel and entertainment.