How long do you think AAP has before the inevitable bankruptcy/liquidation? Is there anybody who thinks that's not exactly where we are headed - and fast?
I'm not a pessimist and I'm not an alarmist, but some things are really so obvious that there is no denying them.
Just saying...
My entire district is in bear bones mode every single store is losing people and unwilling to staff the store with anything more the the minimum required.
My store for example is running about 90 hours short. Out of a 250 hr standard week. This causes only one employee in the store through out most of the day and lines build up, calls get droped, freight doesn't get put up, all our free customer service officially canceled. District is not making money about 25% shy of goals.
Deleted a lot of my rant.
It seems there employees dont get 40 hours even they are full time
it's a shame to see a company that has the resources to be the best, miss-managed to where customers don't consider you a first call auto parts store! Listen to your customers and by the way...listen to your employees!
Bankruptcy? No time soon my friend lol AAP publicly announces every quarter exactly how much liquid (cash) they have on hand.. Not very likely to go bankrupt lol not by a long shot. Nor is it likely that AAP will be bought.. the only folks with the cash flow that could purchase AAP would be Amazon, and they're not interested in 6000 brick and mortar locations.
Will most likely be bought out by Pep Girls or Auto Zoner!
There is an old saying “your either on the bus or you need to get off”. This is a journey to the elite.
They think they can rectify this mess by micromanaging every minute of every day. See MyDay and MyWork, where they have everybody working to a computer generated schedule based on algorithms and history. That's nice in a production type of business, but here we deal with fluctuations in demand and circumstances every day. Not going to be pretty. It's kind of like driving on a dark country road by way of looking only in the rear view mirror. Sooner or later, you hit a tree
catching any fish? your using the right bait just not getting alot of nibbles
True
Can't be much longer, every day we are cutting something ...either team member hours or expenses and then raising prices....then telling customers we can't match a competitors price even when we can verify it. We tell our customers the extra price they pay is for service, but since we are cutting hours the service is getting slower and slower.