SWOT Analysis Of Autozone

AutoZone, a retail automotive parts store was founded by J.R. Hyde III. AutoZone made its debut on the New York Stock exchange in 1991. AutoZone is a Fortune 500 company that currently has stores in the United States, Puerto Rico and Mexico. The company’s headquarters are in Memphis, Tennessee. AutoZone is the leading distributor of automotive replacement parts and accessories in the United States. AutoZone is in the automotive aftermarket industry, which is a secondary market to the automobile manufacturing industry. This industry helps consumers keep vehicles on the road by supplying parts and services for automobiles. The market encompasses the necessary equipment, parts, and tools to make repairs. Other components of the industry include manufacturers and distributors of car parts and accessories, part stores, service and repair shops, and importers.
It was acquired by offering superior customer service, products, and quality information over its competitors. AutoZone’s weakness has been its legal proceedings. AutoZone’s main threat is the intense amount of competition. AutoZone has to compete with other aftermarket automotive parts retailers, such as Advanced Auto Parts, and O’Reily Auto Parts. The competition continues with the car dealership parts department and automotive repair shops that offer parts. This is a threat to AutoZone because if any of its competitors happen to innovate a way to offer the same products and procedures at a better price it could have harmful effects on the annual revenue and plans for