AutoZone Inc (AZO) 1132004 Index Membership NYSE Company精品分析.docVIP

AutoZone Inc (AZO) 1132004 Index Membership NYSE Company AutoZone Inc. (AZO) 11/3/2004 Index Membership: NYSE Company Profile: AutoZone, established in 1978 under the name Auto Shack, is the leading retailer of automotive parts and accessories. It caters to do-it-yourself customers offering excellent product selection and customer service, with guaranteed quality control on all the parts. They carry both new and manufactured automotive hard parts, maintenance items, and accessories. Each store carries parts for cars, sports utility vehicles, vans, and trucks. In addition, they have commercial customers, offering delivery to regional and national repair garages, dealers and service stations. This represents the do-it-for-me side of the business. AutoZone currently has 3,400 stores throughout the United States and Mexico. It acquired 800 stores from other auto part retailers in 1998. Industry Analysis: Porter’s Five Forces Overall industry rating: Unfavorable (high) Moderate Favorable (low) Threat of new entrants. X Bargaining power of buyers. X Threat of substitutes. X Bargaining power of suppliers. X Intensity of rivalry among competitors. X Threat of new entrants: Anyone can open an auto parts supply store, but to establish oneself in the market and attain the level of a firm such as AutoZone, one must have high capital across all phases of service (distribution, sales, etc.) and low labor costs. Bargaining power of buyers: Demand is quite elastic because people will go to the stores with the cheaper auto parts. AutoZone is dedicated to providing customers with the lowest prices possible. Threat of substitutes: AutoZone is the only automotive retailer capable of handling the largest automotive accounts stretching across multiple states, as well as offering a diagnostic system called ALLDATA. This system allows for the information to repair virtually any make and model on the road. Bargaining power of