Autozone

Region: 
Private: 
Public: 
Ticker: 
AZO
Market cap: 
$8,354 million
Country of incorporation: 
United States of America
Industry: 
Consumer Discretionary
Description: 

AutoZone, Inc. is a specialty retailer and a distributor of automotive replacement parts and accessories. As of August 30, 2008, the Company operated 4,092 stores in the United States and Puerto Rico, and 148 in Mexico. Each of its stores carries a product line for cars, sport utility vehicles, vans and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories and non-automotive products. The Company also sells the ALLDATA brand automotive diagnostic and repair software. On the Web, AutoZone, Inc. sells diagnostic and repair information and automotive hard parts, maintenance items, accessories and non-automotive products through www.autozone.com. The Company does not derive revenue from automotive repair or installation services1.

  1. 1. http://www.google.com/finance?q=AUTOZONE
Positive Impact – Doing: 

1. Sells new and remanufactured automotive replacement parts
2. Fluid Recycling - Every Autozone store accepts used batteries for recycling and 95% of their stores accept used motor oil and other used automotive fluids. In 2008, Autozone recycled more than 6.5 million batteries and 20 million quarts of oil, more than any other retailer in America1.

  1. 1. http://greenopolis.com/marketplace/services/autozone-fluid-recycling
Positive Impact – Talking: 
Controversy: 

1. Environmental and Consumer Protection Lawsuit, June 2, 2007. "A civil environmental and consumer protection enforcement action was filed against AutoZone Inc., based in Memphis, TN, by the California Attorney General and district attorneys in Monterey, San Bernardino, San Diego and San Joaquin counties. The suit alleged that the company was guilty of violating state laws that required safe storage and disposal of hazardous waste, including motor oil. AutoZone violated the law by leaving the oil in parking lots and trash bins. Company employees routinely ignored the oil and failed to dispose of it properly when found in trash bins or parking lots. AutoZone also had pricing errors on its products, resulting in consumers paying more for an item than it was advertised for. In a settlement reached, AutoZone Inc. agreed to pay $1.5 million to settle charges in the two-year long, civil environmental and consumer protection enforcement suit"1.
2. 2006,AutoZone was brought to court in Arizona by Arizona's Attorney General who has filed consumer fraud lawsuits against AutoZone for their continued failure to correct pricing violations at their stores across Arizona. Autozone was one of two companies that were consistently cited by the Arizona Department of Weights and Measures (DWM) for discrepancies between posted prices and checkout prices and for failing to post shelf prices on many products.2
3. 2005 Autozone sued by state of CA for violation hazardous waste disposal and storage laws.3.
4. AutoZone as a company has also been the defender in a number of cases of employee right infringement and harassment as well as the butt of consumer complaints. One case in point was the judgement that made AutoZone responsible for the awarding of $75million to an ex-worker who sued after he was wrongly accused of theft.4

  1. 1. http://www.knowmore.org/wiki/index.php?title=AutoZone
  2. 2. http://www.consumeraffairs.com/news04/2006/07/az_autozone.html
  3. 3. http://www.consumeraffairs.com/news04/2005/ca_autozone.html
  4. 4. http://ethisphere.com/autozone-worker-awarded-75-million-after-being-wrongly-accused-of-theft/
Notes: 

1. A large retailer (7.35B, 32k employees); where is the commitment to responsibility regarding supply chain, energy use, emplyment etc
2. HQ in Memphis, TN

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