Genuine Parts Company operates an extensive network of businesses, and Shops is one of the subsidiary companies within the GPC group. Each subsidiary operates somewhat autonomously while benefiting from the resources, support, and expertise of the larger Genuine Parts Company.
GPC itself is publicly traded on the New York Stock Exchange under the ticker symbol "GPC." It operates various distribution channels and service businesses across the United States, Canada, Europe, and Australia, serving professional installers, car dealerships, and consumers in the automotive aftermarket industry.
Therefore, while Shops operates under the umbrella of Genuine Parts Company, it does not have direct ownership from a financial group but is part of a larger distribution network and corporation focused on the automotive aftermarket sector.
