Item 2. . PROPERTIES.

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Item 2. . PROPERTIES.

The following table summarizes distribution centers, retail stores and branches as of December 31, 2019:

Distribution CentersStores/Branches
Automotive Parts:
North America811,424
Europe62692
Australasia12553
Total Automotive Parts1552,669
Industrial Parts:
North America15551
Australasia8184
Total Industrial Parts23735
Business Products440
Total2223,404

In addition to the properties set forth above the Company has various headquarters, shared service centers and other facilities. The Company's corporate and U.S. Automotive Parts Group headquarters are located in two office buildings owned by the Company in Atlanta, Georgia. The Company generally owns distribution centers and leases retail stores and branches. We believe that our facilities on the whole are in good condition, are adequately insured, are fully utilized and are suitable and adequate to conduct the business of our current operations.

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