AUTOZONE INC
4, 1998-11-09
AUTO & HOME SUPPLY STORES
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16.
    Form 4 or Form 5 obligations may continue.
1. Name and Address of Reporting Person(s)
   Vargo, Timothy D.
   123 South Front Street                  
   Memphis, TN  38103                      
                                           
2. Issuer Name and Ticker or Trading Symbol
   AutoZone, Inc. (AZO)
3. IRS or Social Security Number of Reporting Person (Voluntary)

4. Statement for Month/Year
   October 1998
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
   [X] Director                   [ ] 10% Owner 
   [X] Officer (give title below) [ ] Other (specify below)
   President
   & Chief Operating Officer 
7. Individual or Joint/Group Filing (Check Applicable Line)
   [X] Form filed by One Reporting Person
   [ ] Form filed by More than One Reporting Person

<TABLE>
<CAPTION>
Table I   Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
- ------------------------------------------------------------------------------------------------------------------------------------
1)Title of Security                           2)Trans-    3.Trans- 4.Securities Acquired(A)      5)Amount of    6)  7)Nature of     
                                              action      action   or Disposed of (D)            Securities         Indirect        
                                              Date        Code                   A               Beneficially   D   Beneficial      
                                              (Month/                            or              Owned at       or  Ownership       
                                              Day/Year)   Code V   Amount        D  Price        End of Month   I                   
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                                           <C>         <C>      <C>           <C><C>          <C>            <C><C>              
Common Stock                                  10/16/98    P        2,000         A  $26.0000     9,402          D  
Common Stock                                                                                     4,635          I  by Immediate    
                                                                                                                   Family          

<CAPTION>
Table II (PART 1)  Derivative Securitites Acquired, Disposed of, or Beneficially Owned  (Columns 1 through 6)                       
- ------------------------------------------------------------------------------------------------------------------------------------
1)Title of Derivative          2)Conversion    3)Trans-       4)Trans-  5)Number of Derivative            6)Date Exercisable and    
Security                       or Exercise     action         action    Securities Acquired (A)           Expiration Date           
                               Price of        Date           Code      or Disposed of (D)                                          
                               Derivative                                                                                           
                               Security                       Code  V   A                D                Exercisable  Expiration   
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                            <C>             <C>            <C>       <C>              <C>              <C>          <C>          

<CAPTION>
Table II (PART 2)  Derivative Securitites Acquired, Disposed of, or Beneficially Owned  (Columns 1,3 and 7 through 11)              
- ------------------------------------------------------------------------------------------------------------------------------------
1)Title of Derivative          3)Trans-  7)Title and Amount                           8)Price     9)Number of   10) 11)Nature of    
Security                       action    of Underlying                                of Deri-    Derivative        Indirect        
                               Date      Securities                                   vative      Securities    D   Beneficial      
                                                                        Amount or     Security    Beneficially  or  Ownership       
                                                                        Number of                 Owned at      I                   
                  -                      Title                          Shares                    End of Month                      
- ------------------------------------------------------------------------------------------------------------------------------------
<S>                            <C>       <C>                            <C>           <C>         <C>           <C> <C>             

<FN>
Explanation of Responses:


</FN>
</TABLE>
SIGNATURE OF REPORTING PERSON
/s/ Vargo, Timothy D.                       
By: /s/ Harry L. Goldsmith, as Attorney-in-Fact
DATE   November 9, 1998

<PAGE>

                               POWER OF ATTORNEY
                                      
        The undersigned hereby authorizes and designates Harry L. Goldsmith,
as his true and lawful agent and attorney-in-fact to sign on his behalf any
and all statements on Form 3, Form 4 and Form 5 under Section 16 of the 
Securities and Exchange Act of 1934, as amended, and the rules promulgated
thereunder, with respect to shares of Common Stock, or other equity 
securities of AutoZone, Inc. held by the undersigned or with respect to
transactions in such shares or other equity securities by the undersigned,
and to file on his behalf, any and all such reports with the Securities
and Exchange Commission, and the New York Stock Exchange and AutoZone, Inc.,
and hereby ratifies any such action by such agent or attorney-in-fact. This 
power of attorney shall become effective as of the date indicated below and
shall remain effective for so long as the undersigned shall be an officer or 
director of AutoZone, Inc., unless sooner revoked by the undersigned in
writing.


                                        Timothy D. Vargo
                                        
                                        
                                        /s/ Timothy D. Vargo
                                        ---------------------
                                        Dated: March 15, 1995


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