Advance Auto Parts to close hundreds of stores, slash jobs amid sluggish demand
The company reported it will close 523 corporate stores, exit 204 independent locations and shutter 4 distribution centers by mid 2025.
Advance Auto Parts Closing Hundreds of Stores in Turnaround Effort
More than 200 franchises will shutter, as well as more than 500 corporate stores as the chain retrenches in the face of ongoing losses.
Advance Auto Parts to close more than 500 stores. Will Kentucky shops be affected?
Advance Auto Parts is closing more than 500 shops nationwide. The retailer has more than 100 locations in Kentucky.
Advance Auto Parts to close more than 500 stores. How will Ohio be affected? What we know
Advance Auto Parts plans to close more than 500 stores by 2025. Here's what to know about how Ohio is affected.
Advance Auto Parts announces plan to close over 700 locations
National retailer Advance Auto Parts announced Thursday it plans to close more than 700 locations in the coming years as the company works to address ongoing financial struggles. The closure announcement was made during the company’s third quarter earnings report.
Advance Auto Parts plans to close stores: Here's what we know about Michigan locations
The company said its gross profits grew compared to 2023, but it will close hundreds of stores while opening others.
Advance Auto Parts to close more than 500 stores, 200 independent locations
Some stores and distribution centers will be made into “market hubs,” company officials said. There were more than 4,780 corporate stores and another 1,125 independent locations in the U.S., Canada, Mexico and some Caribbean islands, the AP reported.
Advance Auto Parts to Close Stores as Sales Pressure Persists
Advance Auto Parts said it will close hundreds of stores and cut jobs after posting a surprising quarterly loss and forecasting revenue below market expectations.
Advance Auto Parts closing hundreds of locations following sluggish performance
Advance Auto Parts announced that it will close over 700 locations, including corporate stores and independently-owned locations, as part of a financial restructuring effort.
Advance Auto Parts Shuttering Hundreds Of Stores, Handful Of Warehouses
The company, which sells car batteries, motor oil and more, has seen sales slide and is closing some locations in the hopes of boosting its business.
Cautious Outlook for Advance Auto Parts Amid Store Closures and Profit Concerns
Truist Financial analyst Scot Ciccarelli maintained a Hold rating on Advance Auto Parts (AAP – Research Report) today and set a price
Advance Auto Parts: Restructuring Risks and Ambitious Goals Amid Hold Rating
Advance Auto Parts (AAP – Research Report), the Consumer Cyclical sector company, was revisited by a Wall Street analyst today. Analyst ...
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Advance Auto Parts to close more than 500 stores. Will Indiana shops be affected?
Advance Auto Parts is closing at least 500 corporate stores by mid-2025 and exiting another 200 independent locations, ...