NEW YORK -- NEW YORK (AP) — Advance Auto Parts is closing more than 500 stores and shedding another 200 independent locations as part of its efforts to revive its struggling business.

The company currently operates more than 4,780 stores and 1,125 independently owned, Carquest-branded locations.

Amid a year of sagging sales, Advance Auto Parts said it plans on closing more than 700 locations by mid-2025. The company said it will shut down 727 of its 4,492 stores. Of those 727 stores to close, 523 are corporate owned while the other 204 are independently owned. A list of closing locations was not immediately available.