The company reported it will close 523 corporate stores, exit 204 independent locations and shutter 4 distribution centers by mid 2025.
The company, which sells car batteries, motor oil and more, has seen sales slide and is closing some locations in the hopes ...
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.
While we do not foresee any immediate threats to Advance’s solvency, we acknowledge that its weakening cash flow generation and recent credit rating downgrade provides some financial uncertainty.
NEW YORK — U.S. stocks slipped Nov. 14 as the market's big burst following Donald Trump's election continued to cool. The S&P ...
Advance Auto Parts, one of Raleigh’s two Fortune 500 companies, announced it will close hundreds of stores across North America as it works to end an ongoing financial slump. Advance Auto’s decision ...
Amid a year of sagging sales, Advance Auto Parts said it plans on closing more than 700 locations by mid-2025. The company ...
Amid a year of sagging sales, Advance Auto Parts said it plans on closing over 700 locations by mid-2025.
Advance Auto Parts executives announced Thursday that the company will be closing 523 corporate stores through 2027.