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.
This struggling auto parts business plans to close hundreds of stores
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.
Advance Auto Parts to close over 700 stores after poor financial results
The company currently operates more than 4,780 stores and 1,125 independently owned, Carquest-branded locations.
Industry Demand Looks Healthy, but Advance Still Dealing With Bloated Costs, Part Availability Woes
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.
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Advance Auto Parts plans to close more than 700 stores amid sagging sales
Amid a year of sagging sales, Advance Auto Parts said it plans on closing more than 700 locations by mid-2025. The company ...
Advance Auto Parts to close over 500 stores
Advance Auto Parts executives announced Thursday that the company will be closing 523 corporate stores through 2027.
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Advance Auto Parts plans to close over 700 stores as sales sag
Amid a year of sagging sales, Advance Auto Parts said it plans on closing over 700 locations by mid-2025.