Advance Auto Parts plans to close hundreds of stores, four distribution centers and slash jobs amid the sluggish demand for vehicle parts, the company said this week.. The announcement came with ...

KEY TAKEAWAYS Advance Auto Parts shares surged after the auto retailer announced plans Thursday to close hundreds of stores as it posted a surprise quarterly loss. As part of a new three-year ...

Advance Auto Parts store closures The company plans to close 23 corporate stores, 204 independent locations and four distribution centers. No locations have been announced yet for the closures.

NEW YORK -- 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 announced on Thursday that it would cut jobs and close more than 500 stores by mid-2025 to restructure, according to Reuters.. The car care chain plans to close 523 corporate ...

Advance Auto Parts is tightening its belt as the company's stock price continues its downward trend. Advance Auto Parts (NYSE: AAP) is closing more than 700 stores and a handful of distribution ...

Advance Auto Parts executives announced Thursday that the company planned to close hundreds of stores over the next several years, as business failed to meet expectations set by investors ahead of a ...

After closing hundreds of its stores to “optimize” its U.S. store footprint, Advance Auto Parts is ready to expand. The automotive aftermarket parts retailer said it has completed the store ...

Advance Auto Parts announced on Thursday that it is closing at least 500 corporate stores by mid-2025, and exiting another 200 independent locations.

Why is Advance Auto Parts closing stores? According to the report, third quarter 2024 sales totaled $2.1 billion, compared with $2.2 billion in the third quarter of the prior year.

Some New York Advance Auto Parts stores could close as the company announced the shuttering of over 700 of its stores ...

Advance Auto Parts announced on Thursday that it would cut jobs and close more than 500 stores by mid-2025 to restructure, according to Reuters.. The car care chain plans to close 523 corporate ...