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 700 locations
A national auto parts retailer plans to close more than 700 locations as part of “a strategic plan to improve business performance.” Advance Auto Parts, which has more than 4,700 stores across nearly every state,
Advance Auto Parts plans to close more than 500 stores. Here's what we know
At the start of 2024, Advance Auto Parts had 4,786 stores across the U.S. Representatives declined to provide a list of stores that would be part of the mass closings, pointing instead to the publicly available investor data released as part of the earnings call.
Advance Auto Parts Is Closing Hundreds of Stores in an Effort to Turn Its Business Around
Advance Auto still outlined some wider turnaround efforts in Thursday's announcement. Despite these sizeable closures, the company noted goals like an “acceleration in pace of n
Auto parts chain with Bay Area locations to close hundreds of stores
Advance Auto Parts, a major supplier of aftermarket replacement parts and accessories, announced plans to shutter over 700 stores by mid-2025.
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 to exit Western U.S. as it closes more than 700 locations
Shares of Advance Auto Parts Inc. pulled a sharp early U-turn to trade higher Thursday, after the company laid out its plan to return to sales growth and to boost margins, including by closing more than 700 store locations.
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 to close stores, cut jobs amid sluggish demand
Advance Auto Parts said on Thursday it will close about 500 stores by mid-2025 and cut some jobs under a restructuring effort, as demand for vehicle parts takes a hit from fewer consumers opting to repair their cars.
Advance Auto Parts shutting 500 stores, cutting jobs as fewer opt to repair cars
Advance Auto Parts said Thursday it will close about 500 stores by mid-2025 and cut some jobs under a restructuring effort, ...
Advance Auto Parts: Hold Rating Amid Uncertainty and Execution Risks
Wells Fargo analyst Zachary Fadem maintained a Hold rating on Advance Auto Parts (AAP – Research Report) today and set a price target of ...