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 closing over 700 locations following sluggish performance
Advance Auto Parts will close over 700 locations, including corporate stores and independently-owned locations, as part of a financial restructuring effort.
Advance Auto Parts announces plan to close over 700 locations
National retailer Advance Auto Parts announced Thursday it plans to close more than 700 locations in the coming years as the company works to address ongoing financial struggles. The closure announcement was made during the company’s third quarter earnings report.
Advance Auto Parts to close 700+ locations by mid-2025. How it could impact Vermont
Advance Auto Parts is closing over 700 locations nationwide by mid-2025 due to underperforming sales, according to the company's third quarter earnings report released on Nov. 14.
Advance Auto Parts is closing hundreds of stores in an effort to turn its business around
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. North Carolina-based Advance Auto said Thursday that it would be reducing its U.
Advance Auto Parts to close over 700 locations by mid-2025 amid financial losses
Advance Auto Parts announced Thursday it would attempt to cut company losses with the closure of over 700 locations across the US.
Advance Auto Parts planning to close more than 500 stores | Chain has large Georgia presence
It's not been announced specifically where stores will close, but the auto parts retail chain has more than 250 stores in Georgia.
Advance Auto Parts to close more than 700 stores. Which Florida locations are closing?
Another chain is cutting back. Advance Auto Parts announced it will be closing more than 700 locations by mid-2025.
Advance Auto Parts plans to close over 700 stores. How many locations are in Iowa?
Iowa has 37 Advance Auto Parts locations. Des Moines has the largest presence of stores in the state with six locations in the capital city and stores in Ankeny and Urbandale. Other locations include Ames, Coralville, Davenport and Iowa City, among others.
Advance Auto Parts to close more than 700 locations by mid-2025
As of October 5, 2024, Advance operated 4,781 stores primarily within the United States, with additional locations in Canada, Puerto Rico and the U.S. Virgin Islands. According to CNN, major chain stores are on track to close the highest number of stores in 2024 than in any year since 2020, when the pandemic decimated businesses.
Advance Auto Parts is closing more than 700 locations
The reduction will result in closing roughly 500 corporate-owned stores plus about 200 independently operated locations.
Cautious Outlook for Advance Auto Parts Amid Store Closures and Profit Concerns
Truist Financial analyst Scot Ciccarelli maintained a Hold rating on Advance Auto Parts (AAP – Research Report) today and set a price ...
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, ...