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 exit Western U.S. as it closes more than 700 locations
S hares 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 to close over 500 stores
Advance Auto Parts executives announced Thursday that the company will be closing 523 corporate stores through 2027.
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.
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 is closing more than 700 locations
The reduction will result in closing roughly 500 corporate-owned stores plus about 200 independently operated locations.
Raleigh-based Advance Auto Parts to close more than 700 stores, seeks financial rebound
Advance Auto Parts operates 4,781 stores, most in the U.S. It relocated from Roanoke, Virginia, to Raleigh in 2018 after North Carolina and local governments offered the company a combined $12 million in economic incentives. As part of the deal, the maker of aftermarket auto parts pledged to create 435 new jobs at its new corporate home.
Nationwide Auto Parts Store Shuttering Hundreds of Locations; Here’s Why
An auto parts retailer with thousands of stores across the U.S. has announced plans to close locations as it attempt to improve its business. It hasn't been an easy year for several retail chains that have needed to declare bankruptcy or just shutdown completely. In just the past two months alone, we've seen:
Advance Auto Parts to close over 700 stores. Here's how many stores operate in New York
New York has 222 Advance Auto Parts stores throughout the state with the most — eight stores — located in Rochester. Emily Barnes reports on consumer-related issues for the USA TODAY Network’s New York Connect Team, focusing on scam and recall-related topics. Follow her on Twitter and Instagram @byemilybarnes . Get in touch at [email protected].
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 closing more than 700 stores across the US
A news release from Advance Auto Parts said the closures include 523 Advance corporate stores, 204 independent locations and ...
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Advance Auto Parts plans to close more than 500 stores. Here's what we know
About 204 independent store locations would also leave the franchise, meaning they would lose the Advance Auto Parts ...