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 stores ...
(NEXSTAR) — 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 ...
Advance Auto Parts is continuing in its plan to shutter hundreds of stores and four distribution centers in 2025, the company said in a Wednesday earnings call after initially announcing the closures ...
Advance Auto Parts announced the closure of over 700 stores with the release of the company's third-quarter report released Thursday. The Advance Auto Parts' gross profit increased 11% in the third ...
After a subpar third-quarter financial report, which the company is chalking up to heightened operating expenses and revenue loss due to hurricanes and the CrowdStrike outage, one of the nation’s ...
While two Michigan stores are listed for sale, the specific locations impacted by the closures remain unclear. Advance Auto Parts currently operates 139 stores in Michigan. Advance Auto Parts is ...
art of an earnings call where the car parts retailer shared the closures are part of its plan to “improve business performance with a focus on core retail improvements,” according to the report. The ...
Advance Auto Parts is the latest chain to announce store closures in an effort to restructure into profitability. The car parts retailer announced on Thursday that it plans to close 523 corporate ...