Advance Auto Parts to close hundreds of stores, slash jobs amid sluggish demand
The company reported it will close 523 corporate stores, exit 204 independent locations and shutter 4 distribution centers by mid 2025.
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
Advance Auto Parts is closing more than 700 stores
Despite government data showing a strong economy, many retailers are struggling, just like their customers. The latest retailer to announce plans to shutte
Advance Auto Parts Closing Hundreds of Stores in Turnaround Effort
More than 200 franchises will shutter, as well as more than 500 corporate stores as the chain retrenches in the face of ongoing losses.
Advance Auto Parts to close more than 500 stores. Will Indiana shops be affected?
Advance Auto Parts is closing more than 500 shops nationwide. The retailer has more than 100 locations in Indiana.
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.
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